About 3100 Highway 261
Huge Price Reduction! Seller financing available. Welcome to Black Rock Cottages! This charming and historic property has been a part of the Lake Buchanan community since the formation of the lake! An extraordinary waterfront property with over 3.6 acres and approximately 400 ft of waterfront. The five rental cottages and primary residence built in 1940 have been lovingly maintained and cared for by the owner. In 2016, an 800 sq ft living area and covered porch was added to the primary residence which was beautifully blended with the original character of the home. There are additional storage buildings and mobile home rentals on the property. Whether you are looking for an amazing waterfront location on Lake Buchanan to live on and have a turn key business with multiple rentals, or you are an investor with ideas, there are endless possibilities! At 3.6 acres there is plenty of room to build additional units, set up an RV or mobile home park, or redevelop and create your own vision! With one of the best locations on Lake Buchanan, this is an opportunity not to be missed!
Features of 3100 Highway 261
| MLS® # | 161182 |
|---|---|
| Price | $1,950,000 |
| Bedrooms | 12 |
| Bathrooms | 10.50 |
| Full Baths | 10 |
| Half Baths | 1 |
| Square Footage | 6,531 |
| Acres | 3.60 |
| Year Built | 1940 |
| Type | Residential |
| Sub-Type | Single Family/Site Built |
| Style | Cottage |
| Status | Active |
Community Information
| Address | 3100 Highway 261 |
|---|---|
| Area | Buchanan/Llano County |
| Subdivision | None |
| City | Buchanan Dam |
| County | Llano |
| State | TX |
| Zip Code | 78609 |
Amenities
| Garages | Golf Cart Storage |
|---|---|
| View | Lake |
| Has Pool | No |
Interior
| Fireplace | Yes |
|---|---|
| # of Fireplaces | 1 |
| Stories | 1 Story |
| Has Basement | No |
Exterior
| Exterior | Stucco Masonry |
|---|---|
| Exterior Features | Separate Guest House, Storage Building |
| Lot Description | Commercial Potential |
| Roof | Metal |
| Foundation | Slab |
School Information
| District | Burnet |
|---|
Waterfront Information
| Is Waterfront | Yes |
|---|---|
| Waterfront Type | Lake |
| Waterfront | Lake Buchanan West |
Additional Information
| Date Listed | July 22nd, 2022 |
|---|---|
| Days on Market | 248 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Shella Leonard |
|---|---|
| Office | Century 21 Realty Network |