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.OWNER/AGENT
For sale
Price cut: $5K (8/26)
$1,540,000
517 WATERWAY LANE, Burnet, TX 78611
2beds
2,524sqft
Single Family Residence, Residential
Built in 1989
1.38 Acres Lot
$-- Zestimate®
$610/sqft
$8/mo HOA
What's special
Breathtaking waterfront settingsImmaculate one-story lake homeAbundant natural lightExpansive vacation deckThoughtfully designed low-maintenance landscapingInviting open feelSoaring ceilings
- 32 days
- 205
- 4
Zillow last checked:
Listing updated:
Listed by:
KAREN RUZICKA 512-633-8587,
Ruzicka Real Estate
Source: HLMLS as distributed by MLS GRID,MLS#: 178889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Washer Hookup, Electric Water Heater
Features
- Breakfast Bar, Pantry
- Flooring: Stained Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,524
- Total interior livable area: 2,524 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- On waterfront: Yes
- Waterfront features: Open Water, Lake Buchanan West
- Frontage length: 338
Lot
- Size: 1.38 Acres
- Dimensions: 338 x 1
Details
- Parcel number: 044926
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Vanishing Texas
HOA
- Has HOA: Yes
- HOA fee: $100 annually
Location
- Region: Burnet
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $991,001
- Date on market: 7/28/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $1,535,000-0.3%$608/sqft |
Source: | ||
| 8/13/2026 | Price change | $1,540,000-3.1%$610/sqft |
Source: | ||
| 7/28/2026 | Listed for sale | $1,590,000$630/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $991,001 |
| 2024 | $12,945 -0.3% | $991,001 |
| 2023 | $12,978 -5.7% | $991,001 +8.3% |
| 2022 | $13,761 +20.1% | $915,008 +24.2% |
| 2021 | $11,460 | $736,515 +6.3% |
| 2020 | -- | $692,831 +0.1% |
| 2019 | $11,602 | $692,233 +57.4% |
| 2017 | -- | $439,897 +7.5% |
| 2016 | -- | $409,031 |
| 2015 | -- | $409,031 -4.7% |
| 2014 | -- | $429,177 -12.2% |
| 2012 | -- | $488,819 |
| 2011 | -- | $488,819 |
| 2010 | -- | $488,819 |
| 2009 | -- | $488,819 |
| 2008 | -- | $488,819 +1.7% |
| 2007 | -- | $480,695 |
Find assessor info on the county website
Monthly payment
Est. payment





