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1504 Ranch Rd #261, Buchanan Dam, TX, 78609

3beds
2baths
7,021sqft
$995,000
$142price/sqft
$6,924/moest. monthly cost
$276,960/yrincome needed

About This Home

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!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
4/10
Burnet Middle SchoolGrades 6-813.4 mi
6/10
Burnet High SchoolGrades 9-1213.7 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Traditional
  • Property subType: Residential,Manufactured Home

Interior

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s)
  • Fireplace features: Masonry
  • Fireplace: Yes

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 7,021
  • Total interior livable area: 7,021 sqft

Property

Details

  • Zoning: None

Features

  • Levels: One
  • Patio & porch: Deck/Patio
  • Fencing: Privacy
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Residential vegetation: Wooded
  • Living area range: 7000-7999

Lot

  • Lot size: 2.38 Acres
  • Features: Outside City(w/Acrg)