#8432278, Kay Jeanes, Listing office: Stanberry REALTORS
501 Willow St Buchanan Dam, TX 78609
Property details
About 501 Willow St
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!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dryer, Gas Range, Microwave, Refrigerator, Washer
- Flooring Type: Laminate, Tile
- Interior: Breakfast Bar, Ceiling Fan(s), Main Level Primary, Open Floorplan, Stone Counters
- Fireplace: Wood Burning
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Carport, Driveway, Detached
- Waterfront: None
- Exterior: No Exterior Steps, Private Yard, Rain Gutters
- Heating: Central
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $440,000
- Price/SqFt: $223
- HOA Amount: $200 Annually
- Annual Tax Amount: $3,116
- Tax Year: 2023
- Lot: Back Yard, Corner Lot, Front Yard, Level, Sprinklers, Few Trees
- Directions: 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.
- Year Built: 1970
- Stories: 1
- Living Area: 1,971 SqFt
- Lot Size: 0.5014 Acres
- MLS Number: 5458710
- MLS Name: ACTRIS
- Office Name: Thrive Realty
- Office Phone: (512) 379-7553
- Listing Agent: Laura Smith
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 7/22/2025, 9:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $316,740 | $3,116 |
2022 | $296,640 | $4,796 |
2021 | $263,930 | $3,723 |
History based on county public records data.
Nearby schools
4
Packsaddle Elementary School
Public District PK-5
10.1 mi
•150 Pioneer Ln
6
Llano Elementary School
Public District PK-5
12.8 mi
•1600 Oatman St
3
Highland Lakes Elementary School
Public District PK-5
14.3 mi
•8200 W FM 1431
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,821. The most common annual income of people living in Buchanan Dam, TX is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 501 Willow St
The listing price of 501 Willow St property is $440,000.
The property 501 Willow St is a house located in Buchanan Dam, Texas, 78609.
Active Listing: 501 Willow St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 Willow St are: Packsaddle Elementary School (GreatSchools Rating 4/10), Llano Elementary School (GreatSchools Rating 6/10), Highland Lakes Elementary School (GreatSchools Rating 3/10), Llano Junior High School (GreatSchools Rating 6/10), Burnet Middle School (GreatSchools Rating 4/10), Marble Falls Middle School (GreatSchools Rating 4/10), Kingsland School (GreatSchools Rating 7/10), Llano High School (GreatSchools Rating 5/10), Burnet High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $3,116 (source: MLS/based on county public records data).
The property at 501 Willow St has 4 bedrooms and 2 full and 1 half bathrooms.
The property 501 Willow St is 1,971 SqFt (source: MLS/tax record).
The year of construction for 501 Willow St is 1970.
This home is located at 501 Willow St in Buchanan Dam, TX and zip code 78609 in the Greenwood Acres neighborhood. This 1,971 square foot home, which was built in 1970, sits on a 0.50 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $440,000.
The inventory of homes for sale in Buchanan Dam, TX between May and June 2025 increased by 12.5%. While the average time on the market in June 2025 was 133 days, the median list price was $440,000.