$792,000
518 Island Lodges Dr, Buchanan Dam, TX, 78609
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This Lake Buchanan waterfront home is on the Island Lodges peninsula overlooking Buchanan Dam. Built in 1968, this (approx) 2230sqft home is right off TX Hwy 29, making it a breeze to get to Kingsland, Llano, Burnet, or Marble Falls for shopping and entertainment. Ithas been updated for today's livability while maintaining some nostalgia from the 60's. There are 4 bedrooms, 2 and 1/2 baths, and anopen living area. The galley kitchen is complete with custom drawers, quartz countertops, a 5-burner LP gas cooktop, and double ovens.There are many custom display storage spaces throughout the house and a dual-purpose pantry/utility room. A 2-car garage conversionhas created a fourth bedroom/hobby area/ or office, with an outside entrance and space for storage or a workshop. The small lot makesmaintenance a breeze but has about 90 feet of waterfront that offers space for entertaining. The sale includes a 5-person Marquis hottub on a covered back porch. LCRA approved Aerobic Septic System. The sale consists of a 38'x30' all aluminum Wahoo moveable/retractable floating dock with a 50' gangway and concrete walkway when water is done. The boat slip is currently occupied by a 2006Bennington 11-person pontoon boat w/ a 135 HP Honda outboard motor, skis, knee board, and towable. The jet ski lift is currently set upto hold six kayaks, 4 of which are also included, along with a canoe, fishing gear, 2 rocking chairs, a table w/ 6 chairs, 3 storage boxes, aswim ladder, and a fish cleaning station.
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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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