18617 E State Highway 29 Buchanan Dam, TX 78609 New

UPDATED: 09/30/2025 04:40 PM ON MARKET: 6 days on market

$6,500,000

16,050 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 16,050 sqft

Price per Sqft $404

Subdivision Ma Murchison

MLS Listing ID 5323683

Year Built 2004

Annual Tax Amount $45,767

Tax Year 2025

Lot Size 23.060 Acres

Acres 23.06

Property Sub-Type Mixed Use

Source actris

Property Description

Introducing The Lighthouse on Lake Buchanan — a rare waterfront property encompassing 23 acres with over 3,600 feet of open-water frontage on the southern end of Lake Buchanan, the largest lake in the Highland Lakes chain. Anchored by its iconic red-and-white lighthouse, the property offers expansive panoramic views of both the lake and the Texas Hill Country.
The slightly rolling terrain, highlighted by mature Live Oaks and native wildflowers, slopes to a shoreline protected by an engineered concrete bulkhead. Along Highway 29, more than 2,000 feet of brick and metal fencing with four gated entrances provide both security and a distinguished presence.

Improvements include 12 bungalows with stone exteriors and metal roofs, as well as a central clubhouse with two bedrooms, a full kitchen, and a covered patio overlooking the pool and lake. Additional structures include a pool house, two conference buildings, a fixed pier with dock, four concrete boat ramps, multiple water entry points, a designated cove for kayaking, and a sandy beach. Supporting features consist of a commercial-grade laundry facility and several storage buildings. Municipal water and electric utilities are in place.
Unrestricted and adjacent to LCRA's dam operations, The Lighthouse on Lake Buchanan offers ultimate seclusion yet convenient access from Austin and the Texas Hill Country — a true hidden gem with limitless potential. With its size, location, and extensive improvements, the property is well suited for a range of uses including a corporate retreat, family compound, luxury campground, RV resort (feasibility plans available), event venue, marina, winery, or long-term investment.
23 +/- Acres: $6,500,000
Can be split into 2 parcels
Parcel 1: +/- 10 Acres, $2,900,000
Parcel 2: +/- 13 Acres $3,500,000
Opportunity Zone

Listed by HSB Real Estate, LLC