1225 Waterway LN, Burnet TX 78611
Burnet, TX 78611 · Swiss Village
Single Family Residence for sale in Swiss Village
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
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 10, 2026 | Price Decrease | $1,399,900−$100,000 (−6.7%) | −$100,000 (−6.7%) |
| May 29, 2026 | New Listing | — |
Taxes
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
Courtesy of Listing Results, LLC · (817) 283-5134
Listings courtesy of ACTRIS as distributed by MLS GRID.