4 days on RocketTour
$2,078 Closing Credit¹
#9112958, Richard Giesecke, Listing Office: Giesecke Home and Ranch Real E
$229,000 List price
511 Lakeway Burnet, TX 78611
$2,719
Closing credit¹
1 bed
1 full
676 sqft
0.2 acres
$339 / sqft
House
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
- 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/19/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$229,000
511 Lakeway
$2,719
closing credit¹
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Seller rebate
0.5% sale price²
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. Most families are married, no kids. Residents of this area typically have post secondary degree education.
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
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 $229,000.
In March 2025, from all listings sold in Burnet, TX there were more than 1 sold above asking price, over 10 sold below and more than 1 were sold right at the asked price. Between February and March 2025, Burnet, TX real estate market has seen increase in the number of listings by 11.6%. Listings spent 119 days on the market in March 2025, and had a median list price of $399,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.