517 Waterway Lane
- $1,450,000 REDUCED
- 2 Beds, 2 Bath, 2524 SQ. Feet, 1.39 Acres Residential Burnet, TX 78611
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 includes its own private boat dock and boat ramp, making it easy to spend your days boating, fishing, kayaking, or simply enjoying the lake. A large metal building provides excellent storage, workshop space, and room for recreational equipment, while the spacious front lawn offers abundant parking for family and guests. The grounds are beautifully enhanced with impressive custom stonework, including elegant planters, staircases, and thoughtfully designed low-maintenance landscaping that complements the natural surroundings. Towering trees, native wildlife, and the serene beauty of the Texas Hill Country create an atmosphere that feels worlds away from everyday life. Whether you're searching for a full-time residence, a weekend escape, or a family retreat, this remarkable waterfront property offers a lifestyle of tranquility, recreation, and unforgettable beauty. It's more than a lake house ~ it's a destination where every day feels like a vacation. owner/agent
Essential Information
- MLS® #9033654
- Price$1,450,000
- Bedrooms2
- Bathrooms2.00
- Full Baths2
- Square Footage2,524
- Acres1.39
- Year Built1989
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address517 Waterway Lane
- SubdivisionVanishing Texas
- CityBurnet
- CountyBurnet
- StateTX
- Zip Code78611
Amenities
- FeaturesNone
- # of Garages7
- ViewHills, Lake, Water
- Is WaterfrontYes
Utilities
Electricity Available, Electricity Connected, Water Available, Water Connected
Parking
Driveway, Boat, Covered, Detached, Enclosed, Gated, Outside, Oversized, Side By Side, Storage
Waterfront
Boat Ramp/Lift Access, Lake Front, Lake Privileges, Waterfront
Interior
- InteriorTile, Concrete
- HeatingElectric
- CoolingCentral Air
- # of Stories1
- StoriesOne
Interior Features
Breakfast Bar, Double Vanity, Entrance Foyer, Eat-in Kitchen, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Storage, Walk-In Closet(s), French Door(s)/Atrium Door(s)
Appliances
Dishwasher, Electric Oven, Disposal, Microwave, Bar Fridge
Exterior
- WindowsBlinds
- RoofMetal
- ConstructionStucco
- FoundationSlab
Exterior Features
Private Yard, Boat Ramp, Dock, Exterior Steps, Private Entrance, RV Hookup
Lot Description
Gentle Sloping, Level, Trees Medium Size, Views, Cleared, Front Yard, Open Lot, Private
School Information
- DistrictBurnetCONSISD
- ElementaryShady Grove
- MiddleBurnet (Burnet ISD)
- HighBurnet
Map & Directions
View in Google MapsPrice Change History for 517 Waterway Lane, Burnet, TX (MLS® #9033654)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $1,450,000 | $49,000 (3.27%) | |
| Price Reduced | $1,499,000 | $36,000 (2.35%) | |
| Price Reduced | $1,535,000 | $5,000 (0.32%) | |
| Price Reduced (from $1,590,000) | $1,540,000 | $50,000 (3.14%) |
Property Listed by: Ruzicka Real Estate
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 11th, 2026 at 3:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.