1225 Waterway LN — photo 1
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$1,399,900

1225 Waterway LN, Burnet TX 78611

3 bd·3 ba·3,207 sqft·$437/sqft

MLS #242768390 · Listing Results, LLC · Jack McLemore

Market insights

Compared with 185 active homes in ZIP 78611 · HomeLocating listings

Area median price
$429,900
This home vs. median
226% above
Homes with a price cut
12%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1985
Full baths
3
Lot size
1.24
Subdivision
Swiss Village
MLS area
BU
MLS #
242768390

Features

Interior features

  • Ceiling Fan(s)
  • High Ceilings
  • Electric Dryer Hookup
  • Interior Steps
  • Kitchen Island
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Balcony
  • Boat Dock - Private
  • Boat Lift
  • Gutters Full

Additional details

Parking
Detached
Garage spaces
2
Roof
Metal
Foundation
Pillar/Post/Pier, Slab
HOA
$400 / annually

Schools

Assigned schools per the MLS.

School district
BurnetCONSISD
Elementary
RJ Richey
Middle
Burnet (Burnet ISD)
High
Burnet

About this home

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.

Location

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Listing courtesy of Listing Results, LLC · Jack McLemore

Listing data last updated Aug 1, 2026, 11:46 AM

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