
Prime commercial opportunity in Buchanan Dam! This unique offering includes three adjoining commercial properties being sold together as one package, totaling approximately 2.59 acres. Located on the high-visibility corner of FM 1431 and Highway 261, the property offers excellent frontage, easy access, and exceptional exposure. Conveniently located directly across the street from Dollar General Market, a go-to grocery destination for the Lake Buchanan area, adding valuable visibility and convenience for future commercial use. The property includes existing self-storage buildings with month-to-month tenants, providing current income potential while allowing flexibility for a new owner. Sale includes real property and improvements only; no business is included. With approximately 2.59 acres, the property offers substantial potential for expansion, redevelopment, or continued commercial use. Ideally positioned near Lake Buchanan, area businesses, and popular recreational destinations, this is a versatile commercial opportunity in a growing Hill Country market.
Property Type
Commercial Sale
Year Built
2007
Lot Size
2.59 acres
Listed by eXp Realty, LLC
Property Details
Construction
Parking
Verified property facts
2929 Highway 261 is a Commercial Sale built in 2007 featuring 0 bedrooms, 2.59-acre lot.
2929 Highway 261 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 2929 Highway 261 is $4,570. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($180,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2929 Highway 261 is around $5,051 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 2929 Highway 261, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.

20% ($180K)
$900,000
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List price
$900,000
Price per sqft
Not available
Vs. Indian Hills median
Not available
Days on market
10 days
Original to current
No verified reduction
$825K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $900,000, 2929 Highway 261 is in the Indian Hills market where there are currently 9 active listings in 78609.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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