
516 Island Lodges Dr Buchanan Dam, TX 78609
Buchanan Lake NeighborhoodEstimated payment $6,765/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2025 08/19/25 | For Sale | $1,150,000 | -- | $400 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $80,000 | Credit Line Revolving |
About the Listing Agent

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
Katie's Other Listings
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM174773

APN: 7967
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