$1,038,000 - $1,347,000
RENTED MAY 12, 2025

1225 Waterway Ln Unit A Burnet, TX 78611

1 Bed
1 Bath
835 Sq Ft
$1,370 Price per Sq Ft

About This Home

This home is a charming cottage with gorgeous panoramic views of Lake Buchanan! It comes fully furnished and has a spacious living/dining area with space to sleep up to 2 guests. The bathroom has recently been renovated. All appliances including electric range, microwave, and refrigerator are included. All utilities including well water, septic, electricity, and Wi-Fi are included in the monthly rent! The serene setting is ideal for tenant(s) looking to connect with nature and enjoy the peacefulness of lake living. Although secluded, the Wi-Fi works great, so working remotely is a definite possibility! The home is located walking distance to the Vanishing Texas River Cruise, 3 miles to Canyon of the Eagles Resort, and 8 miles to the acclaimed Spider Mountain Bike Park and Container City that has a restaurant with live music! All modern conveniences are only a 20 minute drive away in Burnet, TX. Please note that the garage spaces below the main level are not available for use and there is no lake access from the home or in the neighborhood. No laundry facilities or mail available. Will need a mailbox in town and other arrangements for laundry.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Dubose and Kimmie
Bought by
Huey Todd and Huey Tyree
Current Estimated Value
$1,143,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$768,631
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$375,088

Purchase Details

Closed on
Feb 17, 2009
Sold by
Thomas E And Susan O Sheridan Revocable
Bought by
Dubose Marvin and Dubose Kimmie

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huey Todd -- Highland Lakes Title
Dubose Marvin -- None Avelable
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huey Todd $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Rented $1,550 +6.9% --
02/21/2025 02/21/25 Price Changed $1,450 -1.7% $2 / Sq Ft
07/23/2024 07/23/24 Price Changed $1,475 -1.7% $2 / Sq Ft
06/07/2024 06/07/24 For Rent $1,500 +1.7% --
01/01/2024 01/01/24 Rented $1,475 0.0% --
11/01/2023 11/01/23 Price Changed $1,475 -1.7% $2 / Sq Ft
08/31/2023 08/31/23 For Rent $1,500 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $13,289 $1,025,000 $246,766 $778,234
2022 $14,437 $959,976 $246,766 $713,210
2021 $11,283 $688,914 $175,442 $513,472
2020 $10,586 $631,627 $175,442 $456,185
2019 $11,188 $641,166 $186,061 $455,105
2018 $10,253 $577,147 $153,301 $423,846
2017 $9,056 $498,531 $157,326 $341,205
2016 $8,336 $458,884 $157,326 $301,558
2015 -- $458,884 $157,326 $301,558
2014 -- $475,999 $157,326 $318,673
Source: Public Records

Agents Affiliated with this Home

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