Land for Sale - 1504 Ranch Road 261, Buchanan Dam, TX 78609 - 2.32 acres

2.3 Acres - 4 Homes - Lake Buchanan

1504 Ranch Road 261, Buchanan Dam, TX | Lat/Lng:  30.7474, -98.4536

$995,000
2.32 ac.
10/03/2024
ACTIVE
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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!

Details

CountyLlano
Zipcode78609
Property Type OneRecreational Property
Property Type TwoResidential Property
Property Type ThreeLakefront Property
BrokerageJesse James Real Estate
Brokerage Linkwww.jessejamesrealestate.com
Land Listing Agent Photo
Jesse James
Jesse James Real Estate
(325) 248-0818
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