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
Features of 517 Waterway Ln
MLS® #
9033654
Price
$1,535,000
Bedrooms
2
Bathrooms
2.00
Full Baths
2
Square Footage
2,524
Acres
1.39
Year Built
1989
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Hills,Lake,Water,Lake Buchanan
Is Waterfront
Yes
Water Body
Lake Buchanan
Community Information: Burnet
Address
517 Waterway Ln
Area
BU
Subdivision
Vanishing Texas
City
Burnet
County
Burnet
State
TX
Zip Code
78611
Amenities of 517 Waterway Ln
Utilities
Electricity Available, Electricity Connected, Water Available, Water Connected
Features
None
Parking
Driveway, Boat, Covered, Detached, Enclosed, Gated, Outside, Oversized, Side By Side, Storage
# of Garages
7
Interior of 517 Waterway Ln
Interior
Concrete, Tile
Appliances
Dishwasher, Electric Oven, Disposal, Microwave, Bar Fridge
Front Yard, Gentle Sloping, Level, Private, Trees Medium Size, Cleared, Open Lot, Views
Roof
Metal
Construction
Stucco
Foundation
Slab
School Information
District
BurnetCONSISD
Elementary
Shady Grove
Middle
Burnet (Burnet ISD)
High
Burnet
Additional Information On 517 Waterway Ln
Days on Market
55
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
100
HOA Fees Freq.
Annually
Gated Community
No
Property History
Price Reduced from $1,540,000 to $1,535,000
Price Reduced from $1,590,000 to $1,540,000
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. Listing Data Provided By: Ruzicka Real Estate(512) 266-9995. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 12:46pm 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.
