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ActiveMLS #7528792

1225 Waterway LN, Burnet TX 78611

Burnet, TX 78611 · Swiss Village

Single Family Residence for sale in Swiss Village

3Bedrooms
3Bathrooms
3,207Square Ft
1.24Acres
2Garage
1985Year Built
Price Reduced
1 / 40
$1,399,900$1,499,900
3D tour

Overview

Property Description

Sold FULLY FURNISHED if desired! Extraordinary waterfront retreat on Lake Buchanan featuring panoramic open-water views, massive elevated entertaining decks, mature shade trees, private boat dock, and a proven Airbnb rental history with nearly 40 five-star reviews. This turnkey lakefront property blends rustic Hill Country charm with exceptional indoor-outdoor living, creating an unforgettable destination for both owners and guests. The split-level main house features 2 bedrooms, 2 en-suite baths, a loft space, over-sized kitchen with gas cooktop, island, and granite countertops, a dining area with 180-degree lake views and a stone fireplace. The living space opens onto the large deck ideal for indoor/outdoor entertaining. The guesthouse across the street sits above an oversized 3 car garage that is currently being used as a game room for the short-term rental. The guesthouse has its own private entrance and includes a large living space with hill-top lake views, 1 bedroom, 1 bath, and kitchen. The guesthouse has proven long-term rental history but may also be used as additional living space for the short-term rental. The home sits on 1.24 acres with approximately 285 feet of direct water access to a deep-water cove. Water remained in the cove even in the most recent low lake levels in Summer of 2023. The floating dock and rolling stairs allow for fluctuating water levels. Next to the home is a unique dome with around 800 square feet of storage space, with endless opportunities for additional one-of-a-kind living space! There is also an additional undeveloped portion of the property that offers added privacy and potential to place an RV or two, with lake views. This property is a rare find on Lake Buchanan! Virtual tour link available on MLS.

Financial Info
Price
$1,399,900
$ / Sqft
$437
HOA
Yes - Mandatory / $400 / Annually
HOA Name
Swiss Village
HOA Includes
See Remarks
Tax Rate
1.556%
Est. Taxes
$10,720
Tax Year
2021
Exemptions
None
Legal Info
Address
1225 Waterway LN
County
Burnet
City
Burnet
State
TX
Zip
78611
Subdivision
Swiss Village
Legal Description
S8250 SWISS VILLAGE LOT 78, PTS OF 79 & 80, E 1/2 OF 75, 76, 77 & 111
Parcel
08250000000078000
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
1
Kitchen
Kitchen Island
Appliances
Dishwasher, Disposal, Electric Cooktop, Gas Range, Microwave, Double Oven, Refrigerator, Trash Compactor
Laundry
Main Level
Master Bed
Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Ceiling Fan(s), High Ceilings, Electric Dryer Hookup, Interior Steps, Kitchen Island, Storage, Walk-In Closet(s), Washer Hookup, None
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1985 / Resale
Square Feet
3,207 / Multiple Dwelling
Garages
2
Garage Desc
Detached
Foundation
Pillar/Post/Pier, Slab
Roof
Metal
Construction
Adobe, Wood Siding, Stone
Acres
1.24
Lot Description
Bluff, Sloped Down, Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country, Lake, Panoramic
Water Access
Yes
Waterfront
Yes
Area
BU
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Propane
Heat
Propane
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Boat Dock - Private, Boat Lift, Gutters Full, Covered, Deck
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$100,000 (−6.7%)
$1,499,900 → $1,399,900
1
Price reduction
Active
Since May 29, 2026
Price trend
List priceMay 2026Jul 2026
Property history2 events
DateEventPriceChange
Jul 10, 2026Price Decrease$1,399,900−$100,000 (−6.7%)
May 29, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
BurnetCONSISD
Elementary
RJ Richey
Middle
Burnet (Burnet ISD)
High
Burnet

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,399,900
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$9,139 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $9,139

Principal & interest
$7,079
Property taxes
$893
Homeowners insurance
$1,167

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,119,920$12,518$72,426$1,107,402
2$1,107,402$13,356$71,588$1,094,046
3$1,094,046$14,250$70,693$1,079,796
4$1,079,796$15,205$69,739$1,064,591
5$1,064,591$16,223$68,721$1,048,368
6$1,048,368$17,310$67,634$1,031,058
7$1,031,058$18,469$66,475$1,012,590
8$1,012,590$19,706$65,238$992,884
9$992,884$21,025$63,918$971,858
10$971,858$22,434$62,510$949,425
  • Year 1$1,107,402
    Principal paid
    $12,518
    Interest paid
    $72,426
    Starting balance
    $1,119,920
  • Year 2$1,094,046
    Principal paid
    $13,356
    Interest paid
    $71,588
    Starting balance
    $1,107,402
  • Year 3$1,079,796
    Principal paid
    $14,250
    Interest paid
    $70,693
    Starting balance
    $1,094,046
  • Year 4$1,064,591
    Principal paid
    $15,205
    Interest paid
    $69,739
    Starting balance
    $1,079,796
  • Year 5$1,048,368
    Principal paid
    $16,223
    Interest paid
    $68,721
    Starting balance
    $1,064,591
  • Year 6$1,031,058
    Principal paid
    $17,310
    Interest paid
    $67,634
    Starting balance
    $1,048,368
  • Year 7$1,012,590
    Principal paid
    $18,469
    Interest paid
    $66,475
    Starting balance
    $1,031,058
  • Year 8$992,884
    Principal paid
    $19,706
    Interest paid
    $65,238
    Starting balance
    $1,012,590
  • Year 9$971,858
    Principal paid
    $21,025
    Interest paid
    $63,918
    Starting balance
    $992,884
  • Year 10$949,425
    Principal paid
    $22,434
    Interest paid
    $62,510
    Starting balance
    $971,858
First 10 of 30 years

Nearby

Courtesy of Listing Results, LLC · (817) 283-5134

Listings courtesy of ACTRIS as distributed by MLS GRID.