621 Waterway LN, Burnet TX 78611

Burnet, TX 78611 | Swiss

Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$119,001 Ed's Estimate: $2,077,168 $2,077,168
Lowest Comp Recommended List: $2,036,000 to $2,119,000 Highest Comp

Listing History

$2,375,000 List Price
$558,950 Comp Value
0 Price Reductions

This property was listed at $2,375,000 and withdrawn after 25 days on market. This listing activity factors into the valuation.

This home was listed at $2,375,000 and was on the market for 25 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $2,077,168. Here are some factors that may have played a role: The asking price may have been roughly $297,832 above what comparable homes were selling for in this area. At $878/sqft, the asking price was 340% above the area median, though there may have been upgrades or features not captured in the data. Built in 1998, this home may have faced competition from newer construction in the area priced similarly. The larger floor plan (939 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 16 years newer than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in SWISS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
5 Baths 5 Full
2,704 Sq Ft
2.045 Acres
1998 Built

About This Property

Experience the ultimate lakeside retreat on the eastern shores of Lake Buchanan, created for those who appreciate both serenity and outdoor adventure, this remarkable waterfront estate provides deep water access and some of the most desirable fishing. This beautifully appointed home is filled with natural light and sweeping lake views, showcasing expansive windows throughout, each fitted with Legacy blinds, several of which are remote controlled for added convenience. The primary suite offers a peaceful escape, highlighted by a luxurious walk-in shower with lighting and a custom music system for a spa inspired experience. A private guest suite is tucked into the loft, while a spacious bunkroom, also ideal as an additional lounge area, includes a full bath and comfortable seating space. A large game room creates the perfect environment for leisure and hosting. At the center of the home, elegant Taj Mahal marble countertops enhance the kitchen and main living areas, leaving a lasting impression. The property also features a detached one bedroom guest cottage complete with a full bath and kitchenette, providing added privacy and comfort for visitors. The outdoor kitchen and patio set the stage for grilling and dining under the open sky, while evenings can be spent gathered around the fire pit enjoying s’mores and meaningful moments beneath the stars. A standout feature is the custom engineered two story boat dock, designed with a specialized cable system that allows for smooth adjustment to changing water levels. Built with both strength and ease of use in mind, the dock includes two boat slips with lifts for secure and convenient lake access. A dedicated storage room keeps equipment organized, while on site rod holders and a fish cleaning station, equipped with electricity and a water pump, cater to fishing enthusiasts. This exceptional waterfront feature blends durability, thoughtful design, and practicality for an elevated lakefront lifestyle.

Property Highlights

Waterfront Lake Buchanan · Lake Front

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Eat-in Kitchen
  • Kitchen Island

Location

Schools

School District BurnetCONSISD
Elementary RJ Richey
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior Balcony, Boat Lift, Outdoor Grill
County Burnet
MLS # 3502597

HOA & Community

HOA Fee $400 /Annually
HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $17,958 (2025)

Listing History

MLS# 3502597 25 days
May 26, 2026 Off Market
May 1, 2026 Listed $2,375,000

Frequently Asked Questions About 621 Waterway LN, Burnet TX 78611

When was 621 Waterway LN, Burnet TX 78611 built?

621 Waterway LN, Burnet TX 78611 was built in 1998.

How much does 621 Waterway LN, Burnet TX 78611 cost?

621 Waterway LN, Burnet TX 78611 is currently off market.

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