#7213083, Chris Watters, Listing office: Watters International Realty
Property details
About 511 Lakeway
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 10min to Burnet for shopping. Ready to move in!
Highlights
Home typeSingle Family Residence
HeatingDuctless
StatusActive
CoolingDuctless
Size676 sqft
Lot size0.2479 Acres
Year built1977
ParkingDetached Carport, Driveway, Gravel, Off Street
MLS #1427705
WaterfrontLake Privileges
ViewHills
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Flooring Type: Carpet Free
- Interior: Beamed Ceilings, Open Beams/Beamed Ceailings, Ceiling Fan(s), Main Level Primary, No Interior Steps, Open Floorplan
- Total Bedroom Count: 1
- Private Pool: No
- Parking: Detached Carport, Driveway, Gravel, Off Street
- Waterfront: Lake Privileges
- View: Hills
- Exterior: See Remarks
- Heating: Ductless
- Cooling: Ductless
- List Price: $215,000
- Price/SqFt: $318
- HOA Amount: $100 Annually
- Annual Tax Amount: $2,217
- Tax Year: 2023
- Lot: Front Yard, Level, Few Trees
- Directions: From Burnet take HWY 29 west to FM 2341, CR 130 (Left) to Lakeway (Right) house will be on left with sign.
- Year Built: 1977
- Stories: 1
- Living Area: 676 SqFt
- Lot Size: 0.2479 Acres
- MLS Number: 1427705
- MLS Name: ACTRIS
- Office Name: eXp Realty, LLC
- Office Phone: (512) 557-3415
- Listing Agent: Susie Phillips
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 7/17/2025, 7:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $170,151 | $2,217 |
| 2022 | $68,403 | $1,028 |
| 2021 | $69,799 | $874 |
| 2020 | $53,408 | $874 |
| 2019 | $47,205 | $791 |
| 2018 | $46,909 | $818 |
| 2017 | $43,126 | $766 |
History based on county public records data.
Nearby schools
3
R. J. Richey Elementary School
Public District 3-5
8.1 mi
•500 E Graves St
4
Packsaddle Elementary School
Public District PK-5
13.5 mi
•150 Pioneer Ln
3
Highland Lakes Elementary School
Public District PK-5
15.2 mi
•8200 W FM 1431
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,801. Typical income of Burnet, TX residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
31%
<35k
43%
35k-100k
15%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
5%
Single, with Kids
49%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
46%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dollar General
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Applebees
Texas Roadhouse
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 511 Lakeway
The listing price of 511 Lakeway property is $215,000.
The property 511 Lakeway is a house located in Burnet, Texas, 78611.
Active Listing: 511 Lakeway is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 511 Lakeway are: R. J. Richey Elementary School (GreatSchools Rating 3/10), Packsaddle Elementary School (GreatSchools Rating 4/10), Highland Lakes Elementary School (GreatSchools Rating 3/10), Burnet Middle School (GreatSchools Rating 4/10), Marble Falls Middle School (GreatSchools Rating 4/10), Lampasas Middle School (GreatSchools Rating 6/10), Burnet High School (GreatSchools Rating 5/10), Quest High School (GreatSchools Rating 3/10), Kingsland School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $2,217 (source: MLS/based on county public records data).
The property at 511 Lakeway has 1 bedroom and 1 bathroom.
The property 511 Lakeway is 676 SqFt (source: MLS/tax record).
The year of construction for 511 Lakeway is 1977.
This home is located at 511 Lakeway in Burnet, TX and zip code 78611 in the Council Creek neighborhood. This 676 square foot home, which was built in 1977, sits on a 0.25 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $215,000.
Over 1 listings were sold over their listed price in June 2025 in Burnet, TX. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Burnet, TX between May and June 2025 increased by 3.4%. In June 2025 median list price was $374,400 and the average listing age was 75 days.
From Rocket Homes Real Estate and based on county public records data.