
3 bed, 3 bath, 3,207 sqft on 1.24 acres in Swiss Village. Burnet, TX 78611. $1,399,900. BurnetCONSISD.
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.
Verified property facts
1225 Waterway LN is listed at $1,399,900 with 3 bedrooms, 3 full bathrooms, 3,207 square feet, 1.24-acre lot. This places it above the ZIP 78611 single-family closed-sale median price of $314,830 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
1225 Waterway LN is zoned for BurnetCONSISD with assigned schools: RJ Richey (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
1225 Waterway LN is a Residential built in 1985 featuring 3 bedrooms, 3 full bathrooms, 3,207 square feet, 1.24-acre lot.
1225 Waterway LN is listed by Listing Results, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 1225 Waterway LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.

BurnetCONSISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($280K)
Adjustable assumption - not a lending recommendation.
$1,399,900
Luxury property intelligence
A sourced read on Swiss Village pricing, timing, and property scale. No automated valuation claim.
List price
$1,399,900
Price per sqft
$437/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
119 days
Original to current
$100K reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 1225 Waterway LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 1225 Waterway LN is offered at $1,399,900. The current MLS snapshot shows 165 active listings in 78611. Keenan Group has completed 1 verified transactions in 78611 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1225 Waterway LN was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 1225 Waterway LN as waterfront. The reported waterfront feature is Lake Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $400 annual for 1225 Waterway LN. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$1,399,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 115 Bumpy Ridge Rd | $840K |
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Swiss Village
Active listings near 1225 Waterway LN
Recent sales for market context