$4,950,000
For Sale

206 Forest Drive

Buchanan Dam, TX 78609
9281 sqft | 12 beds | 10.5 baths | 10.16 acres | #8368261
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This absolute trophy property presents with the grandeur of nearby Texas State Parklands! About 1 hour from the Texas State Capital, these 10 private acres are prime for a luxury home site, wedding or event venue, STR income, wellness centers, family compound, or corporate use! Features about 1020' of north-facing lake frontage with MILES of panoramic views over deep blue water & open skies, from multiple vantage points. The property includes the private LCRA-built concrete & rock jetty (approx 600' long!) which breaks waves and forms a large "hidden" cove, attractive for swimming and fishing. Well-appointed improvements include 3 separate dwellings high on the lot, a boathouse with an observation deck, beach baths, screened-in open-air canteen, horseshoe and disc golf, and more. The main house features 8 bedrooms, great rooms, flex spaces, storage, sprawling decks, plus a commercially sized kitchen and large laundry room. There are an additional 2-4 bedrooms between the single-story guest house and garage apartment. Enjoy a gently sloping, and terraced lawn, granite rock cliffs, private beaches, and a gracefully winding, asphalt road to the private boat ramp. Incredible view of the historic, approx 2-mile long 1937-built Buchanan Dam, which forms the largest of the Highland Lakes and is situated downstream from the property and past the jetty. There is no HOA and the property is on close-in Lake Buchanan with a low 1.16483 tax rate (LCAD) and Burnet Schools. Located discreetly past an unassuming residential area and gate, off of a quiet road convenient to Hwy 29. On-site sewer (septic) and municipal water. 1hr from Austin Executive Airport, Austin's new Apple Headquarters, and Austin's Whole Foods on 6th; 10-15min to Kingsland for groceries at HEB or medical care at Baylor Scott and White; 10min to Inks Lake State Park; 1hr 30min to ABIA; 2hrs to San Antonio's Convention Center; and 2hrs 30min, and approximately 3 hours to Houston's IAH and Dallas' DFW airports.

  • Property Details
      • InteriorBreakfast Bar, Ceiling Fans, Cathedral Ceilings, Separate Formal Dining Room, EatInKitchen, Granite Counters, High Ceilings, Int
      • Lot DescriptionSloped Down, Gentle Sloping, Landscaped, Level, Moderate Trees, Private, Sprinklers In Ground, Few Trees, Views
      • Exterior MaterialsBalcony, Boat Ramp, Exterior Steps, Outdoor Grill, Private Entrance, Private Yard
      • Utility FeaturesAbove Ground Utilities, Electricity Connected, Other, Water Connected
      • Sewer InformationAerobic Septic, Private Sewer
      • Property SubtypeSingleFamilyResidence
      • Middle SchoolBurnet (Burnet ISD)
      • ViewLake, Panoramic
      • School DistrictBurnet CISD
      • Original List Price$5,200,000
      • Elementary SchoolRJ Richey
      • Property TypePurchase
      • MLS #8368261
      • Cost4950000
      • MLS #8368261
      • Acres10.161
      • Utility SourcePublic
      • High SchoolBurnet
      • Property ConditionResale
      • CountyLlano
      • Bathrooms10.5
      • Square Feet9281
      • Year Built1998
      • FoundationSlab
      • Subdivisionnone
      • Days on Market (Cumulative)903
      • Bedrooms12
      • Full Baths10
      • Half Baths1
      • Parking Spaces2

Location

Legacy Oak RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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