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Land with Home for Sale in Buchanan Dam, Texas

1504 RR 261, Buchanan Dam, TX 78609

$995,000
2.38 acres
Active sale
$105k drop
Est $5,805/mo

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: 13 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!

7,021
Sq feet
10
Beds
7
Full baths
1960
Built

Location

Street address
1504 RR 261
School district
Burnet
Elevation
1,025 feet
Coordinates
30.7475, -98.4541

Directions

From Fuzzies Corner (Hwy 1431 & 29) Travel North on Hwy 1431. Go Right on RR 261. Property on Left. Corner of Hwy 261 & Carlson Circle.

Property details

Acreage
2.38 acres
MLS #
HLAR 175684
Posted

Parcels

  • 076087

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Lake
Features
Commercial Potential

Exterior

Fencing
Chain Link
Pool
Deck

Structure

Stories
1
Water
Public
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Block, Wood Siding
Roof
Composition, Metal

Interior

Rooms
Bathroom x 7, Bedroom x 10, Laundry Room
Flooring
Ceramic Floor, Hardwood, Tile
Fireplaces
Yes
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Listing history

DateEventPriceChangeSource
Nov 13, 2025Price drop$995,000$105,000 -9.5%CHCBOR
Nov 6, 2025New listing$1,100,000CHCBOR
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This 2.38-acre property is located at 1504 RR 261 in Buchanan Dam, TX 78609. The property is available for sale for $995,000. It has a 7,021 sq ft 10 bedroom, 7 bath house built in 1960.

Checked 2 hours ago — Updated

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