516 Island Lodges DR, Buchanan Dam TX 78609

Buchanan Dam, TX 78609 | Island Lodges

Market Analysis

$166,553 Ed's Estimate: $380,240 $998,374
Lowest Comp Recommended List: $412,000 to $441,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $380,240. If we were to list this property today, I'd recommend a list price in the $412,000 to $441,000 range. This pricing would rank the home as no active comparable homes on the market in ISLAND LODGES's current inventory. This home's larger footprint (1,076 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.29 acres versus 0.53 for the typical comp. The 6 month price trend in 78609: risen 22.2%. The best comp here is 247 Peninsula DR, Burnet TX 78611 at an adjusted value of $998,374, with a larger floor plan and a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
3 Beds
4 Baths 3 Full, 1 Half
2,878 Sq Ft
0.2905 Acres
1980 Built
1 Garage

Property Highlights

Waterfront Lake Buchanan ยท Lake Front, Waterfront

Location

Schools

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

Property Details

Property Type Residential
Flooring See Remarks, Tile
Cooling Ceiling Fan(s), Central Air
Heating Central
County Llano

Parking

Garage 1 spaces

HOA & Community

HOA Fee $200 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 4863288 112 days
Dec 15, 2025 Off Market
Oct 24, 2025 Price Change $995,000
Aug 25, 2025 Listed $1,150,000

Frequently Asked Questions About 516 Island Lodges DR, Buchanan Dam TX 78609

When was 516 Island Lodges DR, Buchanan Dam TX 78609 built?

516 Island Lodges DR, Buchanan Dam TX 78609 was built in 1980.

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