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Burnet · Swiss Village

$1,399,900 58 days on market

Reduced from $1,499,900 · −6.7%

1225 Waterway Ln, Burnet, TX 78611

  • 3bedrooms
  • 3bathrooms
  • 3,207sqft
  • 1.2acres
  • 1985year built

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.

Property

Type
Single Family Residence
Levels
Multi/Split
Year built
1985
Lot size
1.24 acres
Subdivision
Swiss Village
MLS #
ACT7528792

Inside

Bedrooms
3
Bathrooms
3
Living area
3,207 sqft
Fireplaces
1

Outside / parking

Garage spaces
2
Waterfront
Yes

Schools

Elementary
RJ Richey
High school
Burnet
District
BurnetCONSISD

Costs

HOA
$400 / annually
Est. annual taxes
$10,720 (2021)

Listing

First listed
May 29, 2026
Days listed
58
Original price
$1,499,900
Status
Active

Listed by Jack McLemore, Listing Results, LLC · [email protected] · MLS# ACT7528792 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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