1504 Rr 261 Buchanan Dam

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

Property Details for 1504 Rr 261 Buchanan Dam

High School District
Burnet
Stories Total
1
Subdivision Name
None
View
Hill Country,Lake,Panoramic
Year Built
1960
LISTING UPDATED: 12/12/2025 11:04 PM

Property Details for 1504 Rr 261 Buchanan Dam

StatusActive
MLS #175684
Days on Market49
Taxes-
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 H James, TREC #0477258
Add your commute

Building Information for 1504 Rr 261 Buchanan Dam

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

Payment Calculator

$4,917 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,917

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1504 Rr 261 Buchanan Dam

Summary
Location and General Information
  • 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.
  • Flood Zone: No
  • Waterfront: Lake Buchanan West
  • Waterfront Footage: 262
Taxes and HOA
  • Taxes Per Hundred Dollar Valuation: 1.14
  • Parcel Number: 076087
Parking
  • Parking Features: Electric Gate
Property
Lot Information
  • Green Energy Efficient: Ceiling Fan(s)
  • Golf Course Lot: No
  • Land Type: Commercial Potential
  • Lot Size Acres: 2.38
  • Lot Size Dimensions: irreg
  • Lot Size Square Feet: 103672.0
Property and Assessments
  • Documents Available: Aerial Photos,Legal Description,Septic Certification,Survey
  • Single Level Living: Yes
  • Living Area: 7021.0
  • Living Area Source: Agent
  • Photos Count: 26
Utilities
  • Owned To Water: Unknown
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Appliances: Dishwasher,Dryer,Electric Range,Refrigerator,Washer
  • Fireplace Features: One
  • Flooring: Ceramic Floor,Hardwood,Tile
  • Foundation Details: Pier & Beam,Slab
  • Room: Kitchen,Laundry,Utility Room Inside,Main Level Master Bdrm
  • Bedrooms Total: 10
  • Bathrooms Full: 7
  • Bathrooms Half: 0
Exterior Features
  • Construction Materials: Block,Wood Siding
  • Fencing: Chain Link
  • Water Amenities: Boat Ramp,Fishing Pier,Retaining Wall
  • Roof: Composition,Metal
  • Waterfront Features: Open Water
Multi Family
Multi Family Information
  • Number Of Residences: 4
Rental
Rent Information
  • Occupied: Yes
  • Restrictions: No

Property History for 1504 Rr 261 Buchanan Dam

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Listed (Active)

Highland Lakes AOR #175684

$995,000—
Oct 10, 2025

Expired

Highland Lakes AOR #172886

$1,100,000—
Sep 11, 2025

Pending

Highland Lakes AOR #172886

—
Jun 23, 2025

Price Change

Highland Lakes AOR #172886

$1,150,999—
Jun 23, 2025

Price Change

Highland Lakes AOR #172886

$1,150,000—
May 8, 2025

Price Change

Highland Lakes AOR #172886

$1,199,999—
Apr 10, 2025

Listed (Active)

Highland Lakes AOR #172886

$1,250,000—
Apr 2, 2025

Expired

Highland Lakes AOR #170580

$1,250,000—
Oct 1, 2024

Listed (Active)

Highland Lakes AOR #170580

$1,350,000—
DateEvent & SourcePrice
11/12/2025

Listed (Active)

Highland Lakes AOR #175684

$995,000
10/10/2025

Expired

Highland Lakes AOR #172886

$1,100,000
09/11/2025

Pending

Highland Lakes AOR #172886

—
06/23/2025

Price Change

Highland Lakes AOR #172886

$1,150,999
06/23/2025

Price Change

Highland Lakes AOR #172886

$1,150,000
05/08/2025

Price Change

Highland Lakes AOR #172886

$1,199,999
04/10/2025

Listed (Active)

Highland Lakes AOR #172886

$1,250,000
04/02/2025

Expired

Highland Lakes AOR #170580

$1,250,000
10/01/2024

Listed (Active)

Highland Lakes AOR #170580

$1,350,000

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

Schools near 1504 Rr 261 Buchanan Dam

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.

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1504 Rr 261 Buchanan Dam is a single family home for sale in Buchanan Dam, TX 78609. This property was listed for sale on November 13, 2025 by Jesse James Real Estate, it's currently listed at $995,000. 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 Rr 261 Buchanan Dam 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 H James, TREC #0477258

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/02/2026 04:00 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.