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Jeannette Spinelli

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

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603 Waterway Ln , Burnet, TX 78611
$700,000
Est. Payment: $3,515.31/mo
2 Bed
2 Bath
1112 Sqft
Status: active | Days on site: 1
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Jeannette Spinelli
Broker Associate & Founder

House Description

Lake Buchanan Waterfront Retreat | 2.038 Acres | 213 Feet of Waterfront Rare opportunity to own a private waterfront retreat on Lake Buchanan with 213 feet of shoreline and over two acres in a gated hillside community. Perched above the lake, this unique property offers panoramic water views, exceptional privacy, and a versatile layout ideal for full-time living, weekend getaways, or income-producing opportunities. The property features three separate structures, including a charming main residence with a full kitchen, living area, private bedroom, and full bath, as well as a detached studio apartment complete with its own full bath and climate control. A separate two-car garage provides ample storage for vehicles, lake toys, and outdoor equipment. With a combined 1,112 square feet of living space, private well and septic systems, and plenty of room to expand, the possibilities are endless. Live in one residence while hosting guests in the other, create a private family compound, or explore short-term rental potential. Enjoy breathtaking sunsets from the expansive deck, easy access to the water, and the peace of mind that comes with an elevated setting above the lake. Whether you're seeking a serene escape, an investment opportunity, or a place to create lasting memories, this Lake Buchanan property offers a truly special waterfront lifestyle.

Highlights

Listed by Lisa Little , (512) 605-9590 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
2.03

Year Built

1995

County

Burnet

Area

BU

Neighborhood

Swiss Village

School District

BurnetCONSISD

Listing ID

8136931

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Built-In Electric Range
Floor:Tile
Other:Quartz Counters
Other:Well,Municipal Utility District

Exterior Features

Lot:Irregular Lot,Private,Many Trees,Views
Roof:Composition
Others:Boat Slip,Dock,Resale
Sewer:Aerobic Septic,Municipal Utility District
Parking Features:Asphalt
Principal Interest
$3,515
Taxes
$909

Home Price

$700,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$140,000
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:
$3,515.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,515.31 $908.58 $0.00 $4,423.89
Yearly $42,183.71 $10,902.95 $0.00 $53,086.66
Total $1,265,511.32 $327,088.50 $0.00 $1,592,599.82

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.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

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

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