Main house built 2001 with breezeway connecting to guest house. Both homes provide a panoramic, 5-mile UNOBSTRUCTED open water view on nearly 300 feet of waterfront on Shaw Island, Lake Buchanan. Views include Rocky Point, Buchanan Dam, Black Rock Park and the shorelines toward Llano and Burnet. This beautiful and meticulously maintained property features waterfront enjoyment amenities like the oversized screened porch, bright and inviting sunroom, sculpture garden with meteorological devices to track weather patterns, wind velocity and lake stats. Boat barn storage and oversized garage house all the lake necessities! The concrete boat ramp and wide-open extensive property will accommodate the whole tribe for endless entertaining and maximum lake enjoyment. Two of the four WF lots could be a resale or new build site. Main house has an open concept living/dining to kitchen with banks of windows, expansive master with ensuite bath, extensive walk-in closet, discreet storm/safe room, dedicated office and powder bath. Across the breezeway, the guest house has a full, vintage kitchen with breakfast bar, cheery, water colored cabinetry, living space with glass doors and windows for a complete lake experience at all times- 3 bedrooms, 1.5 baths. Sustainability features include above ground gasoline storage and two bulk water storage tanks. Oversized garage/workshop has tons of storage and half bath. For weekend or lifetime island living, or a lucrative short term rental investment opportunity, you must see it to appreciate this great investment. Only 1.5 hours from AUS and 2 hours from SAT airports.
Active
Price cut: $55K (8/22)
$894,000
736 W Lakecrest Dr, Bluffton, TX 78607
4beds
3,295sqft
Single Family Residence
Built in 1975
0.84 Acres Lot
$856,500 Zestimate®
$271/sqft
$-- HOA
What's special
Dedicated officeBright and inviting sunroomExtensive walk-in closetOversized garageBoat barn storagePowder bathCheery water colored cabinetry
- 108 days
- 414
- 24
Zillow last checked:
Listing updated:
Listed by:
Dana Yarter 830-798-1443,
RE/MAX Marble Falls
Source: Central Texas MLS,MLS#: 617557
Originating MLS: Williamson County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Living room
- Features: Multiple Living Areas
Heating
- Central, Electric
Cooling
- Central Air, Electric, 2 Units
Appliances
- Included: Dishwasher, Electric Range, Disposal, Microwave, Range
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage, Main Level
Features
- All Bedrooms Down, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, High Ceilings, Home Office, Primary Downstairs, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Open Floorplan, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments, Solid Surface Counters
- Flooring: Carpet, Concrete, Tile
- Windows: Window Treatments
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Living Room, Raised Hearth, Wood Burning
Interior area
- Total interior livable area: 3,295 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Attached Carport, Detached, Garage Faces Front, Garage, Garage Door Opener
- Garage spaces: 2
- Carport spaces: 3
- Covered spaces: 5
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Porch, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Wood
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Boat Ramp/Lift Access, Water Access
- Body of water: Lake Buchanan
Lot
- Size: 0.84 Acres
- Dimensions: 267 x 160
Details
- Parcel number: 34993
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: None
Community & HOA
Community
- Features: Boat Facilities
- Subdivision: Island Village
HOA
- Has HOA: No
Location
- Region: Bluffton
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $1,065,410
- Annual tax amount: $1,222
- Date on market: 6/20/2026
- Cumulative days on market: 111 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$856,500
$814,000 - $899,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Price change | $894,000-5.8%$271/sqft |
Source: | ||
| 7/24/2026 | Price change | $949,000-3.7%$288/sqft |
Source: | ||
| 7/14/2026 | Price change | $985,000-1.2%$299/sqft |
Source: | ||
| 5/5/2026 | Listed for sale | $997,000$303/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,222 | $988,032 +10% |
| 2024 | $1,222 +0.5% | $898,211 +10% |
| 2023 | $1,216 +1.3% | $816,555 +10% |
| 2022 | $1,200 +1.2% | $742,323 +10% |
| 2021 | $1,185 | $674,839 +10% |
| 2020 | -- | $613,490 +3.3% |
| 2019 | -- | $593,610 +3.8% |
| 2018 | $8,077 | $571,970 +5.2% |
| 2017 | -- | $543,910 -2.4% |
| 2016 | -- | $557,280 +0.9% |
| 2015 | -- | $552,180 |
| 2014 | -- | $552,180 -5.1% |
| 2013 | -- | $581,950 -6.3% |
| 2012 | -- | $620,870 -0.6% |
| 2011 | -- | $624,720 |
| 2010 | -- | $624,720 -3.1% |
| 2009 | -- | $644,550 +10% |
| 2008 | -- | $585,870 +11.9% |
| 2007 | -- | $523,430 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78607
Nearby schools
Schools provided by the listing agent
- Elementary: Shady Grove Elementary School
- Middle: Burnet Middle School
- High: Burnet High School
- District: Burnet Consolidated ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






