$1,150,000

Estimated payment $6,765/month

Total Views 712
3 Beds
3.5 Baths
2,878 Sq Ft
$400 Price per Sq Ft

Highlights

  • Hot Property
  • Open Water Access
  • Panoramic View
  • 136 Feet of Waterfront
  • Spa
  • Custom Home

About This Home

Embrace luxurious waterfront tranquility at 516 Island Lodges on beautiful Lake Buchanan. Completely remodeled and expanded in 2023, this single-level 2/2.5 custom home was carefully designed for optimal beauty and function and offers approximately 136 feet of prime waterfront along the west shore of the lake, with expansive sliding glass doors and picture windows framing spectacular views across the water. The open-concept main residence features a spacious lake-facing great room comprised of modern kitchen, dining, and living areas. Both bedrooms have ensuite baths (one fully handicap accessible). Also, you’ll find a lakeside half bath, a large utility room and spacious office/family room. Only feet away, a separate building houses a one-car garage and casita with its own kitchenette, living area, 1 bedroom and 1 bath—perfect for visitors and/or potential rental income. Each dwelling enjoys its own HVAC and water heater, and benefits from a RO filtration system and shared whole home generator. Outside are well-kept grounds with sprawling oaks, a covered boat dock with electric lift and fish-cleaning station, and a lakeside patio with a hot tub for relaxing evenings. With nearly 0.29 acres and panoramic views from every room, this serene retreat blends modern amenities with classic lake living. Don’t miss your chance to enjoy sunrises, gentle breezes, and starry nights from your own slice of Hill Country paradise.

Listing Agent

Katie Simon

Lake Life Team-eXp Realty License #0685421 Listed on: 08/19/2025

Lake Life Team-eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 1980

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 73x109x136x150
  • 136 Feet of Waterfront
  • Landscaped
  • Cleared Lot

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Hill Country

Home Design

  • Custom Home
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,878 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible
  • Stepless Entry

Outdoor Features

  • Spa
  • Open Water Access
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Island Lodges Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007967

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,932

Year Built

Built in 1980

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • View: Hill Country, Lake, Panoramic
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: Paved Road
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Other
  • Co List Office Mls Id: HLM1196
  • Subdivision Name: Island Lodges
  • Directions: Hwy 29 Buchanan Dam, Turn on Island Lodges and follow to house on the right
  • Architectural Style: Custom
  • Reso Flooring: Hard Tile, Hardwood, Vinyl
  • Reso Interior Features: Wet Bar, Breakfast Bar, Crown Molding, Granite Counters, Handicap Access, Pantry, Recessed Lighting, Split Bedroom, Walk-In Closet(s), No Steps to Entry
  • Efficiency: Ceiling Fan(s), Windows
  • Year Built: 1980
  • HLM_GarageCarport: 1 Car Detached Garage,Garage Door Opener,Front Entry
  • HLM_LandType: Cleared Land
  • HLM_Room: Bonus Room,Great Room,Kitchen,Laundry,Living Room,Study/Office,Utility Room Inside,Main Level Master Bdrm
  • HLM_SingleLevelLiving: Yes
  • HLM_FloodZone: Yes
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: Lake Buchanan West
  • HLM_NumberOfResidences: 2
  • HLM_GolfCourseLot: No
  • HLM_AgExempt: No
  • HLM_WaterfrontFootage: 136
  • HLM_WaterAmenities: 1 Stall Boat Dock w/ Elec,Boat Dock,Boat Ramp,Electric Lift,Fishing Dock,Floating Boat House,Floating Dock,Lake Pump,Retaining Wall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Ice Maker, Microwave, Refrigerator, Washer Hookup, Electric Water Heater, Cooktop, Wall Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Exterior Features: Courtyard, Rain Gutters, Hot Tub, Handicap Access
  • Roof: Metal
  • Fencing: None
  • Acres: 0.29
  • Waterfront Features: Open Water
  • Construction Type: Wood Siding, Brick, HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Heating: Central, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park, Water
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Junior High Dist: Burnet

Lot Info

  • Lot Dimensions: 73x109x136x150
  • Lot Size Sq Ft: 12871
  • Parcel #: 007967

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,932 $476,160 $184,280 $291,880
2023 $5,708 $513,280 $173,417 $398,355
2022 $6,264 $463,800 $175,500 $288,300
2021 $5,574 $379,300 $129,940 $249,360
2020 $4,539 $296,839 $129,940 $236,140
2019 $4,254 $269,854 $129,940 $219,790
2018 $3,955 $245,322 $129,940 $209,960
2017 $3,690 $223,020 $88,590 $134,430
2016 $3,609 $218,100 $88,590 $129,510
2015 -- $216,910 $88,590 $128,320
2014 -- $229,110 $100,790 $128,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $1,150,000 -- $400 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $80,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Katie Simon

Lake Life Team-eXp Realty

(737) 379-7678

Section Image

Katie Simon is a licensed REALTOR® with the Lake Life Team at eXp Realty, specializing in residential and commercial real estate in Llano and Burnet County. With over five years of experience, Katie has successfully helped buyers, sellers, and investors reach their real estate goals. Her family’s roots in Llano County date back to 1965, giving her unique local knowledge. She is skilled in market analysis, negotiation, and effective property marketing. In 2024, Katie completed advanced real

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Source: Highland Lakes Association of REALTORS®

MLS Number: HLM174773

Highland Lakes Association of REALTORS®

APN: 7967