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!
Active
$995,000
1504 Ranch Road 261, Buchanan Dam, TX 78609
10beds
7,021sqft
Est.:
Single Family Residence
Built in 1960
2.38 Acres Lot
$-- Zestimate®
$142/sqft
$-- HOA
What's special
Waterfront propertyCement boat rampWrap around porchesSand volley ball courtPaved drivewayVariety of treesMassive pier
- 284 days |
- 481 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: February 19, 2026 at 09:59am
Listed by:
Jason James (512) 793-2851,
Jesse James Real Estate (325) 248-0818
Source: Unlock MLS,MLS#: 2748339
Tour with a local agent
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
Not available
Estimated sales range
Not available
$2,517/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Price change | $995,000-9.5%$142/sqft |
Source:  Unlock MLS #2748339 Report a problem | ||
| 11/6/2025 | Listed for sale | $1,100,000$157/sqft |
Source: Unlock MLS #2748339 Report a problem | ||
| 9/23/2025 | Pending sale | $1,100,000$157/sqft |
Source: Unlock MLS #2748339 Report a problem | ||
| 7/25/2025 | Price change | $1,100,000-4.3%$157/sqft |
Source: Unlock MLS #2748339 Report a problem | ||
| 6/24/2025 | Listed for sale | $1,150,000$164/sqft |
Source: Unlock MLS #2748339 Report a problem | ||
Public tax history
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
BuyAbility℠ payment
Est. payment
$5,581/mo
Principal & interest
$4918
Property taxes
$663
More affordability tools
Climate risks
Neighborhood: 78609
Nearby schools
GreatSchools rating
- 3/10Rj Richey Elementary SchoolGrades: 3-5Distance: 13.7 mi
- 4/10Burnet Middle SchoolGrades: 6-8Distance: 13.4 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.
Local experts in 78609
- Texas
- Llano County
- Buchanan Dam
- 78609
- 1504 Ranch Road 261
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