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Size: 2.33 Acres

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Commercial - Buchanan Dam, TX

Exceptional opportunity in a rapidly growing Central Texas market. This 11,000+ sq ft multifamily property sits on 2.33 acres with elevated views of Lake Buchanan’s main body—making it a rare lake-adjacent investment with long-term upside. Currently configured as 12 apartment units with 92% occupancy, this asset offers immediate cash flow with room to increase rents and NOI through full stabilization. Recent capital improvements include newer metal roofs, stucco exterior, and interior renovations, minimizing deferred maintenance and supporting operational efficiency. Additional onsite amenities: covered common area, tenant laundry, and storage. Conveniently located near Highways 1431 and 29 - 20 mins to Burnet, Llano, and Marble Falls, and just 90 minutes to Austin or San Antonio. Free public lake access and boat ramp just 2 miles away enhance tenant appeal. P&L available for qualified b...

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Jesse James Real Estate

License #0477258

Llano, TX

(325) 423-4415

Jason James

Jesse James Real Estate
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Jesse James Real Estate, (325) 248-0818
Source: ListHub, MLS# 174585
Listing status: Active
Listing last updated: August 7, 2025 at 6:24 PM
Listing last checked: October 10, 2025 at 7:30 AM
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