Burnet, TX 78611 (Burnet County)
About this property
Lake Buchanan Waterfront Retreat | 2.038 Acres | 213 Feet of Waterfront Rare opportunity to own a private waterfront retreat on Lake Buchanan with 213 feet of shoreline and over two acres in a gated hillside community. Perched above the lake, this unique property offers panoramic water views, exceptional privacy, and a versatile layout ideal for full-time living, weekend getaways, or income-producing opportunities. The property features three separate structures, including a charming main residence with a full kitchen, living area, private bedroom, and full bath, as well as a detached studio apartment complete with its own full bath and climate control. A separate two-car garage provides ample storage for vehicles, lake toys, and outdoor equipment. With a combined 1,112 square feet of living space, private well and septic systems, and plenty of room to expand, the possibilities are endless. Live in one residence while hosting guests in the other, create a private family compound, or explore short-term rental potential. Enjoy breathtaking sunsets from the expansive deck, easy access to the water, and the peace of mind that comes with an elevated setting above the lake. Whether you're seeking a serene escape, an investment opportunity, or a place to create lasting memories, this Lake Buchanan property offers a truly special waterfront lifestyle.
Property details
Location
About the Area
603 Waterway Ln is located in Burnet, Texas, in Burnet County. Burnet County sits in the heart of the Highland Lakes region, anchored by the city of Burnet, the Bluebonnet Capital of Texas, and Lake Buchanan, the largest of the Highland Lakes chain. The county blends working ranch land with lakefront recreation in a landscape that has drawn Texans for generations.
The Colorado River was dammed in the 1930s to create the Highland Lakes chain, and Lake Buchanan and Inks Lake both lie within Burnet County. The terrain transitions from the granite-topped Central Mineral Region in the west to limestone hills in the east, with the Colorado River canyon cutting through dramatic bluffs.
Burnet had an estimated population of 6,630 as of 2023. The 78611 zip code has a median household income of $78,243, a median home value of $291,400, and a median age of 48.6. The average household size is 2.46 people.
Lake tourism, retirement communities, granite quarrying, ranching, and small-scale agriculture drive the Burnet County economy. The county is experiencing significant growth as Austin-area buyers seek lakefront properties and acreage within a 90-minute drive of the city.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Compass RE Texas, LLC.