About 1504 Rr 261
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: 13 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!
Features of 1504 Rr 261
| MLS® # | 175684 |
|---|---|
| Price | $995,000 |
| Bedrooms | 10 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 7,021 |
| Acres | 2.38 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1504 Rr 261 |
|---|---|
| Subdivision | None |
| City | Buchanan Dam |
| County | Llano |
| State | TX |
| Zip Code | 78609 |
Amenities
| Parking | Electric Gate |
|---|---|
| View | Hill Country, Lake, Panoramic |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Electric Range, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | One |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Roof | Composition, Metal |
|---|---|
| Construction | Block, Wood Siding |
| Foundation | Pier & Beam, Slab |
School Information
| District | Burnet |
|---|
Waterfront Information
| Is Waterfront | Yes |
|---|---|
| Waterfront Type | Open Water |
| Waterfront | Lake Buchanan West |
Additional Information
| Date Listed | November 13th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Jason James |
|---|---|
| Office | Jesse James Real Estate |