$230,000

Estimated payment $1,440/month

Total Views 429
6 Beds
4 Baths
2,784 Sq Ft
$83 Price per Sq Ft

Highlights

  • 2.18 Acre Lot
  • No HOA
  • Patio
  • Deck
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

Investment Opportunity – 1701@1703 Roselea Dr, Buchanan Dam, TX This property offers two homes on 2.18 acres in the Texas Hill Country, presenting multiple income streams and long-term growth potential. ?? Key Investment Features • Dual Residences: • Main home: 3 bed / 2 bath, approx. 1,536 sq. ft. • Guest home: 3 bed / 2 bath, approx. 1,248 sq. ft. • Separate utilities and fenced yard for tenant privacy • Rental Potential: • Live in one home and rent the other • Lease both for steady cash flow • Short-term rental opportunity with proximity to Lake Buchanan and Black Rock Park • Value-Add Upside: • Both homes need cosmetic updates — ideal for investors seeking equity growth through renovations • Existing infrastructure (utilities, septic, HVAC) reduces upfront development costs • Location Advantage: • Minutes from public boat ramps and lake recreation • Easy access to Burnet, Marble Falls, and Horseshoe Bay • Hill Country acreage with mature oaks and gated entry ?? Investor Appeal • Multi-generational rental demand in the Hill Country • Vacation rental market driven by lake tourism • Land value appreciation in Buchanan Dam and surrounding areas With a list price of $230,000, this property offers strong potential for cash flow, equity growth, and long-term appreciation. Whether you’re a buy-and-hold investor, flipper, or short-term rental operator, 1701 @ 1703 Roselea Dr is a versatile asset ready to perform.

Listing Agent

William Teague

RE/MAX of Marble Falls License #0715482 Listed on: 11/25/2025

Co-Listing Agent

Chastity Teague

RE/MAX of Marble Falls License #0703416

Property Details

Home Type

  • Manufactured Home With Land

Year Built

  • Built in 2001

Lot Details

  • 2.18 Acre Lot
  • Lot Dimensions are 183 x 214 180 x 325
  • Fenced
  • Cleared Lot

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025733

Property Details

Home Type

Manufactured Home With Land

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Reso Property Sub Type: Manufactured On Land
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: HLM20
  • Co List Office Phone: 830-798-1443
  • Co List Office Mls Id: HLM20
  • Subdivision Name: Indian Hills
  • Directions: Head west on Tx 29, turn right onto CR 261 continue to down turn left on Lillian Dean then left on Roselea. Property on the left has address 1701 and 1703 on fence markers.
  • Reso Flooring: Laminate, Other
  • Reso Interior Features: Breakfast Bar, Pantry
  • Efficiency: Ceiling Fan(s)
  • Reso Structure Type: Manufactured House
  • Year Built: 2001
  • HLM_GarageCarport: 2 Car Carport
  • HLM_LandType: Cleared Land
  • HLM_SingleLevelLiving: Yes
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 2
  • HLM_GolfCourseLot: No
  • HLM_AgExempt: No
  • HLM_PropOwnFeeMand: No
  • HLM_PropOwnFeeFrequency: None
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Electric Range, Washer Hookup, Electric Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Acres: 2.18
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio, Deck

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Heating: Central, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Junior High Dist: Burnet

Lot Info

  • Lot Dimensions: 183 x 214 180 x 325
  • Lot Size Sq Ft: 94960
  • Parcel #: 025733

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $230,000 -- $83 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM175829

Highland Lakes Association of REALTORS®