New Listing

930 highway 261

Buchanan Dam, TX 78609

$1,495,000

11,155 SQFT2.32 AC LOT

Commercial

New Listing

Square Feet 11155

Acreage 2.33

Status Active

MLS # 174585

County Llano

More Info

Category Commercial

Status Active

Square Feet 11155

Acreage 2.33

MLS # 174585

County Llano

Exceptional opportunity in a rapidly growing Central Texas market. This 11,000+ sq ft multifamily property sits on 2.33 acres with elevated views of Lake Buchanan’s main body—making it a rare lake-adjacent investment with long-term upside. Currently configured as 12 apartment units with 92% occupancy, this asset offers immediate cash flow with room to increase rents and NOI through full stabilization. Recent capital improvements include newer metal roofs, stucco exterior, and interior renovations, minimizing deferred maintenance and supporting operational efficiency. Additional onsite amenities: covered common area, tenant laundry, and storage. Conveniently located near Highways 1431 and 29 - 20 mins to Burnet, Llano, and Marble Falls, and just 90 minutes to Austin or San Antonio. Free public lake access and boat ramp just 2 miles away enhance tenant appeal. P&L available for qualified buyers. Showings by appointment only.

Location not available

Exterior Features

Construction Commercial
Siding Other, Synthetic Stucco
Roof Metal
Garage No
Water Well
Sewer Septic Tank
Lot Dimensions irreg

Interior Features

Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Basement Slab
Living Area 11,155 SQFT
Year Built 1960

Financial Information

Parcel ID 021662

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Jesse James Real Estate

Listing Agent Jason H. James

Listings provided courtesy of the Highland Lakes MLS as distributed by MLS GRID.

Information is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

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© 2025 Highland Lakes MLS.

Listing data is current as of 08/15/2025.

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