USATXBuchanan Dam930 Ranch Road 261
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930 Ranch Road 261, Buchanan Dam, TX

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,495,000

000

MLS® 174585

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 11155 sqft
Garage No
HOA Fees 
Taxes 
Days Active 218
Approx. Age 1960
Avg. Price Per Sqft $134
MLS® Number 174585

Property Address: 930 Ranch Road 261, Buchanan Dam, TX, 78609-4222

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number174585
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building(s), Business, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 7, 2025List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
930 Ranch Road 261, Buchanan Dam, TX

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