501 Willow Street
Buchanan Dam, TX 78609
1971 sqft | 4 beds | 2.5 baths | 0.50 acres | #5458710
Description
Discover a rare opportunity to own a one-of-a-kind property in a highly sought-after location with TWO dwellings - just a short walk to the scenic shores of Lake Buchanan! Nestled on TWO generously sized lots, this versatile property features two separate dwellings, ideal for rental income potential, multigenerational living or guest accommodations.
The main house offers 2 bedrooms and 1 bathroom, an updated interior complete with wood tile flooring, beautiful alder cabinets, granite countertops, an open living room & kitchen area, fireplace, and an oversized covered back patio with lake views - perfect for entertaining or enjoying quiet evenings. A convenient carport provides covered parking and a storage room. The guest house enhances the property’s appeal with additional space and flexibility. The two-story guest house includes 2 bedrooms, 1.5 bathrooms and a 2-car garage. The open kitchen and living area is filled with natural light and leads to a private balcony - an ideal spot to sip your morning coffee or unwind with sunset views. With its unbeatable location near the lake, spacious lots, and flexible living options, this property is a rare gem full of possibilities. Don’t miss your chance to enjoy the best of lakeside living!
Property Details
- Lot DescriptionBack Yard, Corner Lot, Front Yard, Level, Automatic Sprinklers, Few Trees, Trees Large Size
- InteriorBreakfast Bar, Ceiling Fans, MainLevelPrimary, Open Floorplan, Stone Counters
- Utility FeaturesElectricity Available, Sewer Available, Water Available
- Exterior MaterialsNo Exterior Steps, Private Yard, Rain Gutters
- Property SubtypeSingleFamilyResidence
- Middle SchoolBurnet (Burnet ISD)
- SubdivisionGreenwood Acres
- Sewer InformationAerobic Septic
- School DistrictBurnet CISD
- Elementary SchoolShady Grove
- Property TypePurchase
- Original List Price$440,000
- Utility SourcePrivate
- MLS #5458710
- MLS #5458710
- Acres0.5014
- High SchoolBurnet
- Taxes Annual$4,017
- Cost440000
- Property ConditionResale
- CountyLlano
- Square Feet1971
- Year Built1970
- FoundationSlab
- Bathrooms2.5
- Hoa Fees200
- Days on Market (Cumulative)13
- Fireplaces1
- Bedrooms4
- Full Baths2
- Half Baths1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-05-23 09:02:09 UTC. 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.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated:Â . Source: ACTRIS
Listing Courtesy
Listing Agent: Laura Smith (#688495), Phone: (512) 379-7553
Listing Office: Thrive Realty (#8458)

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