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!
Property Details
| Status | Active |
| MLS # | ACT200736535 |
| Type | Residential |
| Year Built | 1960 |
| Lot Size | 2.38 AC / 103,672 SF |
| County | Llano |
| Subdivision | none |
| Garage Spaces | 4 |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
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.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT200736535 | $995,000 |
| — | Original List Price | $1,150,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 10 |
| Lot Size | 103,672 Sq. Ft. |
| Style | Residential |
| County | LLANO |
| MLS # | ACT200736535 |
Schools
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.