517 Waterway Lane
Burnet, TX 78611
2
Bed
2
Bath
2,524Sqft
1.39Acres(Lot)
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 includ
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Roofing Information
MetalFlooring Information
Concrete, Tile -
Interior Features
BreakfastBar, DoubleVanity, EntranceFoyer, EatInKitchen, FrenchDoorsAtriumDoors, MainLevelPrimary, NoInteriorSteps, OpenFloorplan, Pantry, Storage, WalkInClosetsRoof: MetalAppliances: BarFridge, Dishwasher, ElectricOven, Disposal, MicrowaveLaundry Features: MainLevel, WasherHookup, ElectricDryerHookup -
Heating & Cooling
Heating: Electric Has Cooling: Yes Water front: 1
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Building Information
Year Built: 1989Construction Materials: StuccoStories: 1Pool Features: NonePrivate Pool: NoWater front Features: LakeFront,LakePrivileges,Waterfront,BoatRampLiftAccessView: Hills, Lake, WaterAssociation Fee Frequency: Annually -
Exterior Features
Exterior Features: BoatRamp, Dock, ExteriorSteps, PrivateEntrance, PrivateYard, RvHookup
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Lot Information
Main Square Feet: 1.388 Lot Size Acres: 1.388 Lot Description: Cleared,FrontYard,GentleSloping,Level,OpenLot,Private,TreesMediumSize,ViewsProperty Information
Subdivision: Vanishing Texas Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 37
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Listing Price Information
Listing Price: $1540000Cash, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 44926 Tax Lot: 8 Tax Year: 2026 Annual Tax: $12594.23 Tax Legal Desc: S8455 VANISHING TEXAS LOT 8 SEC 2 & .052 AC
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Virtual Tour
Parking Information
Boat, Covered, Driveway, Detached, Enclosed, Gated, Outside, Oversized, SideBySide, StorageGarage Information
Garage Space: 7Homeowners Association Information
Has Association: YesIncluded Fees: SeeRemarksHOA: $100.00Community Features: None
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School Information
Elementary School: Shady Grove Junior High School: Burnet (Burnet ISD) Senior High School: Burnet -
Utility Information
ElectricityAvailable, ElectricityConnected, WaterAvailable, WaterConnected -
Location Information
Direction: 281 TO HWY 29 * RIGHT ON HWY 2341 * LEFT ON ED LOW DRIVE * LEFT ON WATERWAY LANE * PROPERTY IS AT THE END OF WATERWAY WAY LANE AT GATE ENTRANCE WaterSource: Cistern, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 507 County Road 200d, Burnet, TX, 78611 | $589,000 | 3 | 2 | 1,803 | 1,803 SqFt |
| 1283 Rattlesnake Trail, Burnet, TX, 78611 | $1,399,000 | 3 | 3 | 2,153 | 2,153 SqFt |
| 201 Brothers Lane, Burnet, TX, 78611 | $1,129,500 | 4 | 4 | 3,191 | 3,191 SqFt |
| 113 Jayhawk Ct, Burnet, TX, 78611 | $1,069,000 | 3 | 3 | 2,567 | 2,567 SqFt |
| 104 Riparian Elm Road, Burnet, TX, 78611 | $197,300 | -- | -- | 1,880 | 1,880 SqFt |
| 104 Riparian Elm Road, Burnet, TX, 78611 | $197,300 | -- | -- | 1,880 | 1,880 SqFt |
| 2140 Carpenter Loop, Burnet, TX, 78611 | $870,000 | 3 | 3 | 2,131 | 2,131 SqFt |
| 2140 Carpenter Loop, Burnet, TX, 78611 | $870,000 | 3 | 3 | 2,131 | 2,131 SqFt |
| 111 Marissa Circle, Burnet, TX, 78611 | $1,400,000 | 3 | 4 | 3,464 | 3,464 SqFt |
| 450 Cr 204, Burnet, TX, 78611 | $699,900 | 3 | 3 | 2,162 | 2,162 SqFt |
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ByOwner last updated this listing 08/17/2026 @ 01:11
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