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Buchanan Lake

Buchanan Lake

$543,968 Average Value
$318 Average Price per Sq Ft
106 Homes For Sale

Residents enjoy backyard access to Buchanan Lake's calm waters

Buchanan Lake is steeped in Hill Country allure, surrounded by grassy limestone and granite hills that bloom with wildflowers every spring. The neighborhood is both a warm-weather destination and a year-round community, named for the nearly 35-square-mile lake at its heart. “It’s beautiful,” says longtime local Bruce Jones, a Lake Homes Realty broker. “It’s got waterfalls on the north end, where the Colorado River flows in. Eagles nest over there.” Vanishing Texas River Cruises offers visitors lake tours, including glimpses of the cliffs where eagles nest, but residents of the community can cast off from their backyard and explore the calm waters anytime.

Public boat ramps and natural attractions around Buchanan Lake

Free public boat ramps are available on the east and west sides of the lake. The Buchanan Dam is on the southern end, and from there, the Colorado River flows into Inks Lake before meandering down to its confluence with the Llano River in Kingsland. Inks Lake State Park features 9 miles of trails that wind through a rocky landscape laden with bluebells and Indian paintbrushes in the springtime. Visitors come to hike, boat, kayak, fish and more. Spider Mountain Bike Park is a popular destination on the east side. It is the country’s only year-round lift-served bike park and has trails for mountain bikers of all levels, from its new Daddy Long Legs beginner trail to black diamond trails like Sticky Icky. The area is surrounded by many natural attractions, including the underground walkways at Longhorn Cavern State Park.

Lake homes range from mid $100,000s to $6 million

Jones says the neighborhood has a mix of full-time residents and folks who only summer by the lake. There’s a wide variety of homes, with prices differing greatly, depending on square footage, acreage and age. Manufactured homes cost between $140,000 and $500,000. Vintage midcentury cottages and ranch-style houses start around $175,000 and can quickly jump to $2 million. HOA fees, when applicable, vary between subdivisions. Most waterfront properties require flood insurance. Contemporary homes fall within a similar range, save for multi-acre, new-construction houses, which can climb to $4 million, and the occasional hundred-plus-acre hunting property, costing up to $6 million.

Llano ISD and Burnet ISD serve the Buchanan Lake area

Two school districts serve Buchanan Lake: Llano Independent School District and Burnet Consolidated Independent School District. Some streets to the west are zoned for Llano, graded B on Niche. Options include Packsaddle Elementary, graded C-plus, Llano Junior High, graded B-plus and B-rated Llano Senior High.Burnet serves the rest of the neighborhood. Students start at B-rated Grove Elementary, before going to RJ Richey Elementary for Grades 3-5 and Burnet Middle for Grades 6-8, both of which earn a B-minus. Burnet High is graded B. Burnet High and Llano High offer dual enrollment opportunities with Angelo State University.

Hooper’s in Kingsland is a must-visit for horror fans

Jones says residents tend to run errand in Kingsland or Burnet. Kingsland is about 15 miles away, depending on where the trip starts. The unincorporated town’s main drag is lined with a mix of local and chain businesses.

H-E-B and Dollar General are the main places to grab essentials. Hooper’s is a local favorite – and a national attraction for horrorheads – serving classic Southern fare inside the iconic farmhouse where “The Texas Chainsaw Massacre” was filmed.

Burnet is 9 miles from the south end of the lake. Shopping options are similar to Kingsland’s, including H-E-B and Dollar General, but it also has the nearest hospital, Ascension Seton Highland Lakes.

Buchanan Lake is 80 miles northwest of Austin

The neighborhood is about 80 miles northwest of Austin. Texas State Highway 29 takes drivers halfway before it intersects U.S. Route 183, which runs through the city. Austin-Bergstrom International Airport is closer to 90 miles away. San Antonio is around 112 miles south.
Micaela Willoughby
Written By
Micaela Willoughby

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Michelle Hendrix, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Buchanan Lake US
Homicide 2 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Buchanan Lake Demographics and Home Trends

Housing Trends

Median List Price
$450,000
Median Sale Price
$352,500
Median Single Family Sale Price
$408,000
Median Change From 1st List Price
8%
Last 12 months Home Sales
122
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$318

Neighborhood Facts

Number of Homes in Neighborhood
1,195
Number of Homes for Sale
106
Median Year Built
1983
Months of Supply
10.40
Average Single Family Home Size Sq Ft
1,884
On par with the national average
1,927
Median Lot Size Sq Ft
21,344

Open Houses

  • Sunday, Jul 20
    1 - 5pm

    400 N Chaparral, Burnet, TX 78611

    $850,900

    • 3 Beds
    • 3 Baths
    • 2,332 Sq Ft
    • 400 N Chaparral

    WATERFRONT Hill Country Oasis! Located on a quiet cove. Water is up and just steps away from the back door. Come on into this open floor plan with a large picture window showing the large cove of Lake Buchanan. Entertain a large group with the island kitchen and large peninsula, great for serving and preparing meals. Flow out to the covered back porch or the party deck and watch all the water

    Liz Andrews Elizabeth Andrews, Broker

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  • Saturday, Jul 19
    11am - 12:30pm

    604 N Inwood Rd, Burnet, TX 78611

    $874,500

    • 3 Beds
    • 3 Baths
    • 3,420 Sq Ft
    • 604 N Inwood Rd

    *Seller Says "BRING ALL OFFERS"* This stunning hill country estate is nestled within the gated community of Inks Lake Village, offering breathtaking views of Inks Lake &Inks Lake State Park. Nearby hiking, wineries, boating & golfing makes this property the ideal short term rental, primary home or weekend getaway. This meticulously maintained home was custom built by the current owners in 2002

    Brittany Maxwell Compass RE Texas, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Michelle Hendrix, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
6,036
Median Age
61
Population under 18
14.6%
Below the national average
23.8%
Population over 65
41.3%
Above the national average
19.1%

Finances

Median Household Income
$59,226
Below the national average
$71,702
Average Household Income
$81,216

Education and Workforce

High School Graduates
94.1%
College Graduates
26%
Below the national average
34.1%
Advanced Degrees
12.5%
% Population in Labor Force
44.7%
Below the national average
65.1%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
38°F
Average Summer High Temperature
94°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

20 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Buchanan Lake