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1504 RR 261 7,500 SF Specialty Building Offered at $995,000 in Buchanan Dam, TX 78609

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INVESTMENT HIGHLIGHTS

  • Waterfront - 7.5 Mile Open Water View - Unrestricted - Income Producing - Fast Growing Market!

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Price $995,000
Price Per SF $132.67
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Trailer/Camper Park
  • Specialty Marina
Building Class B
Lot Size 2.38 AC
Building Size 7,500 SF
No. Stories 1
Year Built 1960
Opportunity Zone Yes
Zoning None - Unrestricted
  • Listing ID: 33663744

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 1504 RR 261, Buchanan Dam, TX 78609

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