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$811,140
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Property Description
Lake Buchanan Waterfront - Three-Building Retreat, Owner-Listed Embrace true lakefront living on 2.038 acres with three versatile buildings and 213 feet of private waterfront. Conveniently situated near Burnet, Tow, and Buchanan Lake Village-enjoy scenic views, privacy, and unlimited potential. **Property Highlights** - Main Home: 1 bedroom, 1 full bath, comfortable living space with electric air conditioning and heat for year-round comfort. - Studio Apartment: Spacious open-concept unit, full bath, electric air and heat-ideal for rental, guests, or a home office. - Detached Two-Car Garage: Perfect for vehicles, water toys, or storage. - Total indoor living space: 1,112 sq ft (not including garage or deck). - Private utilities: Well and septic system-no city water fees, lower monthly utility costs, and self-sufficiency. - Over 2 acres to expand - Live in one, rent out the other-generate income or accommodate guests and family. - Direct lakefront access with incredible sunset views, extensive waterfront, and large deck for entertaining and relaxing. **Financial Details** - City assessed at $850,000- asking $811,140 - No realtors-direct owner sale. - Motivated to close before December 31, 2025
Full Property Details
Full Property Details for 603 Waterway Ln
General
- Price: $811,140
- Taxes: $10,902 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6402748
- Updated: 11/28/2025
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Quartz Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log
- Appliances: Built-In Electric Range
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Boat Slip, Dock
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt
Location
- Area: BU
- County: Burnet
- Subdivision: Swiss Village
- Driving Directions: From State Hwy 29, Go north on FM 2341, Left on Ed Low Dr, Left on Waterway Ln, House is on the left.
- Direction Faces: North
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Burnet
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Aerobic Septic
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 1,112
- Sq. Ft. Source: Public Records
- Living Area: 1,112 Sq. Ft.
- Year Built: 1995
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s), Guest House
Lot Features
- Property View: Lake, Water
- Lot Size (Acres): 2.03
- Lot Size (Sq. Ft.): 88,426.8
- Fence: Yes
- Lot Features: Irregular Lot, Private, Many Trees, Views
- Fencing (Description): Split Rail
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Assessment Amount: $850,000
- Tax Amount: $10,902.95
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: S8250 SWISS VILLAGE LOT 3C 2.04
- Disclosures/Reports: None
- Property ID: 43235
- Lot Number: 3C
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Schools
Schools serving 603 Waterway Ln
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 12.9 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 13 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 603 Waterway Ln
Date
Details
Price
Change
Source
11/28/2025
Listed
$811,140
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 603 Waterway Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,104
—
$850,000
-29%
2023
$11,132
4%
$1,197,226
69%
2022
$10,664
63%
$709,057
69%
2021
$6,547
-5%
$420,777
—
2020
$6,891
30%
$420,777
33%
2019
$5,318
21%
$317,284
26%
2018
$4,399
—
$252,107
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 603 Waterway Ln
603 Waterway Lane, Burnet, TX 78611 (MLS# 6402748) is a Single Family property with 2 bedrooms and 2 full bathrooms. 603 Waterway Lane is currently listed for $811,140 and was received on November 28, 2025. Want to learn more about 603 Waterway Lane? Do you have questions about finding other Single Family real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.

