516 Island Lodges DR, Buchanan Dam TX 78609

Buchanan Dam, TX 78609 | Island Lodges

$920,000 $320/sqft
3 Beds
4 Baths 3 Full, 1 Half
2,878 Sq Ft
0.2905 Acres
1980 Built
1 Garage

About This Property

Distinctive and tranquil living embraces you at 516 Island Lodges Drive on Lake Buchanan. Completely renovated and expanded in 2023, this retreat offers approximately 136 feet of waterfront.
Upon entry, you will find over 650 square feet of flex space with a half bath and sliding glass door leading to the lake, hot tub, and patio.

Around the corner, the great room brings together living, dining, and a thoughtfully-designed kitchen with custom cabinetry, pull-out shelving, a large pantry, double ovens, microwave drawer, and induction cooktop (plumbed for gas if you prefer). Picture windows and sliding glass doors provide beautiful panoramic views of the lake and its ecosystem.

Two primary suites are in the main house: one with an oversized spa tub and separate shower, and the other with barrier-free entry shower. Both suites offer walk-in closets with built-in shelving. A utility room with built-in shelving and storage is conveniently located between the suites.

Just steps from the main house, a detached, multi-use one-bedroom casita offers its own living area with picture windows, kitchenette, and full bath perfect for rental income generation, work space, or family and guests.

The boat dock with electric lift, fish-cleaning station, and adjustable cable system allows you to take advantage of the deeper water located at the end of the peninsula.

Upgrades include a whole-home generator with a buried 500-gallon propane tank, new HVAC, new septic system, reverse-osmosis water filtration, water softening systems, adjustable lighting, and a revamped drainage system.

Island Lodges is a peninsula community made up of full- and part-time residents, many of whom have lived and/or vacationed here for multiple generations.

In a world that has become both too hectic and rapidly-changing, 516 Island Lodges Drive offers a sanctuary of serenity and the opportunity to enjoy lake life with family and friends. Join us as soon as you can!

Property Highlights

Waterfront Lake Buchanan · Lake Front, Waterfront
View Lake, Panoramic, Water

Features

  • 2 Primary Suites
  • Ceiling Fan(s)
  • Quartz Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • Kitchen Island
  • Low Flow Plumbing Fixtures
  • Multiple Dining Areas
  • Multiple Living Areas
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Construction Brick, Cement Siding, Wood Siding
Roof Metal
Foundation Slab
Levels One
Flooring Carpet, Laminate, Tile
Cooling Ceiling Fan(s), Central Air
Heating Central, Electric
Exterior Boat Dock - Private, Boat Lift
County Llano
MLS # 8244786
Garage 1 spaces
Parking 6 spaces: Concrete, Detached, Garage, Garage Door Opener
Windows Window Coverings
Security Carbon Monoxide Detector(s)

Lot, Outdoor & Utilities

Lot Features Cul-De-Sac, Landscaped
Patio & Porch Patio
Other Structures Guest House
Water Public
Sewer Septic Tank
Utilities Electricity Connected, Other, Propane, Water Connected

HOA & Community

HOA Fee $200 /Annually
HOA Name ISLAND LODGES
HOA Includes See Remarks
Community Features Fishing, Lake

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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $200/annually.

Tax Information

Annual Taxes (MLS) $6,468 (2026)
Assessed Value $532,570
Exemptions Homestead, Over 65

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, VA Loan
Sale Type Standard
Possession Funding
Disclosures Seller Disclosure, Seller Provided Survey Available

Listing History

MLS# 8244786 - Updated Oct 6, 2026 4 days
Sep 29, 2026 Listed Listing Courtesy of Phyllis Browning Company - priscillacanalesproperties@​gmail.com $920,000

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. It is brick, cement siding, wood siding construction with 2,878 square feet on a 0.2905 acre lot.

How much does 516 Island Lodges DR, Buchanan Dam TX 78609 cost?

516 Island Lodges DR, Buchanan Dam TX 78609 is listed for sale at $920,000. That is $320 per square foot.

How many bedrooms and bathrooms does 516 Island Lodges DR, Buchanan Dam TX 78609 have?

516 Island Lodges DR, Buchanan Dam TX 78609 has 3 bedrooms and 4 bathrooms (3 full, 1 half) with 2,878 square feet of living space.

What school district is 516 Island Lodges DR, Buchanan Dam TX 78609 in?

516 Island Lodges DR, Buchanan Dam TX 78609 is in the BurnetCONSISD school district. Assigned schools include Burnet (elementary), Burnet (Burnet ISD) (middle), Burnet (high school).

Does 516 Island Lodges DR, Buchanan Dam TX 78609 have an HOA?

Yes, 516 Island Lodges DR, Buchanan Dam TX 78609 has an HOA fee of $200 per annually. The HOA includes see remarks.

What are the property taxes on 516 Island Lodges DR, Buchanan Dam TX 78609?

The annual property taxes on 516 Island Lodges DR, Buchanan Dam TX 78609 are $6,468 (as of 2026). The tax assessed value is $532,570.

How big is the lot at 516 Island Lodges DR, Buchanan Dam TX 78609?

The lot at 516 Island Lodges DR, Buchanan Dam TX 78609 is 0.2905 acres, and the home has 2,878 square feet of living space.

What type of property is 516 Island Lodges DR, Buchanan Dam TX 78609?

516 Island Lodges DR, Buchanan Dam TX 78609 is a residential property on a slab foundation.

Does 516 Island Lodges DR, Buchanan Dam TX 78609 have a garage?

Yes, 516 Island Lodges DR, Buchanan Dam TX 78609 has a 1-car garage. Parking features include concrete, detached, garage, garage door opener.

Is 516 Island Lodges DR, Buchanan Dam TX 78609 waterfront?

Yes, 516 Island Lodges DR, Buchanan Dam TX 78609 is a waterfront property on Lake Buchanan. Waterfront features include lake front, waterfront.

What subdivision is 516 Island Lodges DR, Buchanan Dam TX 78609 in?

516 Island Lodges DR, Buchanan Dam TX 78609 is located in the Island Lodges subdivision in Buchanan Dam, TX. Community features include fishing, lake.

How long was 516 Island Lodges DR, Buchanan Dam TX 78609 on the market?

516 Island Lodges DR, Buchanan Dam TX 78609 was on the market for 4 days, listed on September 29, 2026.

What heating and cooling does 516 Island Lodges DR, Buchanan Dam TX 78609 have?

516 Island Lodges DR, Buchanan Dam TX 78609 has central, electric heating and ceiling fan(s), central air cooling.

What are the roof and foundation at 516 Island Lodges DR, Buchanan Dam TX 78609?

The listing reports a metal roof and a slab foundation at 516 Island Lodges DR, Buchanan Dam TX 78609.

What financing does the seller of 516 Island Lodges DR, Buchanan Dam TX 78609 accept?

The listing says the seller accepts cash, conventional, va loan financing.

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