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1365 Norma Lane, Tow, TX, 78672

3beds
2baths
1,320sqft
$239,900
$182price/sqft
$1,597/moest. monthly cost
$63,880/yrincome needed

About This Home

Clean, updated, and sitting on just about an acre—this one checks a lot of boxes without breaking the bank. Welcome to 1365 Norma in Buchanan Lake Village, a remodeled 3-bedroom, 2-bath home offering 1,320 sq ft of comfortable living space. Originally built in 1969, the home has been thoughtfully updated with new plumbing and a new A/C system, giving you peace of mind where it counts. Inside, you’ll find a functional layout with plenty of natural light, plus a bonus sunroom/exercise room stretching across the back—perfect for a home gym, hobby space, or just a quiet place to unwind. Outside is where this property really shines. Sitting on approximately 1 acre, there’s room to spread out, park your toys, or even expand. You’ve got a covered carport in front of the home, plus an additional covered area at the garage/warehouse to the side—ideal for storage, projects, or small business use. Located in Buchanan Lake Village, you’re just minutes from the lake while still enjoying space and privacy. This is a solid opportunity for a full-time residence, weekend place, or investment.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

3/10
4/10
Burnet Middle SchoolGrades 6-814.0 mi
6/10
Burnet High SchoolGrades 9-1214.1 mi

Construction

Condition

  • Year built: 1969

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Wood Siding,Brick,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Electric Water Heater,Water Softener

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Pantry,Sink - Pedestal
  • Flooring: Carpet,Hard Tile,Laminate,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,320
  • Total interior livable area: 1,320 sqft

Property

Details

  • Parcel number: 019912

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Chain Link,Cross Fenced
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: No

Lot

  • Lot size: 0.99 Acres
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: 2 Car Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Hail
Lightning
Tornado
Winter Weather
Cold Wave
Drought
Heat Wave
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$106$1,272
Property Taxes $40$480
Electricity $238$2,859
Total$1,597$19,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,754/yr
40% on housing$47,910/yr
45% on housing$42,586/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 78672$389
Llano County$415

vs Homes Sold Last Month

Median $/sqft

ZIP 78672
Llano County$249

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-26Listed for sale$250,000
2025-03-31Listing removed$215,000
2025-03-20Contingent$215,000
2024-12-28Price change$199,500
2024-11-19Price change$215,000
2024-10-04Listed for sale$225,000
2024-08-18Listing removed--
2024-07-23Price change$225,000
2024-04-19Price change$240,000
2024-02-17Price change$246,000
2024-02-02Price change$247,000
2023-10-04Price change$250,000
2023-09-21Price change$268,000
2023-08-28Listed for sale$298,000

For Sale by Agent

AgentKatie A Simon
BrokerageLake Life Team-eXp Realty

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