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$995,000

NAL Estimated Property Value

1504 Ranch Road 261, Buchanan Dam, TX, 78609

$1,293,500 ARVInfo
Off MarketInfo
Beds10 Beds
Baths7 Bath
Baths7,021 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.72 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 10Bedrooms 10
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 5Bathrooms Half 5
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.88 acres

Building Information

Year Built1960
Stories1

Land Information

APN76087 02
SubdivisionA Anglin Abstract #2
Land UseSingle Family Residence
Legal DescriptionA ANGLIN ABST #2 1.88 AC
Census Tract970600
Assessed Land Value$27,030
Assessed Improvement Value$432,820
Assessment Year2025

About this property

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: 14 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!

Investor Tools

Property Icon
$776,000
Estimated Property Value
$0Estimated Mortgage Balance
$776,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,293,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,324
$414,473
2025
$27,030
$432,820
$459,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,324
$414,473

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$743,000
100%
0%
$0/mo

City: Buchanan Dam

1504 Ranch Road 261 | Property Details | No Agent List