




$970,000
516 Island Lodges Dr, Buchanan Dam, TX, 78609
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About this property
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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Buchanan Dam
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