501 Willow ST, Buchanan Dam TX 78609

Buchanan Dam, TX 78609 | Greenwood Acres

Ed's Opinion of Value

$188,280 Ed's Estimate: $371,816 $414,461
Lowest Comp Recommended List: $369,000 to $414,000 Highest Comp
After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $371,816. Pricing this home between $369,000 and $414,000 would put it in the competitive sweet spot for GREENWOOD ACRES. This would position the home competitively among 0 active listings in GREENWOOD ACRES. This home's larger footprint (307 sqft vs the comp average) plays a role in how the market prices it. At 30 years older than typical comps, the 1970 build date influences the valuation. Market data shows 78609 prices risen 22.2% over the last half year. The closest comparable sale, 126 Lakeview DR, Buchanan Dam TX 78609 at an adjusted $414,461, is with a smaller floor plan. With 6 comparable sales in GREENWOOD ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
4 Beds
3 Baths 2 Full, 1 Half
1,971 Sq Ft
0.5014 Acres
1970 Built

About This Property

Discover a rare opportunity to own a one-of-a-kind property in a highly sought-after location with TWO dwellings - just a short walk to the scenic shores of Lake Buchanan! Nestled on TWO generously sized lots, this versatile property features two separate dwellings, ideal for rental income potential, multigenerational living or guest accommodations.
The main house offers 2 bedrooms and 1 bathroom, an updated interior complete with wood tile flooring, beautiful alder cabinets, granite countertops, an open living room & kitchen area, fireplace, and an oversized covered back patio with lake views - perfect for entertaining or enjoying quiet evenings. A convenient carport provides covered parking and a storage room. The guest house enhances the property’s appeal with additional space and flexibility. The two-story guest house includes 2 bedrooms, 1.5 bathrooms and a 2-car garage. The open kitchen and living area is filled with natural light and leads to a private balcony - an ideal spot to sip your morning coffee or unwind with sunset views. With its unbeatable location near the lake, spacious lots, and flexible living options, this property is a rare gem full of possibilities. Don’t miss your chance to enjoy the best of lakeside living!

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Stone Counters
  • Open Floorplan
  • Primary Bedroom on Main

Location

Schools

School District BurnetCONSISD
Elementary Shady Grove
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Central Air, Wall/Window Unit(s)
Heating Central
Exterior Gutters Partial, No Exterior Steps, Private Yard
County Llano
MLS # 5458710

HOA & Community

HOA Fee $200 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $4,017 (2025)

Listing History

MLS# 5458710 112 days
Oct 8, 2025 Off Market
Sep 4, 2025 Price Change $415,000
May 22, 2025 Listed $440,000

Frequently Asked Questions About 501 Willow ST, Buchanan Dam TX 78609

When was 501 Willow ST, Buchanan Dam TX 78609 built?

501 Willow ST, Buchanan Dam TX 78609 was built in 1970.

How much does 501 Willow ST, Buchanan Dam TX 78609 cost?

501 Willow ST, Buchanan Dam TX 78609 sold on October 8, 2025. Contact us for sale price details.

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