Rare income-producing waterfront estate on Lake Buchanan! Situated on 2.03 unconstrained acres with 213 feet of shoreline located directly at year-round deep water, this prime Hill Country property offers the ultimate combination of immediate lakefront living, cash-flow potential, and custom development flexibility. It is conveniently located just 90 minutes from… Read More Austin and 20 minutes from Marble Falls. The property features a charming 1-bedroom main house plus a separate studio casita equipped with a kitchenette and full bath, offering 1,112 total square feet. It is short-term rental ready with a proven track record. Live in one unit and rent the other, operate both as a dual-unit getaway, or keep the entire compound as your private weekend retreat. A detached two-car garage provides ideal storage for boats, jet skis, and lake gear. Enjoy the full lake house lifestyle from day one while designing and permitting your dream luxury primary residence on the elevated upper pad overlooking panoramic water views. The existing residences easily preserve as a completed guest compound or income-producing rental. With broad acreage, low Burnet County tax rates, and year-round deep-water access, 603 Waterway represents one of the most versatile waterfront opportunities on Lake Buchanan. Schedule your private tour today. Read Less
Property listed by Compass RE Texas, LLC 512-575-3644 (512) 605-9590
Listing Snapshot
Days Online
60
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
2
Square Ft.
1,112
Lot Size
2.03 Acres
Year Built
1995
MLS Number
8136931
Additional Details
Building
Built in 1995, Stories: 1, 1,112 sqft living area, Wood Siding, One
Exterior Features
Boat Slip, Dock
Fence
Split Rail
Fireplaces
1 fireplace, Family Room, Gas Log
Floors
Tile
Foundation
Slab
Garage
2 garage spaces
Water Features
Water Body Name: Lake Buchanan, Waterfront, Lake Front, Waterfront
Heating
Central
Interior Features
Quartz Counters
Laundry
Inside
Lot
2.03 acres, Area: 2.03, Irregular Lot, Private, Many Trees, Views
Parking
2 covered spaces, Asphalt
Property
Resale, Lake, Water
Roof
Composition
Sewer
Aerobic Septic, Municipal Utility District
Taxes
Annual Amount: $10,903, Year: 2025
Utilities
Electricity Connected, Water Connected
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