For sale

$700,000

603 Waterway Ln
Burnet, TX 78611

  • 2 beds
  • 2 baths
  • 1,112 sq ft
  • 2.03 acres

Listing courtesy of Compass RE Texas, LLC · (512) 575-3644 · MLS# 8136931 · Status: Active

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 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.

Description provided by the listing brokerage.

Facts

Property type
Residential · Single Family Residence
Year built
1995
Lot size
2.03 acres
Living area
1,112 sq ft
Price per sq ft
$630
Bathrooms
2 full, 0 half
Garage
2 spaces
HOA
$400 (annually)
Annual taxes
$10,903
County
Burnet
Neighborhood
Swiss Village
School district
BurnetCONSISD
Schools
Burnet · Burnet (Burnet ISD) · Burnet

Features

Roof
Composition
View
Hill Country, Lake, Trees/Woods, Water
Sewer
Aerobic Septic
Levels
One
Cooling
Central Air
Fencing
Split Rail
Heating
Central
Flooring
Tile
Utilities
Electricity Connected, Water Connected
Appliances
Built-In Electric Range
Lot
Irregular Lot, Private, Many Trees, Views
Water
Well
Pool
None
Horse amenities
None
Windows
Double Pane Windows
Parking
Asphalt, Detached, Door-Single, Garage, Garage Door Opener
Exterior
Exterior Steps, Lighting, Outdoor Grill
Interior
Ceiling Fan(s), Quartz Counters, Eat-in Kitchen, Recessed Lighting
Community
None
Fireplace
Family Room, Gas Log
Foundation
Slab
Waterfront
Lake Front, Waterfront
Energy efficiency
None
Accessibility
None
Construction
Wood Siding
Patio & porch
Deck

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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