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Lake Buchanan - Income producing property - priced below recent $995,000

1504 RR 261, Buchanan Dam, TX 78609

10 br, 7.0 ba, 1960 7021 sf
Llano County
Ad #: 6833352

Lake Home For Sale

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!

Property Details

  • Beds: 10
  • Baths: 7.0
  • Sq Feet: 7021
  • Year Built: 1960
  • Location: Lake Buchanan
  • Acres: 2.380
  • Waterfront: Yes
  • Lakeview: Yes
  • ViewTypes: Hills, Lake, Panorama
  • County: Llano County
  • Heat/AC: Central, Fireplace(s)
  • Roof: Composition, Metal
  • Fireplaces: Has Fireplace
  • MLS #: 175684

Location

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Contact Information:

Contact Agent
Listing Agent: Jason James, Jesse James Real Estate Ll, 325-423-4415, 325-248-0818 Listing Site, Listing Status: Active
Copyright © 2025 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Buchanan Dam, Texas
Ad Number : 6833352
Viewed: 0 times
Added: Nov 13, 2025
Updated on: Nov 14, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.