Lake Buchanan - Income producing property - priced below recent appraisal! Unrestricted 2.38-acres with 262 feet of prime Lake Buchanan frontage (5 mile view across open water). This income-producing property is perfect as a family getaway, vacation rental, or investment opportunity. Features: Primary Home: 1950s vintage with original oak hardwood floors and large addition with expansive kitchen/living area. House 2: 3/2 MH with open living/dining/kitchen, wrap-around porch, and lake views House 3: 3/2 MH with 2 living rooms, wrap-around porch, and lake views House 4: 1/1 site-built with covered porch and parking All homes have central heat/air and are in excellent condition. Most currently leased. Additional investment amenities: 14 RV sites with full hookups and individual electric meters Massive metal shop with 3 roll-up doors and office. Fenced with electric security gate Cement bulkhead, pier, and boat ramp for easy lake access Private well plus 2 community water taps, approved septics, paved driveway, planted oak & cypress trees and sand volleyball court. Conveniently located on the SW end of the lake near Highways 1431 & 29, just 90 minutes NW of Austin & San Antonio. High potential for rental income with room to grow. Recent title work and LCRA septic approval - this place is ready for a new owner! Value added property - possibly one of the best live water deals in Central Texas, come see!
Pending
$995,000
1504 Ranch Road 261, Buchanan Dam, TX 78609
10beds
7,021sqft
Single Family Residence
Built in 1960
2.38 Acres Lot
$949,700 Zestimate®
$142/sqft
$-- HOA
What's special
Waterfront propertyCement boat rampWrap around porchesSand volley ball courtPaved drivewayVariety of treesMassive pier
- 369 days |
- 27 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jason James (512) 793-2851,
Jesse James Real Estate (325) 248-0818
Source: Unlock MLS,MLS#: 2748339
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
- Main level bedrooms: 10
Primary bedroom
- Features: Ceiling Fan(s)
- Level: Main
Primary bathroom
- Features: Walk-in Shower
- Level: Main
Kitchen
- Features: Beamed Ceilings
- Level: Main
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer
Features
- Multiple Living Areas, Primary Bedroom on Main, Storage
- Flooring: Laminate, Linoleum, Wood
- Windows: Drapes
Interior area
- Total interior livable area: 7,021 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Carport, RV Access/Parking, Storage
- Attached garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch, Wrap Around
- Exterior features: Boat Ramp, RV Hookup
- Pool features: None
- Fencing: Chain Link, Partial, Wood
- Has view: Yes
- View description: Hill Country, Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front, Waterfront
- Body of water: Lake Buchanan
Lot
- Size: 2.38 Acres
- Features: Gentle Sloping, Private, Views
Details
- Additional structures: Barn(s), Mobile Home, Residence, RV/Boat Storage, Shed(s)
- Has additional parcels: Yes
- Parcel number: 076087
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Combination
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Private Sewer
- Water: Municipal Utility District (MUD), Well
- Utilities for property: Electricity Connected, Other, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: none
HOA
- Has HOA: No
Location
- Region: Buchanan Dam
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $206,990
- Annual tax amount: $700
- Date on market: 6/24/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$949,700
Estimated sales range
Not available
$2,517/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Pending sale | $995,000$142/sqft |
Source: | ||
| 11/13/2025 | Price change | $995,000-9.5%$142/sqft |
Source: | ||
| 11/6/2025 | Listed for sale | $1,100,000$157/sqft |
Source: | ||
| 9/23/2025 | Pending sale | $1,100,000$157/sqft |
Source: | ||
| 7/25/2025 | Price change | $1,100,000-4.3%$157/sqft |
Source: | ||
| 6/24/2025 | Listed for sale | $1,150,000$164/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $700 +4995.8% | $203,664 +3973.3% |
| 2024 | $14 -97.4% | $5,000 -97.2% |
| 2023 | $523 +145.7% | $179,950 +146% |
| 2022 | $213 -0.6% | $73,140 +10% |
| 2021 | $214 | $66,500 +6% |
| 2020 | -- | $62,740 +10% |
| 2019 | -- | $57,030 +5% |
| 2018 | $856 | $54,320 +49.1% |
| 2017 | -- | $36,430 +5.1% |
| 2016 | -- | $34,650 |
| 2015 | -- | $34,650 |
| 2014 | -- | $34,650 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78609
Nearby schools
GreatSchools rating
- 4/10Rj Richey Elementary SchoolGrades: 3-5Distance: 13.7 mi
- 5/10Burnet Middle SchoolGrades: 6-8Distance: 13.5 mi
- 6/10Burnet High SchoolGrades: 9-12Distance: 13.7 mi
Schools provided by the listing agent
- Elementary: Burnet
- Middle: Burnet (Burnet ISD)
- High: Burnet
- District: BurnetCONSISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Llano County
- Buchanan Dam
- 78609
- 1504 Ranch Road 261


