1225 Waterway Ln Burnet, TX $ 1,499,900
1225 Waterway Ln
$ 1,499,900
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1225 Waterway Ln

Burnet, TX, 78611
$ 1,499,900
Bedrooms3 Baths3.0 Sq 3,207

Monthly Estimate*

$ 9,471

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Single Family Home for sale in Burnet, TX

for $1,499,900 with 3 bedrooms and 3 full baths. This 3,207 square foot home was built in 1985 on a lot size of 1.24.

Sold FULLY FURNISHED if desired! Extraordinary waterfront retreat on Lake Buchanan featuring panoramic open-water views, massive elevated entertaining decks, mature shade trees, private boat dock, and a proven Airbnb rental history with nearly 40 five-star reviews. This turnkey lakefront property blends rustic Hill Country charm with exceptional indoor-outdoor living, creating an unforgettable destination for both owners and guests. The split-level main house features 2 bedrooms, 2 en-suite baths, a loft space, over-sized kitchen with gas cooktop, island, and granite countertops, a dining area with 180-degree lake views and a stone fireplace. The living space opens onto the large deck ideal for indoor/outdoor entertaining. The guesthouse across the street sits above an oversized 3 car garage that is currently being used as a game room for the short-term rental. The guesthouse has its own private entrance and includes a large living space with hill-top lake views, 1 bedroom, 1 bath, and kitchen. The guesthouse has proven long-term rental history but may also be used as additional living space for the short-term rental. The home sits on 1.24 acres with approximately 285 feet of direct water access to a deep-water cove. Water remained in the cove even in the most recent low lake levels in Summer of 2023. The floating dock and rolling stairs allow for fluctuating water levels. Next to the home is a unique dome with around 800 square feet of storage space, with endless opportunities for additional one-of-a-kind living space! There is also an additional undeveloped portion of the property that offers added privacy and potential to place an RV or two, with lake views. This property is a rare find on Lake Buchanan! Virtual tour link available on MLS.

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Single Family Active

Price

$ 1,499,900

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 10,720

Style

Single Family Residence

Lot Size

1.24

Year Built

1985

Town/City

Burnet

County/Region

Burnet

MLS | Web ID

7528792

Features
General
Living Area 3207
Sewer Septic Tank
Heating Propane
Cooling Central Air
Utilities Electricity Connected Propane
Roof Metal
Appliances Dishwasher Disposal Electric Cooktop Gas Range Microwave Double Oven Refrigerator Trash Compactor
HOA Fee 400
Garage Spaces 2
Association Fee Includes See Remarks
Patio/Porch Features Covered Deck
Pool Features None
Construction Materials Adobe Wood Siding Stone
Year Built 1985
View Hill Country Lake Panoramic
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2021
Waterfront Features Lake Front Waterfront
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Burnet
New Construction N
Property Type Residential
HOA Y
Energy Efficient None
Subdivision Name Swiss Village
Facing Direction East
Green Sustainability None
Other Structures Guest House Storage
Full Baths 3
Status Active
Directions Take Highway 29 West from Burnet. Turn right on 2341 and go about 13.5 miles. Turn left on Ed Low Dr. Turn left on Waterway Ln. Main house will be on the left and guesthouse on the right.
High School Burnet
City Burnet
Body of Water Lake Buchanan
Disclosures Seller Disclosure
Association Name Swiss Village
MLS Area BU
Lot Size Square Feet 54014.4
Elementary School RJ Richey
Middle/Junior High School Burnet (Burnet ISD)
Property Condition Resale
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=y5nwBnVswTJ
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 688914
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Interior
Interior Amenities Ceiling Fan(s) Ceiling-High Interior Steps Kitchen Island Storage Walk-In Closet(s)
Flooring Tile Wood
Total Fireplaces 1
Fireplace Features Living Room
Window Features None
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 0
Total Baths 3
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Exterior
Exterior Amenities Balcony Boat Dock - Private Boat Lift Gutters Full
Fencing None
Parking Features Detached
Lot Features Bluff Sloped Down Views
Water Source Well
Total Parking 4
Foundation Details Pillar/Post/Pier Slab
Lot Size Acres 1.24
Waterfront Y/N Y
Covered Spaces 2
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 1225
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* Excluded Features
List By
Jack McLemore

Listing Agent

Listing Results, Llc

Broker

info@listingresults.com

Email

Affordability Calculator

$10,364
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$893
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5285981 Elementary School
5285980 Middle School
Burnet High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$1,499,900 Listed Price

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1225 Waterway Ln, Burnet, TX, 78611 is a Single Family Home for sale at $1,499,900 with 3,207 sqft and a lot size of 1.24. 1225 Waterway Ln has 3 bedrooms, 3.0 baths, and was built in 1985. The property's zip code is 78611 which is in Burnet, TX