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$894,000

736 W Lakecrest Dr, Bluffton, TX, 78607

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,295 Sq Ft
price_per_sqft$271.32 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave, Range, Refrigerator
FlooringCarpet, Concrete, Tile

Exterior

Exterior FeaturesBoat Ramp, No Exterior Steps, Private Yard, Rain Gutters

Building Information

Year Built1975
Stories1
Roof Type104
Garage Spaces6

Land Information

APN34993
Lot Number221-224
SubdivisionIsland Village
Land UseResidential
Legal DescriptionISLAND VILLAGE SECTION 2 LTS 221 - 224
Census Tract970100
Assessed Land Value$358,130
Assessed Improvement Value$707,280
Assessment Year2025

About this property

THE SELLER SAYS 'MAKE A REASONABLE OFFER'. THIS IS A 'MUST SEE' PROPERTY. Main house built 2001 with breezeway connecting to guest house. Both homes provide a panoramic, 5-mile UNOBSTRUCTED open water view on nearly 300 feet of waterfront on Shaw Island, Lake Buchanan. Views include Rocky Point, Buchanan Dam, Black Rock Park and the shorelines toward Llano and Burnet. This beautiful and meticulously maintained property features waterfront enjoyment amenities like the oversized screened porch, bright and inviting sunroom, sculpture garden with meteorological devices to track weather patterns, wind velocity and lake stats. Boat barn storage and oversized garage house all the lake necessities! The concrete boat ramp and wide-open extensive property will accommodate the whole tribe for endless entertaining and maximum lake enjoyment. Two of the four WF lots could be a resale or new build site. Main house has an open concept living/dining to kitchen with banks of windows, expansive master with ensuite bath, extensive walk-in closet, discreet storm/safe room, dedicated office and powder bath. Across the breezeway, the guest house has a full, vintage kitchen with breakfast bar, cheery, water colored cabinetry, living space with glass doors and windows for a complete lake experience at all times- 3 bedrooms, 1.5 baths and a brightly lit lakeside sunroom. Sustainability features include above ground gasoline storage and two bulk water storage tanks. Oversized garage/workshop has tons of storage and half bath. For weekend or lifetime island living, or a lucrative short term rental investment opportunity, you must see it to appreciate this great investment. Only 1.5 hours from AUS and 2 hours from SAT airports.

Investor Tools

$0Estimated Mortgage Balance
$988,032Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,928 /month
Positive
Cash Flow Estimate:
$1,976 /month

Interested in this property?

Gayle Loyd

RE/MAX of Marble Falls

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,848
$988,032
2025
$358,130
$707,280
$1,065,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,848
$988,032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$988,032
100%
0%
$0/mo

City: Bluffton

736 W Lakecrest Dr | Property Details | No Agent List