Lake Home For Sale near Lake Buchanan

Investment Opportunity - 1701@1703 Roselea Dr, Buchanan Dam, TX This property offers two homes on 2.18 acres in the Texas Hill Country, presenting multiple income streams and long-term growth potential. ?? Key Investment Features o Dual Residences: o Main home: 3 bed / 2 bath, approx. 1,536 sq. ft. o Guest home: 3 bed / 2 bath, approx. 1,248 sq. ft. o Separate utilities and fenced yard for tenant privacy o Rental Potential: o Live in one home and rent the other o Lease both for steady cash flow o Short-term rental opportunity with proximity to Lake Buchanan and Black Rock Park o Value-Add Upside: o Both homes need cosmetic updates -- ideal for investors seeking equity growth through renovations o Existing infrastructure (utilities, septic, HVAC) reduces upfront development costs o Location Advantage: o Minutes from public boat ramps and lake recreation o Easy access to Burnet, Marble Falls, and Horseshoe Bay o Hill Country acreage with mature oaks and gated entry ?? Investor Appeal o Multi-generational rental demand in the Hill Country o Vacation rental market driven by lake tourism o Land value appreciation in Buchanan Dam and surrounding areas With a list price of $230,000, this property offers strong potential for cash flow, equity growth, and long-term appreciation. Whether you're a buy-and-hold investor, flipper, or short-term rental operator, 1701 @ 1703 Roselea Dr is a versatile asset ready to perform.

Property Details

  • Beds: 6
  • Baths: 4.0
  • Sq Feet: 2784
  • Year Built: 2001
  • Location: Lake Buchanan
  • Acres: 2.180
  • County: Llano County
  • Community: Indian Hills
  • Heat/AC: Central, Propane (Heating)
  • Garage: Carport
  • Roof: Composition
  • MLS #: 175829

Location

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Contact Information:

Contact Agent
Listing Agent: William Teague, RE/MAX of Mable Falls, 512-265-4712, 830-798-1443 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 : 6912323
Viewed: 3 times
Added: Dec 01, 2025
Updated on: Dec 01, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.