1225 WATERWAY LANE, BURNET, TX 78611
Homes for sale in Burnet.
Homes for sale in 78611.
List Price$1,499,900
1225 Waterway Lane
Burnet, TX 78611
Listing #7528792
2
Bedrooms
2 full
Bathrooms
2,373
Square Feet
House
Type
About This Property
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.
Virtual Tour
Property Features
Location Information
County
Burnet
Subdivision
Swiss Village
County
Burnet
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.
Area
BU
Interior Features
Interior
Ceiling Fan(s), High Ceilings, Interior Steps, Kitchen Island, Main Level Primary, Storage, Walk-In Closet(s)
Heating
Propane
Primary Bedroom On Main
Yes
Floors
Laminate, Tile
Full Baths
2
Laundry
Main Level, Washer Hookup, Electric Dryer Hookup
Has Fireplace
Yes
Disabled Features
None
Number of Fireplaces
1
Appliances
Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Water Softener, Trash Compactor
Fireplace Description
Living Room
Accessibility
None
Exterior Features
Style
Adobe, Stone, Wood Siding
Garage Spaces
2
Is New Construction
No
Fencing
None
Construction/Exterior
Adobe, Stone, Wood Siding
Lot Size in Acres
1.24
Exterior
Boat Lift, Dock, Rain Gutters
Water Body
Lake Buchanan
Foundation
Slab
Waterfront Description
Lake Front, Waterfront, Boat Ramp/Lift Access
Possession
Negotiable
Has Waterfront
Yes
Water / Sewer
Septic Tank
Has View
Yes
Water
Well
View
Hills, Lake, Panoramic
Parking Description
Detached
School
Elementary School District
BurnetCONSISD
Middle School
Burnet (Burnet ISD)
Elementary School
RJ Richey
High School
Burnet
Additional Information
Roof/Attic
Metal
Status
Active
Other Utilities
Electricity Connected, Propane
HOA Fee
$400
Association Name
Swiss Village
HOA Frequency
Annually
Property Type
SFR
HOA Includes
See Remarks
Property SubType
Single Family Residence
Documents Available
Survey
Year Built
1985
Square Feet Source
Appraiser
APN
08250000000078000
Similar Listings
Mortgage Calculator
$7,002
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,404
Monthly Tax
$1,249
Monthly Insurance
$349
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of: Listing Results, LLC (817) 283-5134
© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at May 28, 2026, 7:59 PM CT
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