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- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Hot
Street View
$700,000
Monthly Est:$3,484
2 Beds
2 Baths2 full baths
1,112sqft
603 Waterway Ln, Burnet, TX 78611
$700,000
$3,484/moEst:
Get Pre-Approved
Single Family Residence
Built in 1995
$33.33/mo HOA
2.03 acres lot
$629/sq.ft
Description
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 overlooking panoramic water views. The existing residences easily preserve as a completed guest compound or income-producing rental. With broad acreage, low Burnet County tax rates, and year-round deep-water access, 603 Waterway represents one of the most versatile waterfront opportunities on Lake Buchanan. Schedule your private tour today.
- Houzeo last checked: 1 hour ago
- Listing updated: October 12, 2026 at 7:43 pm
- Listing Provided by: Lisa Little (512) 605-9590 | Compass RE Texas, LLC (512) 575-3644
- Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 8136931
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1995
HOA Fees
$33.33/mo
Finished Area
1,112 sqft
Lot Size
2.03 acres lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
8136931
MLS Status
Active
Days on Market
151
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Location
HOA Management
N/A
HOA Fees
$400/ Annually
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Appliances
Built In Electric Range
Exterior Features
Exterior Steps, Lighting, Outdoor Grill
Heating
Central
Cooling
Central Air
Sewer
Aerobic Septic
Window Features
Double Pane Windows
Flooring
Tile
Interior Features
Ceiling Fan(s), Quartz Counters, Eat In Kitchen, Recessed Lighting
Construction
Year Built
Year Built: 1995
Home type
Single Family Residence
Construction Materials
Wood Siding
Foundation Details
Slab
Roof
Composition
Property Condition
Resale
Utilities & Energy
Utilities
Electricity Connected, Water Connected
Parking Features
Asphalt, Detached, Door Single, Garage, Garage Door Opener
Pool Features
None
Water Source
Well
Fireplace Features
Family Room, Gas Log
Other Features
Lot Features
Irregular Lot, Private, Many Trees, Views
Disclosures
Mud
Community Features
None
Patio And Porch Features
Deck
Subdivision Name
Swiss Village
Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Listed for Sale | $700,000 +0.04% $629/sqft |
05/27/2026 Source: | Listing Removed | $699,714 $629/sqft |
04/15/2026 Source: | Price Decreased | $699,714 -6.17% $629/sqft |
03/23/2026 Source: | Price Decreased | $745,714 -0.72% $671/sqft |
03/12/2026 Source: | Listed for Sale | $751,114 $675/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Nov 02, 2026, 02:15PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by 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. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.
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