603 Waterway Ln
Burnet, TX, 78611 $ 700,000
Bedrooms2 Baths2.0 Sq 1,112 Monthly Estimate*
$ 4,420
for $700,000 with 2 bedrooms and 2 full baths. This 1,112 square foot home was built in 1995 on a lot size of 2.03.
Lake Buchanan Waterfront Retreat | 2.038 Acres | 213 Feet of Waterfront Rare opportunity to own a private waterfront retreat on Lake Buchanan with 213 feet of shoreline and over two acres in a gated hillside community. Perched above the lake, this unique property offers panoramic water views, exceptional privacy, and a versatile layout ideal for full-time living, weekend getaways, or income-producing opportunities. The property features three separate structures, including a charming main residence with a full kitchen, living area, private bedroom, and full bath, as well as a detached studio apartment complete with its own full bath and climate control. A separate two-car garage provides ample storage for vehicles, lake toys, and outdoor equipment. With a combined 1,112 square feet of living space, private well and septic systems, and plenty of room to expand, the possibilities are endless. Live in one residence while hosting guests in the other, create a private family compound, or explore short-term rental potential. Enjoy breathtaking sunsets from the expansive deck, easy access to the water, and the peace of mind that comes with an elevated setting above the lake. Whether you're seeking a serene escape, an investment opportunity, or a place to create lasting memories, this Lake Buchanan property offers a truly special waterfront lifestyle.
See more
FeaturesGeneralLiving Area 1112
Sewer Aerobic Septic
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Composition
Appliances Built-In Electric Range
Garage Spaces 2
Patio/Porch Features Deck
Pool Features None
Construction Materials Wood Siding
Year Built 1995
View Lake Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Front Waterfront
Community Features None
Accessibility None
County Burnet
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Swiss Village
Facing Direction North
Green Sustainability None
Other Structures Garage(s) Guest House
Full Baths 2
Status Active
Directions From State Hwy 29 Go north on FM 2341 Left on Ed Low Dr Left on Waterway Ln House is on the left.
High School Burnet
City Burnet
Body of Water Lake Buchanan
Disclosures MUD
MLS Area BU
Lot Size Square Feet 88426.8
Elementary School Burnet
Tax Annual Amount 10902.95
Middle/Junior High School Burnet (Burnet ISD)
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 850000
See more
InteriorInterior Amenities Quartz Counters
Flooring Tile
Total Fireplaces 1
Fireplace Features Family Room Gas Log
Window Features Double Pane Windows
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
See more
ExteriorExterior Amenities Boat Dock - Private Boat Slip
Fencing Split Rail
Parking Features Asphalt
Lot Features Irregular Lot Private Many Trees Views
Water Source Well
Total Parking 2
Foundation Details Slab
Lot Size Acres 2.03
Waterfront Y/N Y
Covered Spaces 2
Horse Y/N N
Horse Amenities None
See more
* Excluded FeaturesList ByCompass Re Texas, LlcBroker
lisa.little@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,420
- Monthly Property Taxes
- $909
- 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.
Learn more about how to save NearbySingle family listings in Burnet, TX
Average List Price $759,567
Percent of Sale Price 9%
About Burnet, TX 6,693 Population
36% Since 2002
$ 50,571 Median Income
36.3 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
5285993 Elementary School
5285980 Middle School
Burnet High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2026 | $700,000 | | Listed Price |