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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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1225 Waterway Ln , Burnet, TX 78611
$1,399,900
Est. Payment: $7,030.12/mo
3 Bed
3 Bath
3207 Sqft
Status: active | Days on site: 42
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

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.
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Highlights

Listed by Jack McLemore , (800) 433-5206 Listing Results, LLC , (817) 283-5134. Austin MLS mls logo

Property Type

Residential
Lot/Acreage
1.24

HOA Fee

400 Annually

Year Built

1985

County

Burnet

Area

BU

 Neighborhood

Swiss Village

 School District

BurnetCONSISD

Listing ID

7528792

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Trash Compactor
Floor:Tile,Wood
Other:Ceiling Fan(s),High Ceilings,Interior Steps,Kitchen Island,Storage,Walk-In Closet(s)
Other:Well

Exterior Features

Lot:Bluff,Sloped Down,Views
Roof:Metal
Others:Boat Lift,Balcony,Dock,Rain Gutters,Resale
Sewer:Septic Tank
Parking Features:Detached
Principal Interest
$7,030
Taxes
$892
HOA
$400

Home Price

$1,399,900

Loan Details

30 yrs
6.434%

Down Payment

20%
$279,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,030.12

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $7,030.12 $892.44 $400.00 $8,322.55
Yearly $84,361.40 $10,709.24 $4,800.00 $99,870.63
Total $2,530,841.86 $321,277.05 $144,000.00 $2,996,118.91

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Burnet, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
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Listings courtesy of Austin MLS as distributed by MLS GRID

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Data last updated: 2026-07-17T15:20:32.000Z

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