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Residential Land with Home for Sale in Buchanan Dam, Texas

1701 And 1703 Roselea Dr, Buchanan Dam, TX 78609

$230,000
2.18 acres
Active
Est $1,439/mo

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.

2,784
Sq feet
6
Beds
4
Full baths
2001
Built

Location

Street address
1701 And 1703 Roselea Dr
Community
Indian Hills
School district
Burnet
Elevation
1,057 feet
Coordinates
30.7564, -98.4626

Directions

Head west on Tx 29, turn right onto CR 261 continue to down turn left on Lillian Dean then left on Roselea. Property on the left has address 1701 and 1703 on fence markers.

Property details

Acreage
2.18 acres
MLS #
HLAR 175829
Posted

Parcels

  • 025733

Legal description

Details and features

Listing

Type
Residential
Subtype
Manufactured Home
Franchise
RE/MAX International

Exterior

Parking
Carport
Fencing
Fenced
Features
Fencing

Structure

Heating
Central, Propane
Cooling
Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Roof
Composition

Interior

Rooms
Bathroom x 4, Bedroom x 5
Flooring
Laminate
Appliances
Range
Features
Breakfast Bar, Pantry

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Dec 2, 2025New listing$230,000HLAR
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This 2.18-acre property is located at 1701 And 1703 Roselea Dr in Buchanan Dam, TX 78609. The property is available for sale for $230,000. It has a 2,784 sq ft 6 bedroom, 4 bath house built in 2001.

Checked 7 hours ago — Updated

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Copyright (C) 2026 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.

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