1225 Waterway Lane

Burnet, TX 78611
$1,399,900
3,207 sqft
3 beds
3 baths

Description

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.

Property Type: Residential - Single Family Residence
MLS Status: Active
MLS: 7528792
Year Built: 1985
County: Burnet
Tract or Division: Swiss Village
List Date: 05/30/2026
Area: BU
Square Feet: 3,207
Total Beds: 3
Full Baths: 3
Half Baths: 0
Acres: 1.24
Lot Size (sqft): 54,014

800.451.8055

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Interior Features

 
Appliances:
  • DoubleOven
  • Dishwasher
  • ElectricCooktop
  • Disposal
  • GasRange
  • Microwave
  • Refrigerator
  • TrashCompactor

Additional Property Details

 
Listing Agent: Jack McLemore
Broker: Listing Results, LLC
Listed by: Jack McLemore, Listing Results, LLC
Phone: 817.283.5134

Location

Schools

School Name Grades Admission
R.J. Richey Elementary School 3 - 5 Regular
Shady Grove Elementary School PK - 2 Regular
Burnet Middle School 6 - 8 Regular
Burnet High School 9 - 12 Regular
4 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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