$1,299,000
Beds: 2
Baths: 2
Sqft: 2,524
Sqft lot: 60,461
Acre lot: 1.39
99 Days On Market

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Property listed by Ruzicka Real Estate 512-266-9995 (512) 266-9995

Status: Active
Property Type: Singlefamilyresidence
Year Built: 1989
Neighborhood: Vanishing Texas
Days On Website: 99

Property Details for 517 Waterway Lane, 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

Appliances & Equipment

  • BarFridge
  • Dishwasher
  • ElectricOven
  • Disposal
  • Microwave

Bathrooms

  • 2 total bathrooms
  • 2 full bathrooms

Bedrooms

  • 2 total bedrooms
  • 2 main level bedrooms

Building

  • Built in 1989
  • Living area: 2524.0
  • Building faces South
  • Levels: One
  • Construction Materials: Stucco

Community

  • None

Disclosures

  • SellerDisclosure

Accessibility Features

  • None

Exterior Features

  • BoatRamp
  • Dock
  • ExteriorSteps
  • PrivateEntrance
  • PrivateYard
  • RvHookup

Fence

  • FrontYard
  • Partial

Floors

  • Concrete
  • Tile

Foundation

  • Slab

Garage

  • 7 spaces

Heating

  • Electric

Home Owner's Association

  • Association Fee: $100
  • Fee Frequency: Annually
  • Fee Includes: SeeRemarks

Interior Features

  • BreakfastBar
  • DoubleVanity
  • EntranceFoyer
  • EatInKitchen
  • FrenchDoorsAtriumDoors
  • MainLevelPrimary
  • NoInteriorSteps
  • OpenFloorplan
  • Pantry
  • Storage
  • WalkInClosets

Laundry

  • MainLevel
  • WasherHookup
  • ElectricDryerHookup

Listing

  • Listing ID: 9033654
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: SingleFamilyResidence
  • On market as of 2026-07-28
  • 83 days on market
  • Special Conditions: Standard

Location

  • Subdivision: Vanishing Texas
  • MLS Area (Major): BU
  • County/Parish: Burnet

Lot

  • 1.388 acres
  • Cleared
  • FrontYard
  • GentleSloping
  • Level
  • OpenLot
  • Private
  • TreesMediumSize
  • Views

Parking

  • 7 covered spaces
  • Boat
  • Covered
  • Driveway
  • Detached
  • Enclosed
  • Gated
  • Outside
  • Oversized
  • SideBySide
  • Storage

Pool

  • None

Possession

  • ClosingAndFunding
  • CloseOfEscrow

Property

  • Resale
  • Hills
  • Lake
  • Water

Roof

  • Metal

Schools

  • Elementary School: Shady Grove
  • Elementary School District: BurnetCONSISD
  • Middle School: Burnet (Burnet ISD)
  • Middle School District: BurnetCONSISD
  • High School: Burnet
  • High School District: BurnetCONSISD

Sewer

  • SepticTank

Taxes

  • Parcel Number: 44926
  • Annual Amount: $12,594.2
  • Assessed Value: $991,001
  • Legal Description: S8455 VANISHING TEXAS LOT 8 SEC 2 & .052 AC
  • Lot: 8
  • Year: 2026

Utilities

  • ElectricityAvailable
  • ElectricityConnected
  • WaterAvailable
  • WaterConnected
  • Water Source: Cistern, Well

Water Features

  • Water Body Name: Lake Buchanan
  • LakeFront
  • LakePrivileges
  • Waterfront
  • BoatRampLiftAccess

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$1,299,000 - 517 Waterway Lane, Burnet, TX 78611

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517 Waterway Lane
Burnet, TX 78611
Subdivision: Vanishing Texas