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    8164 Hwy Buchanan Dam, TX 78609

    For Sale
    $875,000

    3.6 Acres, Lake Access, Business Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.6-acre property in Llano County, Texas, boasts over 200 feet of Lake Buchanan frontage and is situated directly on Highway 261. The land features two existing structures: a three-bedroom, one-bathroom rock house and a one-bedroom loft-style guest house, both currently generating rental income. Mature oak trees, granite outcroppings, and diverse native vegetation enhance the property's natural beauty. The expansive lot, over 750 feet deep, offers ample space for expansion, new construction, or business development. Existing amenities include a boat launch and pier, providing convenient lake access. A privacy fence lines the southern boundary. The property is entirely located within an Opportunity Zone and seller financing is available. Utilities include electricity, internet/satellite, sewer, and water from a well. The property includes central heating and air conditioning, fireplaces, and ceiling fans. Parking for four vehicles is available. The main house was built in 1950. The lot size is approximately 155,509 square feet. Asking price is $875,000.

    Property Features for 8164 Hwy

    General Information

    Property type
    Land
    Lot Size
    156,816 SF

    HighLights

    • 3.57‑acre lot, 155,509 square feet.
    • 3.57 acres.
    • Asking price reflects $558.04 per square foot.
    • Built in 1950.
    • Four parking spaces.
    • Central heating with fireplaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Buchanan Dam
    County
    Llano
    State
    Texas
    Longitude
    -98.4732718
    Latitude
    30.7678465

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    FAQs

    What type of property is this?
    Land - 3.6 Acres, Lake Access, Business Potential
    Where is this land located?
    The property is located at 8164 Hwy Buchanan Dam, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 3.57-acre lot, 155,509 square feet.; 3.57 acres.; Asking price reflects $558.04 per square foot.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8164 Hwy Buchanan Dam, TX 78609
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