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3 Beds
3 Baths
3,207 sqft

$1,399,900

1225 Waterway LN, Burnet TX, 78611

Price per sqft$436.51
Built in1985
Property size3,207 sqft
Property typeResidential
Courtesy of Listing Results, LLC, Jack McLemore Listing Contact: (817) 283-5134

Overview

Active

Listed May 29, 2026

Updated Jul 11

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.

$9,314/mo

Est. mortgage payment based on a $1,399,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7528792

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.24 Acres

Other Property Details

Taxes
$10,720
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes
Waterfront
Yes
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Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:09 AM UTC on 7/11/2026. 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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