About 501 Willow St
Discover a rare opportunity to own a one-of-a-kind property in a highly sought-after location with TWO dwellings - just a short walk to the scenic shores of Lake Buchanan! Nestled on TWO generously sized lots, this versatile property features two separate dwellings, ideal for rental income potential, multigenerational living or guest accommodations. The main house offers 2 bedrooms and 1 bathroom, an updated interior complete with wood tile flooring, beautiful alder cabinets, granite countertops, an open living room & kitchen area, fireplace, and an oversized covered back patio with lake views - perfect for entertaining or enjoying quiet evenings. A convenient carport provides covered parking and a storage room. The guest house enhances the property’s appeal with additional space and flexibility. The two-story guest house includes 2 bedrooms, 1.5 bathrooms and a 2-car garage. The open kitchen and living area is filled with natural light and leads to a private balcony - an ideal spot to sip your morning coffee or unwind with sunset views. With its unbeatable location near the lake, spacious lots, and flexible living options, this property is a rare gem full of possibilities. Don’t miss your chance to enjoy the best of lakeside living!
Features of 501 Willow St
| MLS® # | 173527 |
|---|---|
| Price | $440,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,852 |
| Acres | 0.50 |
| Year Built | 1970 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 501 Willow St |
|---|---|
| Subdivision | Greenwood Acres |
| City | Buchanan Dam |
| County | Llano |
| State | TX |
| Zip Code | 78609 |
Amenities
| Amenities | Other |
|---|---|
| Garages | 1 Car Carport, 2 Car Detached Garage |
| Has Pool | No |
Interior
| Appliances | Dryer, Microwave, Gas Range, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | One |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Composition |
| Construction | Block, Stone |
| Foundation | Slab |
School Information
| District | Burnet |
|---|
Waterfront Information
| Is Waterfront | No |
|---|---|
| Waterfront Type | None |
| Waterfront | Yes/Other |
Additional Information
| Date Listed | May 23rd, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 200 |
| HOA Fees Freq. | Annually |
Listing Details
| Agent | Laura Smith |
|---|---|
| Office | Thrive Realty |