— bed, — bath on 2.62 acres in Buchanan Dam. Buchanan Dam, TX 78609. $1,000,000.
About This Home
Unrestricted commercial property on TX-29 in the Highland Lakes growth corridor. Approx. 2.62 acres (subject to survey/plat) with an approx. 8,500+ SF building, approx. 200’ of highway frontage, and rare street-to-street access—ideal for easy traffic flow, deliveries, and flexible parking. Large open interior layout with additional rooms/areas supports a wide range of uses including storage, warehouse, retail, restaurant, church, contractor yard, mixed-use redevelopment, or event/venue concept. High-visibility location serving Buchanan Dam, Burnet, Marble Falls, Llano and the Lake Buchanan region. Rare combination of highway exposure, usable acreage, and substantial improvements—excellent opportunity for owner-user or investor. Shown by appointment only.
Highway frontage is the value driver here, and 15615 E State Highway 29 puts that advantage to work with about 200 feet of exposure along TX-29 in Buchanan Dam. In Buchanan Dam, this is a commercial site with the visibility, access, and land area that matter in the Highland Lakes growth corridor. The offering includes approximately 2.62 acres, subject to survey and plat, with a substantial building of roughly 8,500-plus square feet originally built in 1980.
What stands out is the combination of scale and functionality. Street-to-street access is hard to find and directly improves circulation for customers, staff, deliveries, equipment movement, and parking layout. On a commercial tract, that changes how the property can operate day to day. The building itself appears positioned for flexibility rather than a single narrow use, with a large open interior and additional rooms or separate areas that can support storage, warehouse use, retail, restaurant operations, a church, contractor-oriented business activity, mixed-use redevelopment, or an event-oriented concept. For an owner-user, that lowers the barrier to adapting the site to a real business plan. For an investor, it broadens the future tenant pool.
The location also matters beyond the parcel lines. This stretch of TX-29 serves Buchanan Dam, Burnet, Marble Falls, Llano, and the broader Lake Buchanan area, which gives the property a practical service radius across multiple nearby markets rather than tying it to one small trade pocket. That kind of regional pull is important for commercial real estate in secondary and rural growth corridors, where visibility and ease of access often carry more weight than dense infill positioning.
At $1.20M, the pricing has to be viewed through the lens of usable acreage, highway presence, and existing improvements already in place. Properties that combine all three can solve several acquisition problems at once: land, access, and built square footage. With 42 days on market, this sits in the window where serious buyers can still evaluate it on fundamentals instead of scarcity hype. The long-term appeal is straightforward: a visible TX-29 commercial holding with enough land, frontage, and building area to support both immediate operational use and future repositioning as the Buchanan Dam and Lake Buchanan corridor continues to evolve.
The numbers behind this insight
- Offered at
- $1,000,000
- Listed
- February 2, 2026
- Price changes
- Reduced, down 16.3% from $1,195,000
- Property Type
- Commercial Sale
- Year Built
- 1980
- Lot Size
- 2.62 acres
Listing information last updated September 15, 2026.
Listed by eXp Realty, LLC
MLS# 1095255 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Laminate
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Metal Siding
- Slab
- Lot Size
- 2.62 Acres
- Additional Parking
- Oversized
- Parking Lot
- Unpaved
Financial
- Original List Price
- $1,195,000
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 15615 E State Highway 29, whoever represented it.
- ActiveListed 2026Current price: $1,000,000Original list: $1,195,000MLS 1095255
- Price changed · May 7, 2026$1,100,000
- Price changed · September 15, 2026$1,000,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,000,000
- Original list
- $1,195,000
- Price movement
- $195K reduction
- Listed / DOM
- Feb 2, 2026 · 256 days
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Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($200K)
Adjustable assumption - not a lending recommendation.
$1,000,000
Luxury property intelligence
Keenan Market Position
A sourced read on Buchanan Dam pricing, timing, and property scale. No automated valuation claim.
List price
$1,000,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
256 days
Original to current
$195K reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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