516 Island Lodges Dr Buchanan Dam, TX $ 920,000
516 Island Lodges Dr
$ 920,000
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516 Island Lodges Dr

Buchanan Dam, TX, 78609
$ 920,000
Bedrooms3 Baths3.1 Sq 2,878

Monthly Estimate*

$ 5,809

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Single Family Home for sale in Buchanan Dam, TX

for $920,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,878 square foot home was built in 1980 on a lot size of 0.2905.

Distinctive and tranquil living embraces you at 516 Island Lodges Drive on Lake Buchanan. Completely renovated and expanded in 2023, this retreat offers approximately 136 feet of waterfront. Upon entry, you will find over 650 square feet of flex space with a half bath and sliding glass door leading to the lake, hot tub, and patio. Around the corner, the great room brings together living, dining, and a thoughtfully-designed kitchen with custom cabinetry, pull-out shelving, a large pantry, double ovens, microwave drawer, and induction cooktop (plumbed for gas if you prefer). Picture windows and sliding glass doors provide beautiful panoramic views of the lake and its ecosystem. Two primary suites are in the main house: one with an oversized spa tub and separate shower, and the other with barrier-free entry shower. Both suites offer walk-in closets with built-in shelving. A utility room with built-in shelving and storage is conveniently located between the suites. Just steps from the main house, a detached, multi-use one-bedroom casita offers its own living area with picture windows, kitchenette, and full bath perfect for rental income generation, work space, or family and guests. The boat dock with electric lift, fish-cleaning station, and adjustable cable system allows you to take advantage of the deeper water located at the end of the peninsula. Upgrades include a whole-home generator with a buried 500-gallon propane tank, new HVAC, new septic system, reverse-osmosis water filtration, water softening systems, adjustable lighting, and a revamped drainage system. Island Lodges is a peninsula community made up of full- and part-time residents, many of whom have lived and/or vacationed here for multiple generations. In a world that has become both too hectic and rapidly-changing, 516 Island Lodges Drive offers a sanctuary of serenity and the opportunity to enjoy lake life with family and friends. Join us as soon as you can!

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Single Family Active

Price

$ 920,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 6,470

Style

Single Family Residence

Lot Size

0.2905

Year Built

1980

Town/City

Buchanan Dam

County/Region

Llano

MLS | Web ID

8244786

Features
General
Living Area 2878
Sewer Septic Tank
Heating Central Electric
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Other Propane Water Connected
Roof Metal
Appliances Built-In Oven(s) Dishwasher Disposal Induction Cooktop Microwave Double Oven Water Purifier Water Softener
HOA Fee 200
Garage Spaces 1
Association Fee Includes See Remarks
Patio/Porch Features Patio
Pool Features None
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick Cement Siding Wood Siding
Year Built 1980
View Lake Panoramic Water
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Lake Front Waterfront
Community Features Fishing Lake
Accessibility Accessible Approach with Ramp Accessible Bedroom Accessible Closets Accessible Doors Accessible Full Bath Accessible Hallway(s) Standby Generator
Assoc Fee Paid Per Annually
County Llano
New Construction N
Property Type Residential
HOA Y
Energy Efficient None
Subdivision Name Island Lodges
Facing Direction North
Green Sustainability None
Other Structures Guest House
Full Baths 3
Status Active
Directions Traveling through Burnet take west Hwy 29 then turn right onto Island Lodges Dr. Traveling through Kingsland head north on Hwy 1431 to Hwy 29. Turn right onto Hwy 29 then left onto Island Lodges Dr.
High School Burnet
City Buchanan Dam
Body of Water Lake Buchanan
Disclosures Seller Disclosure Seller Provided Survey Available
Association Name ISLAND LODGES
MLS Area LL
Lot Size Square Feet 12654.18
Spa Features Hot Tub
Elementary School Burnet
Tax Annual Amount 6468.22
Middle/Junior High School Burnet (Burnet ISD)
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Builder Name UNKNOWN
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 532570
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Interior
Interior Amenities Two Primary Suties Ceiling Fan(s) Quartz Counters Crown Molding Double Vanity Kitchen Island Low Flow Plumbing Fixtures Multiple Dining Areas Multiple Living Areas No Interior Steps Pantry Primary Be
Flooring Carpet Laminate Tile
Total Fireplaces 0
Window Features Window Coverings
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Boat Dock - Private Boat Lift
Fencing None
Parking Features Concrete Detached Garage Garage Door Opener
Lot Features Cul-De-Sac Landscaped
Water Source Public
Total Parking 6
Foundation Details Slab
Lot Size Acres 0.2905
Waterfront Y/N Y
Covered Spaces 1
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Priscilla Canales

Listing Agent

Phyllis Browning Company

Broker

priscillacanalesproperties@gmail.com

Email

Affordability Calculator

$6,348
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,809
Monthly Property Taxes
$539
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5285993 Elementary School
5285980 Middle School
Burnet High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$920,000 Listed Price

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516 Island Lodges Dr, Buchanan Dam, TX, 78609 is a Single Family Home for sale at $920,000 with 2,878 sqft and a lot size of 0.2905. 516 Island Lodges Dr has 3 bedrooms, 3.1 baths, and was built in 1980. The property's zip code is 78609 which is in Buchanan Dam, TX