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1504 Rr 261, 
Buchanan Dam, TX 78609

$995,000


10

Beds


7

Baths


7,021

Sq Ft


Single Family

Active

Listed by

Jason James

Jesse James Real Estate

Last updated:

December 17, 2025, 06:31 PM

MLS#

175684

Source:

TX HLAR

About This Home

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!

Home Facts

Single Family

7 Baths

10 Bedrooms

Built in 1960

Price Summary

995,000

$141 per Sq. Ft.

MLS #:

175684

Last Updated:

December 17, 2025, 06:31 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

7,021 Sq. Ft.


Structure

Structure

Building Area:

7,021 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

103,672


Finances & Disclosures

Finances

Price:

$995,000

Price per Sq. Ft:

$141 per Sq. Ft.

Source:TX HLAR
Copyright 2026 Highland Lake Association of Realtors. Information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.