603 Waterway Lane
Burnet, TX 78611
2
Bed
2
Bath
1,112Sqft
2.03Acres(Lot)
Rare income-producing waterfront estate on Lake Buchanan! Situated on 2.03 unconstrained acres with 213 feet of shoreline located directly at year-round deep water, this prime Hill Country property offers the ultimate combination of immediate lakefront living, cash-flow potential, and custom development flexibility. It is conveniently located just 90 minutes from Austin and 20 minutes from Marble Falls. The property features a charming 1-bedroom main house plus a separate studio casita equipped with a kitchenette and full bath, offering 1,112 total square feet. It is short-term rental ready with a proven track record. Live in one unit and rent the other, operate both as a dual-unit getaway, or keep the entire compound as your private weekend retreat. A detached two-car garage provides ide
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
CompositionFlooring Information
Tile -
Interior Features
CeilingFans, EatInKitchen, QuartzCounters, RecessedLightingRoof: CompositionAppliances: BuiltInElectricRangeLaundry Features: Inside -
Heating & Cooling
Heating: Central Has Cooling: Yes Water front: 1
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Building Information
Year Built: 1995Construction Materials: WoodSidingStories: 1Pool Features: NonePrivate Pool: NoWater front Features: LakeFront,WaterfrontView: Hills, Lake, TreesWoods, WaterAssociation Fee Frequency: Annually -
Exterior Features
Exterior Features: ExteriorSteps, Lighting, OutdoorGrill
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Lot Information
Main Square Feet: 2.03 Lot Size Acres: 2.03 Lot Description: IrregularLot,Private,ManyTrees,ViewsProperty Information
Subdivision: Swiss Village Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: North Levels: One Property Age: 31
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Listing Price Information
Listing Price: $700000Cash, Conventional
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Tax Information
Parcel Number: 43235 Tax Lot: 3C Tax Year: 2025 Annual Tax: $10902.95 Tax Legal Desc: S8250 SWISS VILLAGE LOT 3C 2.04
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Virtual Tour
Parking Information
Asphalt, DoorSingle, Detached, Garage, GarageDoorOpenerGarage Information
Garage Space: 2Homeowners Association Information
Has Association: YesHOA: $400.00Community Features: None
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School Information
Elementary School: Burnet Junior High School: Burnet (Burnet ISD) Senior High School: Burnet -
Utility Information
ElectricityConnected, WaterConnected -
Location Information
Direction: From State Hwy 29, Go north on FM 2341, Left on Ed Low Dr, Left on Waterway Ln, House is on the left. WaterSource: Well, MunicipalUtilityDistrict
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 | 3.46 Acres |
| 1283 Rattlesnake Trail, Burnet, TX, 78611 | $1,399,000 | 3 | 3 | 2,153 | 49.58 Acres |
| 201 Brothers Lane, Burnet, TX, 78611 | $1,129,500 | 4 | 4 | 3,191 | 6 Acres |
| 104 Riparian Elm Road, Burnet, TX, 78611 | $187,500 | -- | -- | 1,880 | 3.07 Acres |
| 2140 Carpenter Loop, Burnet, TX, 78611 | $870,000 | 3 | 3 | 2,131 | 10 Acres |
| 2140 Carpenter Loop, Burnet, TX, 78611 | $870,000 | 3 | 3 | 2,131 | -- |
| 111 Marissa Circle, Burnet, TX, 78611 | $1,400,000 | 3 | 4 | 3,464 | 10 Acres |
| 450 Cr 204, Burnet, TX, 78611 | $699,900 | 3 | 3 | 2,162 | 21.77 Acres |
| 404 First Down Dash, Burnet, TX, 78611 | $670,000 | 3 | 3 | 2,365 | 1.12 Acres |
| 1500 Greer Lane, Burnet, TX, 78611 | $1,875,000 | 6 | 4 | 5,354 | 12.10 Acres |
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ByOwner last updated this listing 09/17/2026 @ 03:47
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