517 WATERWAY LN, Burnet TX 78611
MLS #245286330 · Ruzicka Real Estate · Vlado Ruzicka
About this home
FABULOUS WATERFRONT RETREAT ON LAKE BUCHANAN! Experience one of the most breathtaking waterfront settings in the Texas Hill Country, where spectacular panoramic views of the main body of Lake Buchanan create an unforgettable backdrop. This exceptional property offers a rare opportunity to enjoy the peaceful beauty of lake living while remaining conveniently close to nearby amenities. The immaculate one-story lake home features soaring ceilings, abundant natural light, and an inviting open feel designed to showcase the incredible views. Step outside onto the expansive vacation deck, where you'll enjoy morning coffee, evening sunsets, and endless opportunities to relax while overlooking the sparkling waters of Lake Buchanan. Designed for both recreation and convenience, the property includes its own private boat dock and boat ramp, making it easy to spend your days boating, fishing, kayaking, or simply enjoying the lake. A large metal building provides excellent storage, workshop space, and room for recreational equipment, while the spacious front lawn offers abundant parking for family and guests. The grounds are beautifully enhanced with impressive custom stonework, including elegant planters, staircases, and thoughtfully designed low-maintenance landscaping that complements the natural surroundings. Towering trees, native wildlife, and the serene beauty of the Texas Hill Country create an atmosphere that feels worlds away from everyday life. Whether you're searching for a full-time residence, a weekend escape, or a family retreat, this remarkable waterfront property offers a lifestyle of tranquility, recreation, and unforgettable beauty. It's more than a lake house ~ it's a destination where every day feels like a vacation. owner/agent
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1989
- Full baths
- 2
- Lot size
- 1.388
- Subdivision
- Vanishing Texas
- MLS area
- BU
- MLS #
- 245286330
Features
Interior features
- Breakfast Bar
- Double Vanity
- Electric Dryer Hookup
- Eat-in Kitchen
- Entrance Foyer
- French Doors
- No Interior Steps
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Storage
- Walk-In Closet(s)
- Washer Hookup
Exterior features
- Boat Dock - Private
- Boat Ramp
- Exterior Steps
- Private Entrance
- Private Yard
- RV Hookup
Additional details
- Parking
- Boat, Covered, Detached, Driveway, Enclosed, Gated, Outside, Oversized, Side By Side, Storage
- Garage spaces
- 7
- Roof
- Metal
- Foundation
- Slab
- HOA
- $100 / annually
- Annual tax
- $12,594
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- BurnetCONSISD
- Elementary
- Shady Grove
- Middle
- Burnet (Burnet ISD)
- High
- Burnet
Comparable homes near 517 WATERWAY LN
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Getting around
- Downtown Austin
- 57.6 mi
- Austin-Bergstrom Airport
- 64.2 mi
Straight-line distance, not drive time.
Market insights
Compared with 248 active homes in ZIP 78611 · HomeLocating listings
At $1,499,000, this home is priced 275% above the $399,450 median across 248 active homes in ZIP 78611.
Estimated monthly payment
Home price
$1,499,000
Down payment
20% ($299,800)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Ruzicka Real Estate · Vlado Ruzicka
Listing data last updated Oct 2, 2026, 11:46 PM
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