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$1,095,000

208 Iris Ln, Buchanan Dam, TX, 78609

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,375 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$324.44 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range, Ice Maker, Microwave, Electric Water Heater
FlooringConcrete, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Private Yard

Building Information

Year Built1972
Stories1
Roof Type115
Garage Spaces2

Land Information

APN8395
Lot Number17-19
SubdivisionFloyd Acres
Land UseResidential
Legal DescriptionFLOYD ACRES LTS 17-19
Census Tract970600
Assessed Land Value$211,680
Assessed Improvement Value$421,070
Assessment Year2025

About this property

Discover an exclusive waterfront retreat on Lake Buchanan—a rare find offering 1.3 acres of Texas Hill Country beauty with approx. 334 ft of private waterfront. This 3,375 sq ft, 4-bed, 3-bath home is perfectly positioned to capture wide-open lake views and deliver the best of lakeside living. Inside, enjoy a bright, open layout with expansive living and dining spaces that flow into a modern kitchen featuring quartz counters, a gas range, open shelving, and sleek tile backsplash. A newly added sunroom houses a private hot tub room overlooking the lake, creating a relaxing year-round retreat. Other highlights include a luxurious walk-in tile shower, a dedicated craft room, and 2 bedrooms that enjoy peaceful water views. Recent upgrades include a new LCRA-approved septic system (2025), new roof (2020), updated windows, HVAC, well house, driveway, and fresh paint inside and out. The lake is full and ready for fun—enjoy boating, fishing, and swimming just steps from your backyard. During lower lake levels, explore the expanded shoreline, natural rock features, and hidden trails. Whether you're looking for a primary residence, weekend getaway, this lakefront gem delivers comfort, space, and unbeatable waterfront living.

Investor Tools

Property Icon
$964,000
Estimated Property Value
$465,500Estimated Mortgage Balance
$542,150Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,570 /month
Positive
Cash Flow Estimate:
$2,190 /month

Interested in this property?

Katie Simon

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,300
$632,750
2025
$211,680
$421,070
$632,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,300
$632,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Conventional
$465,500
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,663
$454,337
51%
44%
$2,791/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Buchanan Dam

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208 Iris Ln | Property Details | No Agent List