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!
For sale
$440,000
501 Willow St, Buchanan Dam, TX 78609
4beds
1,852sqft
Est.:
Single Family Residence, Residential
Built in 1970
0.5 Acres Lot
$-- Zestimate®
$238/sqft
$17/mo HOA
What's special
- 80 days
- on Zillow |
- 318 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 08:00pm
Listed by:
Laura Smith 512-468-0701,
Thrive Realty
Source: HLMLS,MLS#: 173527

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Kitchen, Living Room, Main Level Master Bdrm
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Gas Range, Refrigerator, Washer
Features
- Flooring: Laminate, Tile
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total structure area: 1,852
- Total interior livable area: 1,852 sqft
Property
Parking
- Total spaces: 3
- Parking features: 1 Car Carport, 2 Car Detached Garage
- Garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Chain Link
- Waterfront features: None, Yes/Other
Lot
- Size: 0.5 Acres
Details
- Parcel number: 016511
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Block, Stone
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Greenwood Acres
HOA
- Has HOA: Yes
- Amenities included: Other
- Services included: None
- HOA fee: $200 annually
Location
- Region: Buchanan Dam
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $355,740
- Annual tax amount: $782
- Date on market: 5/23/2025
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