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Lakefront Land with Cabins
For Sale
$1,684,107

18617 E State Highway 29, Buchanan Dam, TX 78609

Residential Income, Buchanan Dam, TX

Property Size9,052 SF
Lot Size6.30 Acres
Price / SF$186.05
Days on Market183

Property Features for 18617 E State Highway 29

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 7, Bedroom 2, Bedroom 4, Bedroom 6
Appliances Dishwasher, Microwave, Electric Range, Washer Hookup, Electric Water Heater
Subdivision Murchison
Elementary school district Burnet
Middle school district Burnet
High school district Burnet
Directions From Kingsland, head North towards Buchanan Dam on 1431, turn right onto TX-29 E for nearly 3 miles then turn left onto Rockingwood Ln. where sign reads 'Citizens Academy' and arrive on Parcel 3.
Standard status Active
APN 005512
Size 9,052 SF
Lot size 6.30 Acres

Taxes and HOA fees

Tax Description M A MURCHISON LTS 2-17 & 4.617 AC OUT OF F MONKEN ABST #509 & 0.670 AC OUT OF J L HENNE ABST #326
Legal Description M A MURCHISON LTS 2-17 & 4.617 AC OUT OF F MONKEN ABST #509 & 0.670 AC OUT OF J L HENNE ABST #326

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central, Wall Furnace
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Private

Amenities

private boat ramp
open parking pad
laundry facility
metal storage buildings
covered porches
private outdoor access
central HVAC

Building Details

Year built 1971
Number of units 4
Flooring type Tile, Carpet, Laminate
Building materials Wood Siding, Stone, Stucco
Roof type Metal
Listing Agency: Keller Williams Heritage · Keller Williams Realty
Listed By: Billy Stephens · License #0821506
Added: Mar 12 Changed: Sep 2 Last Checked: Sep 10 at 3:06AM
MLS# 176949

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6.3-acre waterfront land property includes 11 cabins across 9,052 square feet, with layouts ranging from studios to multi-bedroom units. Several cabins contain kitchens, living areas, walk-in closets, and lake views; select units add covered porches and private outdoor access. The property also includes duplex-style accommodations, central HVAC in some cabins, two metal storage buildings with roll-up doors, and a laundry facility equipped with three Speed Queen washers and two oversized dryers.

The site has 564 feet of Lake Buchanan shoreline, a private boat ramp, and an open parking pad. Mature trees shade the gently rolling land. Private water service and a septic tank are in place, while construction includes wood siding, stone, and stucco. The property was built in 1971 and is located at 18617 E State Highway 29 in Buchanan Dam, Texas.

Key Highlights

  • 564' of Lake Buchanan shoreline
  • 6.3 acres with 11 cabins
  • 9,052 square feet of property improvements

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Travel Agency Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 78609, TX

1,827
Population
1,271
Households
1.4
Avg Household Size
61
Median Age
27%
College-Educated
94%
High-School Grad
15.9 sq mi
ZIP Area
115
Density / Sq Mi
$60,663
Median Household Income
$37,091
Median Earnings
$938
Median Rent
$276,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Shoreline acreage includes lodging cabins, a private boat ramp, and support buildings.
Where is this waterfront land located?
The property is located at 18617 E State Highway 29 Buchanan Dam, TX.
What is the asking price?
The asking price for this property is $1,684,107.
What are key features of this property?
This property features: 564' of Lake Buchanan shoreline; 6.3 acres with 11 cabins; 9,052 square feet of property improvements
More about this property
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