1504 Ranch Road 261, Buchanan Dam, TX 78609 - Photo 1

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$995,000

For Sale
Active
Single Family
10 Beds
7 Full Baths
7,021 Sq. Ft.
2.38 Acres
4 Car Garage
Updated 4 days ago

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Property Description

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!

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Full Property Details

Full Property Details for 1504 Ranch Rd 261

General

Price: $995,000
Taxes: (2023)
Status: Active
Type: Single Family
Source: Austin_MLS
MLS ID: 2748339
Updated: 2/19/2026
Added to Site: 244 day(s) ago

Interior

Interior Features: Multiple Living Areas, Main Level Primary, Storage
Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Flooring: Laminate, Linoleum, Wood

Rooms

Bathrooms

Total Bathrooms: 7
Full Bathrooms: 7

Bedrooms

Total Bedrooms: 10
Bedrooms Main: 10

Other Rooms

Laundry: In Unit

Additional Information

Shared Amenities: None
Security/Safety: Smoke Detector(s)

Exterior

Exterior Features: Boat Ramp, RV Hookup
Porch/Patio/Deck: Covered, Patio, Porch, Wrap Around

Parking

Garage: Yes
Garage Spaces: 4
Carports: Yes
Covered Spaces: 4
Total Spaces: 25
Parking Features: Attached Carport, Carport, RV Access/Parking, Storage

Location

Area: LL
County: Llano
Subdivision: none
Driving 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.
Direction Faces: Northeast

School Information

Elem School District: BurnetCONSISD
Midd School District: BurnetCONSISD
High School District: BurnetCONSISD
Elementary School: Burnet
Middle School: Burnet (Burnet ISD)
High School: Burnet

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central

Utilities

Sewer: Private Sewer
Water: Municipal Utility District, Well
Well: Yes
Utility Description: Electricity Connected, Other, Sewer Connected, Water Connected

Structural Information

Detached/Attached: Detached
Construction: Block, Frame
Roof: Composition
Windows: Drapes
Stories/Levels: 1
Square Feet: 7,021
Sq. Ft. Source: Public Records
Living Area: 7,021 Sq. Ft.
Year Built: 1960
Year Built Source: Public Records
Property Condition: Resale

Additional Structures

Other Structures: Barn(s), Guest House, Mobile Home, Residence, RV/Boat Storage, Shed(s)

Lot Features

Property View: Hills, Lake, Water
Lot Size (Acres): 2.38
Lot Size (Sq. Ft.): 103,672.8
Fence: Yes
Lot Features: Gentle Sloping, Private, Views
Fencing (Description): Chain Link, Partial, Wood

Water Features

Water Front: Yes
Water View: Yes
Water Front Name: Lake Buchanan
Water Front Desc.: Lake Front, Waterfront, Boat Ramp/Lift Access
Lake Front: Yes

Financial Considerations

Assessment Amount: $682,000
Tax Year: 2023
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Septic Certification, Survey, Rent Rolls
Multiple Parcels: Yes
Legal Description: A ANGLIN ABST #2 1.88 AC A ANGLIN ABST #2 0.500 AC LAND ACCT (MH ONLY ACCT 56453)
Disclosures/Reports: Seller Disclosure
Property ID: 76087

Listed by Jesse James Real Estate

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— 1504 Ranch Rd 261 —

Jesse James Real Estate

(512) 793-2851

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Schools

Schools serving 1504 Ranch Rd 261

School District:Burnet Consolidated Independent School District

Name	Grades	Distance
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611	6-8	13.4 mi
Burnet High School 1000 The Green Mile, Burnet, TX 78611	9-12	13.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1504 Ranch Rd 261 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/13/2025

Price Reduced

$995,000

-9.55%

MLS

7/25/2025

Price Reduced

$1,100,000

-4.35%

MLS

6/24/2025

Listed

$1,150,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1504 Ranch Rd 261

Year

Property Taxes

Change

Tax Assessment

Change

2025

$3,324

-18%

$414,473

-7%

2024

$4,051

-8%

$445,824

8%

2023

$4,408

-4%

$411,570

24%

2022

$4,604

—

$332,890

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1504 Ranch Road 261, Buchanan Dam, TX 78609 (MLS# 2748339) is a Single Family property with 10 bedrooms and 7 full bathrooms. 1504 Ranch Road 261 is currently listed for $995,000 and was received on June 24, 2025. Want to learn more about 1504 Ranch Road 261? Do you have questions about finding other Single Family real estate for sale in Buchanan Dam? You can browse all Buchanan Dam real estate or contact a Coldwell Banker agent to request more information.

1504 Ranch Rd 261 Buchanan Dam, TX 78609