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For sale
  • Price cut: $15K (7/10)
    $965,000

    516 island lodges, BUCHANAN DAM, TX 78609

    3beds
    2,878sqft
    : 
    $6,457/mo
    Get pre-qualified
    Single Family Residence
    Built in 1980
    0.29 Acres Lot
    $-- Zestimate®
    $335/sqft
    $17/mo HOA

    What's special

    Stunning viewsBarrier-free designHalf bath leading outsideDouble ovensMicrowave drawerWell-equipped gourmet kitchenLarge corner pantry
    Stunning views, complete renovation, and fabulous water make this 2 for 1 retreat the best value on Lake Buchanan. Enjoy nature from the comfort of your couch and dining room with picture windows that let the outdoors in. The property has 2 primary suites in the main house and a 1-bedroom casita with a full bath and kitchenette. Living spaces are drenched with natural light and lakefront views as is the well-equipped gourmet kitchen. A large corner pantry, custom cabinets with pull out shelves, double ovens, microwave drawer and options for electric or gas cooking have the wish list covered. Large bathrooms with beautiful finishes make the lake life luxurious. A half bath leading outside makes transitions from the boat or hot tub into the house much cleaner and safer. The laundry room has abundant built-in shelving and cabinets for folding laundry and storing supplies. The main house boasts a barrier-free design for family members or guests with limited mobility. The casita provides income potential or just another place for working or relaxing. Electricity woes are addressed with the whole home generator powering both buildings and a 500-gallon propane tank buried underground. A brand-new septic system that exceeds all code requirements adds value and peace of mind for the buyer. The home is exceptionally energy efficient due to upgrades in insulation and double windows that keep the temperature comfortable without stressing your budget. Situated on a bay toward the end of Island Lodges peninsula, 516 Island Lodges sits on deep water that makes water access superior to most other properties on Lake Buchanan. In addition, there is an HOA boat launch less than 100 yards away. The community of Island Lodges combines full-time residents and weekend owners who are committed to maintaining a peaceful and safe environment for residents and their guests to enjoy lake life. Make an appointment with the owners soon, because this property won't last!
    161 days
    |
    294
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Robillard TREC #687855 (972) 715-1983,

    Newfound Real Estate

    Source: LERA MLS,MLS#: 1946724MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Area: 196
      • Dimensions: 14 x 14
      Bedroom
      • Area: 256
      • Dimensions: 16 x 16
      Bedroom 2
      • Area: 144
      • Dimensions: 12 x 12
      Primary bathroom
      • Features: Double Vanity
      • Area: 80
      • Dimensions: 10 x 8
      Kitchen
      • Area: 224
      • Dimensions: 16 x 14
      Living room
      • Area: 225
      • Dimensions: 15 x 15
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Oven, Disposal, Dishwasher
      • Laundry: Laundry Room, Washer Hookup, Dryer Connection
      Features
      • Two Living Area, Separate Dining Room, Kitchen Island, Pantry, High Ceilings, Walk-In Closet(s), Master Downstairs
      • Flooring: Ceramic Tile
      • Windows: Window Coverings
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: Not Applicable
      Interior area
      • Total interior livable area: 2,878 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: One Car Garage, Garage Door Opener
      • Garage spaces: 1
      Accessibility
      • Accessibility features: Accessible Hallway(s), Accessible Doors, Low Closet Rods, Accessible Approach with Ramp, First Floor Bath, First Floor Bedroom, Wheelchair Accessible
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Dock
      • Has spa: Yes
      • Spa features: Heated
      • On waterfront: Yes
      • Waterfront features: Waterfront, Water Front Improved
      Lot
      • Size: 0.29 Acres
      • Features: Cul-De-Sac, Sloped
      • Residential vegetation: Partially Wooded
      Details
      • Additional structures: Detached Quarters
      • Parcel number: 7967

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Wood Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Pre-Owned
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Septic

      Community & HOA

      Community
      • Features: Waterfront Access, Boat Ramp, Fishing, Other
      • Subdivision: Island Lodges
      HOA
      • Has HOA: Yes
      • HOA fee: $200 annually
      • HOA name: ISLAND LODGES
      Location
      • Region: Buchanan Dam

      Financial & listing details

      • Price per square foot: $335/sqft
      • Tax assessed value: $517,420
      • Annual tax amount: $5,459
      • Price range: $965K - $965K
      • Date on market: 3/6/2026
      • Cumulative days on market: 274 days
      • Listing terms: Conventional,FHA,VA Loan,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$965,000-1.5%$335/sqft
        Source: LERA MLS #1946724 Report a problem
        3/6/2026Listed for sale$980,000-1.5%$341/sqft
        Source: LERA MLS #1946724 Report a problem
        12/16/2025Listing removed$995,000$346/sqft
        Source: Unlock MLS #4863288 Report a problem
        10/24/2025Price change$995,000-13.5%$346/sqft
        Source: HLMLS as distributed by MLS GRID #174773 Report a problem
        8/19/2025Listed for sale$1,150,000$400/sqft
        Source: HLMLS as distributed by MLS GRID #174773 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,387 +29.8%$517,420 +8.7%
        2024$1,069 -12.3%$476,160 -7.2%
        2023$1,218 -9.7%$513,280 +10.7%
        2022$1,350 +10.5%$463,800 +22.3%
        2021$1,221 $379,300 +27.8%
        2020-- $296,839 +10%
        2019-- $269,854 +10%
        2018$3,286 $245,322 +10%
        2017-- $223,020 +2.3%
        2016-- $218,100 +0.5%
        2015-- $216,910 -5.3%
        2014-- $229,110 -15.6%
        2013-- $271,600 -4.5%
        2012-- $284,400 -4%
        2011-- $296,260 -3.2%
        2010-- $306,050
        2009-- $306,050 +0.3%
        2008-- $305,280
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78609

        Getting around

        5 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Burnet
        • Middle: Burnet
        • High: Burnet
        • District: Burnet Isd

        Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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