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$625,000
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Property Description
Lake Buchanan waterfront lake house or year-around living on just over one-half acre. Eighty-eight feet of (inlet) waterfront on Lake Buchanan, offers a lake view, fishing, and boat access, right from the backyard. Six trees provide plenty of shade during the summer months. The property has a lake pump fed sprinkler system. The house has many improvements: insulated windows, porcelain floors, a whole house water filtration system and kitchen RO unit, a water softener, 50 gallon water heater and 5 ton HVAC. The roof was replaced in late 2021. A new 336 Sq Ft enclosed sun room was added in 2018, providing morning sun and water views. Other upgrades include house rain gutters, insulated garage doors and openers, a two-car covered carport and an LCRA certified septic drain field. A metal utility building with power and internal lighting added in 2019: includes 140 SqFt insulated storage room with storage loft, a finished 260 SqFt hobby room with AC and wiring for ceiling fan. There is 15.5 x 31 Ft room with a 10 Ft (H) x 14 Ft (W) rollup door for a boat or vehicles.
Full Property Details
Full Property Details for 518 Elm Cir
General
- Price: $625,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 3206898
- Updated: 8/4/2025
- Added to Site: 179 day(s) ago
Interior
- Interior Features: High Speed Internet, Main Level Primary
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Masonry, Wood Burning
- Appliances: Built-In Electric Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Disposal, Microwave
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Library: Yes
- Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Fishing, Library, Park
- Security/Safety: Smoke Detector(s), Security Lights
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: See Remarks
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Garage, Workshop in Garage
Location
- Area: LL
- County: Llano
- Subdivision: GREENWOOD ACRES
- Driving Directions: From State Hwy 29 E or W, take RR 1431 N, for 2.5 miles. Turn left on Hwy 261N and go 3 miles, Turn right on Cedar Drive at Greenwood Acres, go four blocks to Greenwood Ave. Turn right and immediate Left on Elm Circle. Property on left.
- Direction Faces: West
School Information
- Elem School District: Burnet CISD
- Midd School District: Burnet CISD
- High School District: Burnet CISD
- Elementary School: Burnet
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Association: Yes
- Assoc. Name: GREEN ACRES POA
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, HardiPlank Type
- Roof: Composition
- Windows: Blinds, Drapes
- Stories/Levels: 1
- Square Feet: 2,606
- Sq. Ft. Source: Appraiser
- Living Area: 2,606 Sq. Ft.
- Year Built: 1970
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s), RV/Boat Storage
Lot Features
- Property View: Lake, Water
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Dimensions: 135 x 89 x 88 x 96 x 184 x 121
- Fence: Yes
- Lot Features: Sprinklers In Rear, Sprinklers In Front, Sprinklers In Ground, Sprinklers Manual, Few Trees
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- Association Fee: $150
- Assoc Fee Freq.: Annually
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: GREENWOOD ACRES LT 160 & THE N 1/2 OF LT 161 & PT OF LTS 153 & 154
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 16160
- Lot Number: 161 & PT OF LTS 153& 154
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Schools
Schools serving 518 Elm Cir
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 14.2 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 14.5 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 518 Elm Cir
Date
Details
Price
Change
Source
7/22/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 518 Elm Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,471
-17%
$384,400
7%
2024
$2,970
-5%
$358,332
10%
2023
$3,130
-23%
$325,756
10%
2022
$4,049
29%
$296,142
17%
2020
$3,143
—
$253,520
4%
2020
$3,143
—
$243,560
4%
2019
$3,135
-12%
$234,040
4%
2018
$3,547
—
$224,990
—
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 518 Elm Cir
518 Elm Circle, Buchanan Dam, TX 78609 (MLS# 3206898) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 518 Elm Circle is currently listed for $625,000 and was received on July 22, 2025. Want to learn more about 518 Elm Circle? 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.

