3100 Highway 261 Buchanan Dam TX 78609
Huge Price Reduction! Seller financing available. Welcome to Black Rock Cottages! This charming and historic property has been a part of the Lake Buchanan community since the formation of the lake! An extraordinary waterfront property with over 3.6 acres and approximately 400 ft of waterfront. The five rental cottages and primary residence built in 1940 have been lovingly maintained and cared for by the owner. In 2016, an 800 sq ft living area and covered porch was added to the primary residence which was beautifully blended with the original character of the home. There are additional storage buildings and mobile home rentals on the property. Whether you are looking for an amazing waterfront location on Lake Buchanan to live on and a have a turn key business with multiple rentals, or you are an investor with ideas, there are endless possibilities! At 3.6 acres there is plenty of room to build additional units, set up an RV or mobile home park, or redevelop and create your own vision! With one of the best locations on Lake Buchanan, this is an opportunity not to be missed!
From 1431, turn left on Hwy 261, Black Rock Cottages will be on the right side. Sign on property.
©2023 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #8699264 Courtesy of Century 21 Realty Network. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.