517 WATERWAY Ln Burnet, TX $ 1,540,000
517 WATERWAY Ln
$ 1,540,000
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517 WATERWAY Ln

Burnet, TX, 78611
$ 1,540,000
Bedrooms2 Baths2.0 Sq 2,524

Monthly Estimate*

$ 9,724

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Single Family Home for sale in Burnet, TX

for $1,540,000 with 2 bedrooms and 2 full baths. This 2,524 square foot home was built in 1989 on a lot size of 1.388.

FABULOUS WATERFRONT RETREAT ON LAKE BUCHANAN! Experience one of the most breathtaking waterfront settings in the Texas Hill Country, where spectacular panoramic views of the main body of Lake Buchanan create an unforgettable backdrop. This exceptional property offers a rare opportunity to enjoy the peaceful beauty of lake living while remaining conveniently close to nearby amenities. The immaculate one-story lake home features soaring ceilings, abundant natural light, and an inviting open feel designed to showcase the incredible views. Step outside onto the expansive vacation deck, where you'll enjoy morning coffee, evening sunsets, and endless opportunities to relax while overlooking the sparkling waters of Lake Buchanan. Designed for both recreation and convenience, the property includes its own private boat dock and boat ramp, making it easy to spend your days boating, fishing, kayaking, or simply enjoying the lake. A large metal building provides excellent storage, workshop space, and room for recreational equipment, while the spacious front lawn offers abundant parking for family and guests. The grounds are beautifully enhanced with impressive custom stonework, including elegant planters, staircases, and thoughtfully designed low-maintenance landscaping that complements the natural surroundings. Towering trees, native wildlife, and the serene beauty of the Texas Hill Country create an atmosphere that feels worlds away from everyday life. Whether you're searching for a full-time residence, a weekend escape, or a family retreat, this remarkable waterfront property offers a lifestyle of tranquility, recreation, and unforgettable beauty. It's more than a lake house ~ it's a destination where every day feels like a vacation. owner/agent

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Single Family Active

Price

$ 1,540,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 12,594

Style

Single Family Residence

Lot Size

1.388

Year Built

1989

Town/City

Burnet

County/Region

Burnet

MLS | Web ID

9033654

Features
General
Living Area 2524
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Available Electricity Connected Water Available Water Connected
Roof Metal
Appliances Bar Fridge Dishwasher Disposal Microwave Electric Oven
HOA Fee 100
Garage Spaces 7
Association Fee Includes See Remarks
Patio/Porch Features Front Porch
Pool Features None
Construction Materials Stucco
Year Built 1989
View Hill Country Lake Water
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Lake Front Lake Privileges 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 Vanishing Texas
Facing Direction South
Green Sustainability None
Other Structures Garage(s) Outbuilding Storage Workshop
Full Baths 2
Status Active
Directions 281 TO HWY 29 * RIGHT ON HWY 2341 * LEFT ON ED LOW DRIVE * LEFT ON WATERWAY LANE * PROPERTY IS AT THE END OF WATERWAY WAY LANE AT GATE ENTRANCE
High School Burnet
City Burnet
Body of Water Lake Buchanan
Disclosures Seller Disclosure
Association Name VANISHING TEXAS
MLS Area BU
Lot Size Square Feet 60461.28
Elementary School Shady Grove
Tax Annual Amount 12594.23
Middle/Junior High School Burnet (Burnet ISD)
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 991001
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Interior
Interior Amenities Breakfast Bar Double Vanity Eat-in Kitchen Entrance Foyer No Interior Steps Open Floorplan Pantry Primary Bedroom on Main Storage Walk-In Closet(s)
Flooring Concrete Tile
Total Fireplaces 0
Window Features Blinds
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Boat Dock - Private Boat Ramp Exterior Steps Private Entrance Private Yard RV Hookup
Fencing Front Yard Partial
Parking Features Boat Covered Detached Driveway Enclosed Gated Outside Oversized Side By Side Storage
Lot Features Cleared Front Yard Gentle Sloping Level Open Lot Private Trees-Medium (20 Ft - 40 Ft) Views
Water Source Cistern Well
Total Parking 20
Foundation Details Slab
Lot Size Acres 1.388
Waterfront Y/N Y
Covered Spaces 7
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 517
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* Excluded Features
List By
Vlado Ruzicka

Listing Agent

Ruzicka Real Estate

Broker

vlado@ruzickarealestate.com

Email

Affordability Calculator

$10,773
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,724
Monthly Property Taxes
$1,050
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
5286021 Elementary School
5285980 Middle School
Burnet High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,540,000 -3.14% Price Down
7/28/2026$1,590,000 Listed Price

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517 WATERWAY Ln, Burnet, TX, 78611 is a Single Family Home for sale at $1,540,000 with 2,524 sqft and a lot size of 1.388. 517 WATERWAY Ln has 2 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 78611 which is in Burnet, TX