603 Waterway Ln, Burnet, TX 78611

Burnet
Local realty services provided by:ERA Experts
Listed by: lisa little
Office: compass re texas, llc.
MLS#:8136931
Source:ACTRIS
603 Waterway Ln,Burnet, TX 78611
$700,000
  • 2 Beds
  • 2 Baths
  • 1,112 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$700,000
  • Price per sq. ft.:$629.5
  • Monthly HOA dues:$33.33

About this home

Rare income-producing waterfront estate on Lake Buchanan! Situated on 2.03 unconstrained acres with 213 feet of shoreline located directly at year-round deep water, this prime Hill Country property offers the ultimate combination of immediate lakefront living, cash-flow potential, and custom development flexibility. It is conveniently located just 90 minutes from Austin and 20 minutes from Marble Falls. The property features a charming 1-bedroom main house plus a separate studio casita equipped with a kitchenette and full bath, offering 1,112 total square feet. It is short-term rental ready with a proven track record. Live in one unit and rent the other, operate both as a dual-unit getaway, or keep the entire compound as your private weekend retreat. A detached two-car garage provides ideal storage for boats, jet skis, and lake gear. Enjoy the full lake house lifestyle from day one while designing and permitting your dream luxury primary residence on the elevated upper pad...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1995
  • Subdivision & Development:Swiss Village
  • Listing ID #:8136931
  • Updated:October 04, 2026 at 03:10 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile
  • Kitchen Description:Built-In Electric Range
  • Living area:1,112 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1995
  • Building area:1,112 sq. ft.
  • Lot area:2.03 Acres
  • Lot Features:Irregular Lot, Many Trees
  • Construction Materials:Wood Siding
  • Exterior Features:Exterior Steps, Outdoor Grill
  • Foundation Description:Slab

Schools

  • High school:Burnet
  • Elementary school:Burnet

Utilities

  • Water:Well
  • Sewer:Aerobic Septic

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$629.5
  • Tax amount:$10,903 (2025)

Features and amenities

  • Appliances:Built-In Electric Range

Parking

  • Total parking spaces:2
  • Parking description:Detached, Door-Single, Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:2
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated October 4, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS.

New listings near 603 Waterway Ln