Skip main navigation
Active
    • $700,000

    603 Waterway Ln, Burnet, TX 78611

    2beds
    1,112sqft
    : 
    $4,764/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    2.03 Acres Lot
    $-- Zestimate®
    $629/sqft
    $-- HOA

    What's special

    Perched above the lakeFull kitchenCharming main residenceSeparate two-car garageExpansive deckPrivate bedroomDetached studio apartment
    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.
    52 days
    |
    287
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Little (512) 605-9590,

    Compass RE Texas, LLC (512) 575-3644

    Source: Unlock MLS,MLS#: 8136931MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Electric Range
      Features
      • Quartz Counters
      • Flooring: Tile
      • Windows: Double Pane Windows
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Gas Log
      Interior area
      • Total interior livable area: 1,112 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Asphalt
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Boat Dock - Private, Boat Slip
      • Pool features: None
      • Fencing: Split Rail
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Lake Front, Waterfront
      • Body of water: Lake Buchanan
      Lot
      • Size: 2.03 Acres
      • Features: Irregular Lot, Private, Many Trees, Views
      Details
      • Additional structures: Garage(s), Guest House
      • Parcel number: 43235
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Well
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Swiss Village
      HOA
      • Has HOA: No
      Location
      • Region: Burnet

      Financial & listing details

      • Price per square foot: $629/sqft
      • Tax assessed value: $850,000
      • Annual tax amount: $10,902
      • Date on market: 6/3/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/3/2026Listed for sale$700,000+0%$629/sqft
        Source: Unlock MLS #8136931 Report a problem
        5/27/2026Listing removed$699,714$629/sqft
        Source: Unlock MLS #6402748 Report a problem
        4/15/2026Price change$699,714-6.2%$629/sqft
        Source: Unlock MLS #6402748 Report a problem
        3/23/2026Price change$745,714-0.7%$671/sqft
        Source: Unlock MLS #6402748 Report a problem
        3/12/2026Price change$751,114-7.4%$675/sqft
        Source: Unlock MLS #6402748 Report a problem
        11/28/2025Listed for sale$811,140$729/sqft
        Source: Unlock MLS #6402748 Report a problem
        12/6/2017Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $850,000
        2024$11,104 -0.3%$850,000 -29%
        2023$11,132 +4.4%$1,197,226 +68.8%
        2022$10,664 +62.9%$709,057 +68.5%
        2021$6,547 $420,777
        2020-- $420,777 +32.6%
        2019$5,318 $317,284 +50%
        2017-- $211,523 +3%
        2016-- $205,428
        2015-- $205,428 -3.4%
        2014-- $212,705 -7.7%
        2012-- $230,431
        2011-- $230,431
        2010-- $230,431 +3.5%
        2009-- $222,631 +13.2%
        2008-- $196,715 +66%
        2007-- $118,516
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 78611

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Burnet
        • Middle: Burnet (Burnet ISD)
        • High: Burnet
        • District: BurnetCONSISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Burnet Topics

                Search
                Updates
                Favorites
                Plan
                Inbox