516 Island Lodges DR
Buchanan Dam, TX 78609
$920,000
Open Houses
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 475 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 ...
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Listing Courtesy of: Phyllis Browning Company
(512) 215-8587
| Listing ID: | 8244786 |
|---|---|
| List Price: | $920,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 3 |
| Bathrooms Half: | 1 |
| Living Area: | 2,878 |
| Association Fee: | $200 |
| Tax Annual Amount: | $6,468 |
| Lot Size Square Feet: | 12,654.18 |
| Lot Size Acres: | 0.2905 |
| Waterfront?: | Yes |
| City: | Buchanan Dam |
| County Or Parish: | Llano |
| Subdivision Name: | Island Lodges |
| Postal Code: | 78609 |
| Year Built: | 1980 |
| Appliances: | Built-In Oven(s), Dishwasher, Disposal, Induction Cooktop, Microwave, Double Oven, WaterPurifier, WaterSoftener |
| Association?: | Yes |
| Cooling: | Ceiling Fan(s), Central Air |
| Exterior Features: | Boat Dock - Private, Boat Lift |
| Fencing: | None |
| Flooring: | Carpet, Laminate, Tile |
| Garage Spaces: | 1 |
| Heating: | Central, Electric |
| Interior 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 |
| Lot Features: | Cul-De-Sac, Landscaped |
| Parking Features: | Concrete, Detached, Garage, Garage Door Opener |
| Parking Total: | 6 |
| Pool Features: | None |
| Sewer: | Septic Tank |
| State Or Province: | TX |
| Water Source: | Public |
| Accessibility Features: | Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Full Bath, Accessible Hallway(s), Standby Generator |
| Association Fee Frequency: | Annually |
| Association Fee Includes: | See Remarks |
| Bathrooms Total Integer: | 4 |
| Community Features: | Fishing, Lake |
| Direction Faces: | North |
| Garage?: | Yes |
| Levels: | One |
| Lot Size Area: | 0.2905 |
| Other Structures: | Guest House |
| Parcel Number: | 7967 |
| Patio And Porch Features: | Patio |
| Property Condition: | Updated/Remodeled |
| Roof: | Metal |
| Spa Features: | Hot Tub |
| Utilities: | Electricity Connected, Other, Propane, Water Connected |
| View: | Lake, Panoramic, Water |
| Waterfront Features: | Lake Front, Waterfront |
| Window Features: | Window Coverings |
| Construction Materials: | Brick, Cement Siding, Wood Siding |
| Directions: | Traveling through Burnet take west Hwy 29, then turn right onto Island Lodges Dr. Traveling through Kingsland, head north on Hwy 1431 to Hwy 29. Turn right onto Hwy 29, then left onto Island Lodges Dr. Continue to 516 Island Lodges Dr, located on the right. |
| Disclosures: | Seller Disclosure, Seller Provided Survey Available |
| Electric On Property?: | Yes |
| Elementary School: | Burnet |
| Elementary School District: | BurnetCONSISD |
| Green Sustainability: | None |
| High School: | Burnet |
| High School District: | BurnetCONSISD |
| Horse Amenities: | None |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| MLS Area Major: | Ll |
| Middle Or Junior School: | Burnet (Burnet ISD) |
| Middle Or Junior School District: | BurnetCONSISD |
| Original List Price: | $920,000 |
| Special Listing Conditions: | Standard |
| Syndication Remarks: | 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 475 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! |
| Tax Assessed Value: | $532,570 |
| Year Built Source: | Public Records |
| Association Management Company: | Island Lodges HOA-Cindy Kasub |
| Association Requirement: | Mandatory |
| Distance To Water Access: | See Remarks |
| ETJ Extra Territorial Jurdn: | No |
| Estimated Taxes: | $6,468.22 |
| FEMA Flood Plain: | Partial, Yes-100 yr |
| Guest Accommodaton Desc: | Guest House, Separate Entrance |
| Intermediary YN: | Yes |
| Last Change Timestamp: | 2026-09-30T03:47:10.310Z |
| Last Change Type: | New Listing |
| Laundry Location: | Laundry Room |
| Listing Agreement Document: | TXR |
| Lock Box Description: | Front door |
| Num Dining: | 2 |
| Num Guest Beds: | 1 |
| Num Guest Full Baths: | 1 |
| Num Living: | 2 |
| Out of Area School District: | TX |
| RATIO Current Price Lot Size Squ: | $72.70 |
| RATIO Current Price By Living Ar: | $319.67 |
| RATIO Current Price By Original: | $1.00 |
| RATIO List Price Lot Size Square: | $72.70 |
| RATIO List Price By Living Area: | $319.67 |
| RATIO List Price By Original Lis: | $1.00 |
| Restrictions: | None |
| Tax Rate: | 1.21453 |
| Association Name: | ISLAND LODGES |
| Covered Spaces: | 1 |
| Foundation Details: | Slab |
| Green Energy Efficient: | None |
| Listing Terms: | Cash, Conventional, VA Loan |
| Living Area Source: | Public Records |
| Main Level Bedrooms: | 3 |
| Ownership Type: | Fee-Simple |
| Possession: | Funding |
| Tax Exemptions: | Homestead, Over 65 |
| Tax Year: | 2026 |
| Water Body Name: | Lake Buchanan |
| Indicates Whether Or Not The Property Has A Basement.: | No |
Mortgage Calculator
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the period 10/01/2026 through October 08, 2026 05:07 PM - ET.®
All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Based on information submitted to the MLS GRID as of October 08, 2026 05:07 PM - ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Property Last Updated: October 08, 2026 05:07 PM - ET
