Date
Details
Price
Change
Source
9/29/2026
Listed
$920,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Distinctive and tranquil living embraces you at 516 Island Lodges Drive on Lake Buchanan. Completely renovated and expanded in 2023, this retreat offers approximately 136 feet of waterfront. Upon entry, you will find over 650 square feet of flex space with a half bath and sliding glass door leading to the lake, hot tub, and patio. Around the corner, the great room brings together living, dining, and a thoughtfully-designed kitchen with custom cabinetry, pull-out shelving, a large pantry, double ovens, microwave drawer, and induction cooktop (plumbed for gas if you prefer). Picture windows and sliding glass doors provide beautiful panoramic views of the lake and its ecosystem. Two primary suites are in the main house: one with an oversized spa tub and separate shower, and the other with barrier-free entry shower. Both suites offer walk-in closets with built-in shelving. A utility room with built-in shelving and storage is conveniently located between the suites. Just steps from the main house, a detached, multi-use one-bedroom casita offers its own living area with picture windows, kitchenette, and full bath, providing space for guests, work, or rental use. The boat dock features an electric lift, fish-cleaning station, and adjustable cable system that allows it to be moved farther from shore as lake levels change. Upgrades include a whole-home generator with a buried 500-gallon propane tank, new HVAC, new septic system, reverse-osmosis water filtration, water softening systems, adjustable lighting, and a revamped draining system. Island Lodges is a peninsula community made up of full- and part-time residents, many of whom have lived and/or vacationed here for multiple generations. In a world that has become both too hectic and rapidly-changing, 516 Island Lodges Drive offers a sanctuary of serenity and the opportunity to enjoy lake life with family and friends. Join us as soon as you can!
Full Property Details
Full Property Details for 516 Island Lodges Dr
General
- Price: $920,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $6,468 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8244786
- Updated: 9/30/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Double Vanity, Kitchen Island, Low Flow Plumbing Fixtures, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, No Interior Steps, Pantry, Quartz Counters, Recessed Lighting, Smart Thermostat, Walk-In Closet(s)
- Appliances: Built-In Oven, Double Oven, Dishwasher, Disposal, Induction Cooktop, Microwave, Water Softener, Water Purifier
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Fishing, Lake
- Spa: Yes
- Spa Description: Hot Tub
- Security/Safety: Carbon Monoxide Detector(s)
Exterior
- Exterior Features: Boat Lift, Dock
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 4
- Parking Features: Concrete, Detached, Garage, Garage Door Opener
Location
- Area: LL
- County: Llano
- Subdivision: Island Lodges
- Driving Directions: Traveling through Burnet take west Hwy 29, then turn right onto Island Lodges Dr. Traveling through Kingsland, head north on Hwy 1431 to Hwy 29. Turn right onto Hwy 29, then left onto Island Lodges Dr. Continue to 516 Island Lodges Dr, located on the right.
- Direction Faces: North
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
Community
- Association: Yes
- Assoc. Name: ISLAND LODGES
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Propane, Other, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Cement Siding, Wood Siding
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 2,878
- Sq. Ft. Source: Public Records
- Living Area: 2,878 Sq. Ft.
- Year Built: 1980
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Lake, Panoramic, Water
- Lot Size (Acres): 0.2905
- Lot Size (Sq. Ft.): 12,654.18
- Lot Features: Cul-De-Sac, Landscaped
- Fencing (Description): None
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
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Assessment Amount: $532,570
- Tax Amount: $6,468.22
- Tax Year: 2026
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: ISLAND LODGES SECTION 1 LTS 13 & E 1/2 OF LT 14
- Disclosures/Reports: Seller Disclosure
- Property ID: 7967
- Lot Number: 13
Listed by Phyllis Browning Company
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Listing agents
— 516 Island Lodges Dr —
Phyllis Browning Company
Phyllis Browning Company
(512) 215-8587
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 516 Island Lodges Dr
Tax History
Tax History for 516 Island Lodges Dr
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,468
52%
$517,420
9%
2024
$4,262
-25%
$476,160
-7%
2023
$5,708
-24%
$513,280
11%
2022
$7,499
98%
$463,800
22%
2020
$3,779
—
$379,300
28%
2020
$3,779
7%
$296,839
10%
2019
$3,542
8%
$269,854
10%
2018
$3,286
—
$245,322
—
Disclaimer: Historical tax 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 516 Island Lodges Dr
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516 Island Lodges Drive, Buchanan Dam, TX 78609 (MLS# 8244786) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 516 Island Lodges Drive is currently listed for $920,000 and was received on September 29, 2026. Want to learn more about 516 Island Lodges Drive? 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.