18617 E State Highway 29, Buchanan Dam, TX 78609

1,299 feet of Lake Buchanan shoreline. 5.62 acres. And a 65’ lighthouse rising above it all. This is not just lakefront property—it’s a landmark setting rarely found on the lake. One of four Lake Buchanan waterfront parcels within a 23-acre offering—available individually, together, or as a complete lakefront estate. The shoreline opens into a sandy beach with water depths reaching 20+ feet, creating an ideal setup for swimming and launching boats. A private boat ramp provides effortless launches into Lake Buchanan. The land stretches across 5.62 gently rolling acres shaded by mature trees, offering privacy, natural beauty, and room to expand or create additional lakefront spaces. The centerpiece of the property is the fully functional 65-foot lighthouse overlooking the shoreline. From the top, sweeping views extend across Lake Buchanan and the surrounding Hill Country for miles. At its base, built-in concrete planters and bench seating create the perfect place to relax and watch the lake come alive. The residence provides a comfortable lakeside retreat with crown molding, uplighting, and large windows capturing lake views. A spacious living area, well-equipped kitchen, and generous bedroom overlooking the water make it an ideal getaway or home base for lake adventures. A covered front porch offers a quiet place for morning coffee or evening sunsets. Massive shoreline. Iconic views. A property unlike anything else on Lake Buchanan.

The defining advantage at 18617 E State Highway 29 is scale on the water: 1,299 feet of Lake Buchanan shoreline across 5.62 acres in Buchanan Dam, a combination that is hard to replicate anywhere on the lake. In Buchanan Dam, within Llano County, this parcel pairs true waterfront reach with BurnetCONSISD schools, including Shady Grove Elementary and Burnet High, which matters for buyers weighing both recreational use and long term hold value.

At $1.50 million, or $1,145 per square foot, the pricing story here is not driven by the 1,310 square foot residence alone. It is driven by frontage, usable land, water access, and the fact that this is one of four Lake Buchanan waterfront parcels within a larger 23 acre offering that can be purchased individually or assembled. That gives the property a different level of optionality than a typical single home lake listing. The shoreline opens into a sandy beach, with reported water depths exceeding 20 feet, and there is a private boat ramp already in place. For a buyer who understands Texas waterfront, those are the details that separate a scenic tract from one that supports real day to day lake use.

The site itself carries unusual identity. A fully functional 65 foot lighthouse rises above the property and turns the tract into a recognizable landmark rather than just another waterfront holding. From the top, the outlook extends across Lake Buchanan and the surrounding Hill Country for miles. At ground level, built in concrete planters and bench seating create a practical place to sit near the shoreline and watch the water shift through the day. The acreage is gently rolling and shaded by mature trees, which adds privacy and creates room to expand the existing footprint or rethink the lakefront program over time.

The residence, built in 1971, is modest in size at one bedroom and one bath, but it works as an immediate base on the property. Large windows frame the water, and the interior details, including crown molding and uplighting, give the house a finished feel rather than a temporary structure. A spacious living area, functional kitchen, and covered front porch make it easy to use now while preserving flexibility for what comes next. With only two days on market, this property is best understood as a scarce Lake Buchanan land position with existing livability, direct water access, and multiple paths for future value creation.