This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
$995,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
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: 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!
Full Property Details
Full Property Details for 1504 Rr 261
General
- Price: $995,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 175684
- Updated: 12/3/2025
- Added to Site: 65 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry, Utility Room Inside, Main Level Master Bdrm
- Fireplace: Yes
- Fireplace(s): One, One
- Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Floor, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 10
Parking
- Parking Features: Electric Gate
Location
- 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.
School Information
- High School District: Burnet
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Construction: Block, Wood Siding
- Foundation: Pier & Beam, Slab
- Roof: Composition, Metal
- Stories/Levels: 1
- Square Feet: 7,021
- Sq. Ft. Source: Agent
- Living Area: 7,021 Sq. Ft.
- Year Built: 1960
Unit Information
- Residential Units: 4
Lot Features
- Property View: Hill Country, Lake, Panoramic
- Lot Size (Acres): 2.38
- Lot Size (Sq. Ft.): 103,672
- Lot Dimensions: irreg
- Fence: Yes
- Topography: Commercial Potential
- Fencing (Description): Chain Link
Water Features
- Water View: Yes
- Water Front Type: Open Water
- Water Front View: Lake Buchanan West
Green Features
- Energy Efficient: Ceiling Fan(s)
Financial Considerations
- Price Per Sq. Ft.: $141.72
Disclosures and Reports
- Legal Description: A ANGLIN ABST #2 1.88 AC A ANGLIN ABST #2 0.500 AC LAND ACCT (MH ONLY ACCT 56453)
- Property ID: 76087
Listed by Jesse James Real Estate, Jason James
Get Pre-Approved Today
Schools
Schools serving 1504 Rr 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 Rr 261
Date
Details
Price
Change
Source
11/13/2025
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1504 Rr 261
1504 Rr 261, Buchanan Dam, TX 78609 (MLS# 175684) is a Single Family property with 10 bedrooms and 7 full bathrooms. 1504 Rr 261 is currently listed for $995,000 and was received on November 13, 2025. Want to learn more about 1504 Rr 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.

