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589 Waterway Ln, Burnet, TX, 78611

$265,000

1.25 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontWaterfront
ViewHills, Lake, Panoramic, Water
MLS #3315977
Lot Size1.25 Acres
StatusActive

About 589 Waterway Ln

Embrace the beauty of lakefront living with this exceptional 1.25-acre lot, boasting an expansive 190 feet of prime Lake Buchanan shoreline! This rare waterfront find offers sweeping lake and Hill Country views, and even during major droughts, there is always plenty of beautiful waterfront to enjoy. Nestled in the charming Swiss Village neighborhood, this is a slice of paradise conveniently located within reach of Austin and several other major cities. Lake Buchanan, one of Texas’s largest and most stunning lakes, offers a lifestyle filled with endless relaxation and outdoor adventures. Perfect for water sports enthusiasts, it’s ideal for boating, kayaking, fishing, and swimming. The popular Spider Mountain Bike Park is also just 7 miles from the property. Boats docks and short term rentals are allowed, making this an ideal choice for vacation or rental income potential. An adjoining waterfront lot is also available to purchase, offering you even more space to create your dream retreat. There is also potential for seller financing of about $135,000 of the purchase price. Waterfront properties of this quality are becoming increasingly rare in the Austin area. Act quickly to take advantage of this one-of-a-kind opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: Park One Realty
  • Office Phone: (512) 522-5895
  • Listing Agent: Shay Wright

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Hills, Lake, Panoramic, Water

Lot Features

Lot Information:

  • Lot: Trees, Views
  • Lot Size: 1.25 Acres

School Info

Assigned Schools Information:

  • Burnet High School, Public District Grades 9-12
  • Burnet Middle School, Public District Grades 6-8
  • R. J. Richey Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Head west on Hwy 29 from Burnet. Turn right onto Ranch Rd 2341. Turn left onto Ed Low Dr. Turn left onto Waterway Ln. It is the first cleared waterfront lot you come to on Waterway Ln with the white limestone blocks along the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000

HOA Fees:

  • Amount: $400
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Burnet, TX.

Med. Sold Price

$359.9K

Med. Price/SqFt

$225

Avg. Days On Market

83

# of Sold Homes

11

589 Waterway Ln vs Burnet

7 DAYS ON ROCKET

-76 Days

$265,000

-$94.9K Less

KEY TAKEAWAY

This property is $94.9K less than the Median Sold Price in Burnet, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3315977

Listing Office:

  • Office Name: Park One Realty
  • Office Phone: (512) 522-5895
  • Listing Agent: Shay Wright

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/2/2024, 3:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,423

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-340165
2
/10
  • R. J. Richey Elementary School

  • 500 E Graves St

  • 13.28 miles

  • Public District Grades 3-5

Middle School

school-card-donut-340166
4
/10
  • Burnet Middle School

  • 1401 N Main St

  • 12.92 miles

  • Public District Grades 6-8

High School

school-card-donut-340167
4
/10
  • Burnet High School

  • 1000 The Green Mile Rd

  • 12.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,977. Most Burnet, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 589 Waterway Ln

What is the listing price of this property?

The listing price of 589 Waterway Ln property is $265,000.

What type of property is this?

The property 589 Waterway Ln is land located in Burnet, Texas, 78611.

Is this property for sale now?

Active Listing: 589 Waterway Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 589 Waterway Ln are:
R. J. Richey Elementary School: GreatSchools Rating 2/10
Burnet Middle School: GreatSchools Rating 4/10
Burnet High School: GreatSchools Rating 4/10

How much acreage is this property?

The property 589 Waterway Ln is 1.25 acres.
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Rocket HomesTexasBurnet CountyBurnet78611589 Waterway Ln

This home is located at 589 Waterway Ln in Burnet, TX and zip code 78611 in the Swiss Village neighborhood. This home sits on a 1.25 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $265,000.

Over 0 listings were sold over their listed price in October 2024 in Burnet, TX. In the same period over 8 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Burnet, TX increased by 18.3% between September 2024 and October 2024. In October 2024, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $359,950.

From Rocket Homes Real Estate and based on county public records data.

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