Date
Details
Price
Change
Source
6/03/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$700,000
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Property Description
Lake Buchanan Waterfront Retreat | 2.038 Acres | 213 Feet of Waterfront Rare opportunity to own a private waterfront retreat on Lake Buchanan with 213 feet of shoreline and over two acres in a gated hillside community. Perched above the lake, this unique property offers panoramic water views, exceptional privacy, and a versatile layout ideal for full-time living, weekend getaways, or income-producing opportunities. The property features three separate structures, including a charming main residence with a full kitchen, living area, private bedroom, and full bath, as well as a detached studio apartment complete with its own full bath and climate control. A separate two-car garage provides ample storage for vehicles, lake toys, and outdoor equipment. With a combined 1,112 square feet of living space, private well and septic systems, and plenty of room to expand, the possibilities are endless. Live in one residence while hosting guests in the other, create a private family compound, or explore short-term rental potential. Enjoy breathtaking sunsets from the expansive deck, easy access to the water, and the peace of mind that comes with an elevated setting above the lake. Whether you're seeking a serene escape, an investment opportunity, or a place to create lasting memories, this Lake Buchanan property offers a truly special waterfront lifestyle.
Full Property Details
Full Property Details for 603 Waterway Ln
General
- Price: $700,000
- Taxes: $10,902 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8136931
- Updated: 6/3/2026
- Added to Site: 39 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, Municipal Utility District
- Water: Well, Municipal Utility District
- 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
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: S8250 SWISS VILLAGE LOT 3C 2.04
- Property ID: 43235
- Lot Number: 3C
Listed by Compass RE Texas, LLC
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Listing agent
— 603 Waterway Ln —
Compass RE Texas, LLC
(512) 605-9590
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 603 Waterway Ln
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 13.3 mi |
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 603 Waterway Ln
Tax History
Tax History for 603 Waterway Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,903
-2%
$850,000
—
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
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603 Waterway Lane, Burnet, TX 78611 (MLS# 8136931) is a Single Family property with 2 bedrooms and 2 full bathrooms. 603 Waterway Lane is currently listed for $700,000 and was received on June 03, 2026. 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.