Agent profile image in chat bubble
Agent profile image in chat header

Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

Agent profile image in message

516 Island Lodges Dr , Buchanan Dam, TX 78609
$920,000
Est. Payment: $5,009.84/mo
3 Bed
4 Bath
2878 Sqft
0.29 Acres
Status: active | Days on site: 11
Get Pre-Qualified
703255 - 801476,695005
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jeannette Spinelli, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

Distinctive and tranquil living embraces you at 516 Island Lodges Drive on Lake Buchanan. Completely renovated and expanded in 2023, this retreat offers approximately 136 feet of waterfront. Upon entry, you will find over 475 square feet of flex space with a half bath and sliding glass door leading to the lake, hot tub, and patio. Around the corner, the great room brings together living, dining, and a thoughtfully-designed kitchen with custom cabinetry, pull-out shelving, a large pantry, double ovens, microwave drawer, and induction cooktop (plumbed for gas if you prefer). Picture windows and sliding glass doors provide beautiful panoramic views of the lake and its ecosystem. Two primary suites are in the main house: one with an oversized spa tub and separate shower, and the other with barrier-free entry shower. Both suites offer walk-in closets with built-in shelving. A utility room with built-in shelving and storage is conveniently located between the suites. Just steps from the main house, a detached, multi-use one-bedroom casita offers its own living area with picture windows, kitchenette, and full bath perfect for rental income generation, work space, or family and guests. The boat dock with electric lift, fish-cleaning station, and adjustable cable system allows you to take advantage of the deeper water located at the end of the peninsula. Upgrades include a whole-home generator with a buried 500-gallon propane tank, new HVAC, new septic system, reverse-osmosis water filtration, water softening systems, adjustable lighting, and a revamped drainage system. Island Lodges is a peninsula community made up of full- and part-time residents, many of whom have lived and/or vacationed here for multiple generations. In a world that has become both too hectic and rapidly-changing, 516 Island Lodges Drive offers a sanctuary of serenity and the opportunity to enjoy lake life with family and friends. Join us as soon as you can!

Highlights

Listed by Priscilla Canales , (210) 860-9474 and Leza Gan , (512) 905-6464 Phyllis Browning Company , (512) 215-8587. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
0.29

HOA Fee

200 Annually

Year Built

1980

County

Llano

Area

LL

Neighborhood

Island Lodges

School District

BurnetCONSISD

Listing ID

8244786

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Oven, Double Oven, Dishwasher, Disposal, Induction Cooktop, Microwave, Water Softener, Water Purifier
Floor:Carpet,Laminate,Tile
Other:
  • ▪ Additional:Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Double Vanity, Kitchen Island, Low Flow Plumbing Fixtures, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, No Interior Steps, Pantry, Quartz Counters, Recessed Lighting, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Cul-De-Sac,Landscaped
Roof:Metal
Others:
  • ▪ Additional:Boat Lift, Dock, Updated/Remodeled
Sewer:Septic Tank
Parking Features:Concrete,Detached,Garage,Garage Door Opener
Principal Interest
$5,010
Taxes
$539
HOA
$200

Home Price

$920,000

Loan Details

30 yrs
7.228%

Down Payment

20%
$184,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,009.84

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,009.84 $539.02 $200.00 $5,748.86
Yearly $60,118.07 $6,468.22 $2,400.00 $68,986.29
Total $1,803,542.22 $194,046.60 $72,000.00 $2,069,588.82

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Buchanan Dam, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-24T03:26:53.000Z

© 2026 Austin MLS

MLS Logo - Austin MLS