511 Lakeway Burnet, TX 78611
Buchanan Lake NeighborhoodEstimated payment $1,330/month
Highlights
- Boat Ramp
- Separate Outdoor Workshop
- 1-Story Property
- Views of Hill Country
About This Home
Looking for a weekend getaway to the lake or investment for Short-term rental? This adorable cottage has recently been remodeled and ready to begin your summer of lake life, fishing and multiple close by areas of fun entertainment - Spider Mountain Bike Park, Inks State Park, Longhorn Caverns, Canyon of the Eagles, Reveille Peak Ranch, Templeton's Tavern, just to mention a few. A roomy appearance with the open concept kitchen and living room and vaulted ceiling. All new appliances, water heater, mini splits for HVAC, new plumbing, electrical, spray foam insulation, and double pane low E windows. This home has been completely updated and sits on 4 lots (street to street / Lakeway and Sage St), complete with metal carport, storage shed and a 20x30 shop surrounded by a stone wall. Access to private community homeowners park with access to Lake Buchanan. About 4 blocks to the community boat ramp and only a short 10 min to Burnet for shopping. Ready to move in !
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,223
Year Built
- Built in 1977
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 180x179x60x90x120x90
- Cleared Lot
Parking
- 2 Carport Spaces
Home Design
- Metal Roof
- Stone Exterior Construction
- Pier And Beam
Interior Spaces
- 676 Sq Ft Home
- 1-Story Property
- Views of Hill Country
- Washer and Electric Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Boat Ramp
- Separate Outdoor Workshop
- Outdoor Storage
Utilities
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Property has a Home Owners Association
- Association fees include road maintenance
- Council Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 010518
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,223 | $189,023 | $28,620 | $160,403 |
| 2024 | $2,223 | $170,151 | $28,620 | $141,531 |
| 2023 | $2,223 | $170,151 | $28,620 | $141,531 |
| 2022 | $1,029 | $68,403 | $7,344 | $61,059 |
| 2021 | $1,143 | $69,799 | $7,344 | $62,455 |
| 2020 | $895 | $53,408 | $3,780 | $49,628 |
| 2019 | $824 | $47,205 | $3,780 | $43,425 |
| 2018 | $833 | $46,909 | $3,780 | $43,129 |
| 2017 | $783 | $43,126 | $3,780 | $39,346 |
| 2016 | $783 | $43,126 | $3,780 | $39,346 |
| 2015 | -- | $43,126 | $3,780 | $39,346 |
| 2014 | -- | $43,126 | $3,780 | $39,346 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Price Changed | $215,000 | -4.4% | $318 / Sq Ft |
| 06/21/2025 06/21/25 | For Sale | $225,000 | 0.0% | $333 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | Price Changed | $225,000 | -1.7% | $333 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $229,000 | -4.2% | $339 / Sq Ft |
| 05/26/2023 05/26/23 | Sold | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $239,000 | -- | $354 / Sq Ft |
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM172343
APN: 10518
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