1504 Ranch Road 261

$995,000
Price
10
Beds
7,021 Sq. Ft.
$142 / Sq. Ft.
7,021
Sq. Ft.
$142
per Sq. Ft.

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...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!
  1. Listed by Jason James • TREC #0477258 • Jesse James Real Estate
    P: (325)-423-4415 C: (325)-423-4415 jason@jjretx.com

Property Details for 1504 Ranch Road 261

Subdivision Name
none
Waterfront
Yes
Waterfront Description
Lake Front, Waterfront, Boat Ramp/Lift Access
Water Access Description
Municipal Utility District, Well
View
Hills, Lake, Water
View YN
Yes
Parcel Number
076087
Tax Lot
00
LISTING UPDATED: 11/13/2025 02:47 PM

Property Details for 1504 Ranch Road 261

StatusActive
MLS #2748339
Days on Market147
Taxes$8,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size2.38 AC / 103,672 SF
CountyLlano County

Location

Listing Courtesy of Jesse James Real Estate, Jason James, TREC #0477258
Add your commute

Building Information for 1504 Ranch Road 261

Stories1Year Built1960Building Size-Lot Size2.38 AC / 103,672 SF

Payment Calculator

$5,516 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,849

Property Taxes

$667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1504 Ranch Road 261

General Information
Parking
  • Garage Spaces: 4
  • Parking Total: 25
  • Parking Features: Attached Carport, Carport, RV Access/Parking, Storage
  • Carport: Yes
  • Garage: Yes
  • Covered Spaces: 4
Interior
  • Interior Features: Multiple Living Areas, Main Level Master, Storage
  • Flooring: Laminate, Linoleum, Wood
Exterior
  • Exterior Features: Boat Ramp, Rv Hookup
  • Construction Materials: Block, Frame
  • Foundation Details: Combination
  • Patio And Porch Features: Covered, Patio, Porch, Wrap Around
  • Water Body Name: Lake Buchanan
  • Roof: Composition
  • Fencing: Chain Link, Partial, Wood
  • Direction Faces: Northeast
  • Window Features: Drapes
  • Accessibility Features: None
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Gentle Sloping, Private, Views
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Other, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BeamedCeilings
Room 2
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: WalkInShower
Room 3
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: CeilingFans
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $682,000
  • Additional Parcels Description: oo
  • Tax Year: 2023
  • Tax Rate: 1.14%
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • 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.

Property History for 1504 Ranch Road 261

DateEvent & SourcePriceAppreciationLink
Nov 13, 2025

Price Change

ACTRIS #2748339

$995,000
Nov 6, 2025

Listed (Active)

ACTRIS #2748339

Sep 23, 2025

Pending

ACTRIS #2748339

Jul 25, 2025

Price Change

ACTRIS #2748339

$1,100,000
Jun 24, 2025

Listed (Active)

ACTRIS #2748339

$1,150,000
Nov 4, 2024

Listed (Active)

ACTRIS #4564587

$1,350,000
Sep 10, 2004

Sold

ACTRIS #3488506

Aug 12, 2004

Pending

ACTRIS #3488506

$395,000
Apr 1, 2004

Listed (Active)

ACTRIS #3488506

$395,000
DateEvent & SourcePrice
11/13/2025

Price Change

ACTRIS #2748339

$995,000
11/06/2025

Listed (Active)

ACTRIS #2748339

09/23/2025

Pending

ACTRIS #2748339

07/25/2025

Price Change

ACTRIS #2748339

$1,100,000
06/24/2025

Listed (Active)

ACTRIS #2748339

$1,150,000
11/04/2024

Listed (Active)

ACTRIS #4564587

$1,350,000
09/10/2004

Sold

ACTRIS #3488506

08/12/2004

Pending

ACTRIS #3488506

$395,000
04/01/2004

Listed (Active)

ACTRIS #3488506

$395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1504 Ranch Road 261

Taxable ValueLand$27,030Additions$432,820Total$459,850
Tax Record2025$3,324 ($277 / month)
Home Facts
Beds0Total Finished SqFt2,371 SqFtAbove Grade Finished SqFt2,371 SqFtStories1Lot Size81,893 SqFtStyleSingle Family ResidenceYear Built1960CountyLLANOAPN76087

Schools near 1504 Ranch Road 261

This home is within Burnet Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Burnet Elementary School
PublicPK to 2

Rj Richey Elementary School
Public3 to 5

Burnet Middle School
Public6 to 8

Burnet High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1504 Ranch Road 261 is a single family home for sale in Buchanan Dam, TX 78609. This property was listed for sale on June 24, 2025 by Jesse James Real Estate, it's currently listed at $995,000. It has been on the market for a total of 147 days and was last sold on September 10, 2004. This listing's school district is Burnet Consolidated Independent School District. Nearby schools include Burnet Elementary School, Rj Richey Elementary School and Burnet Middle School. 1504 Ranch Road 261 is a 10-bed, 7-bath, 7,021 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Jesse James Real Estate, Jason James, TREC #0477258

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.