501 Willow Street

Buchanan Dam, TX 78609

  • 4 Bed(s)
  • 3 Bath(s)
  • 1,971 Sqft
  • 0.5014
    Acre(Lot)
$440,000

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 Type

    Residential

  • Subdivision

    Greenwood Acres

  • County

    Llano

  • Style

    Residential

  • AD ID

    49898355

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Property Details

  • Bathroom Information

    • Total Baths: 3
    • Full Baths: 2
    • Half Baths: 1

    Interior Features

    • BreakfastBar,CeilingFans,MainLevelPrimary,OpenFloorplan,StoneCounters
    • Roof: Composition

    Roofing Information

    • Composition

    Flooring Information

    • Laminate,Tile

    Heating & Cooling

    • Heating: Central
    • Cooling:

  • Building Information

    • Year Built: 1970

    Exterior Features

    • NoExteriorSteps,PrivateYard,RainGutters

  • Lot Information

    • Lot Description: BackYard,CornerLot,FrontYard,Level,SprinklersAutomatic,FewTrees,TreesLargeSize
    • Main Square Feet: 0.5014

    Property Information

    • Subdivision: Greenwood Acres

  • Tax Information

    • Annual Tax: $4017

  • Parking Information

    • Carport,Driveway,Detached

    Homeowners Association Information

    • Included Fees: CommonAreaMaintenance
    • HOA: 200

  • School Information

    • Elementary School: Shady Grove
    • Junior High School: Burnet (Burnet ISD)
    • Senior High School: Burnet

    Utility Information

    • ElectricityAvailable,SewerAvailable,WaterAvailable

    Location Information

    • Direction: From TX-29, head North on TX-261. Approximately 5.8 miles, turn Right onto Cedar Drive. Turn Right onto S. Greenwood Drive. Home is on the Left corner lot.
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BuyOwner last updated this listing 06/09/2025 @ 14:43

  • MLS: 5458710
  • LISTING PROVIDED COURTESY OF: Laura Smith, Thrive Realty
  • SOURCE: ACTRIS

is a Home, with 4 bedrooms which is for sale, it has 1,971 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.