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4 Bedroom(s)
3 Full Bath(s)
2,196 Sqft
0.51 Lot Acres
Single Family

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About this property

Welcome to 515 E Island Dr-an exceptional opportunity to own generational waterfront on Lake Buchanan''s coveted Shaw Island, where only a select few properties are surrounded by water on all sides.Set on approximately 1 acre in Bluffton, Texas, this 4-bedroom, 3-bath retreat is designed to capture the lake from nearly every angle. Expansive windows frame panoramic views, filling the home with natural light & creating a seamless indoor-outdoor connection. The open-concept kitchen & living area offer an inviting space for entertaining or relaxing, all with the water as your constant backdrop. Multiple bedrooms provide peaceful, private retreats with stunning views. An attached guest house adds flexibility and value, featuring its own open-concept layout, private bedroom, & full bath with a striking walk-in shower-ideal for hosting guests,family, or a secluded escape. Step outside to your waterfront setting, where a sprawling backyard, expansive patio, & outdoor fireplace create the perfect environment for entertaining or unwinding as Hill Country sunsets stretch across the lake. Lot 100 directly across the street is included, offering additional space & a place to build a shop to store all of your lake toys! Located near Burnet, enjoy easy access to boating, fishing, & top Hill Country attractions, including Inks Lake State Park, Longhorn Cavern, wineries, golf, and local dining. 520 E Island Dr, located caddy-corner is also for sale separately Make it a family compound or multi property lake retreat!

MLS#
HLARTX-177270
List Price
$764,984
($348/Sqft.)
Listing Status
For Sale
Address
515 E Island Drive
City
State
TX
Zip Code
County
Subdivision
Island Village
Legal Description
ISLAND VILLAGE SECTION 1 LTS 70, 71, & 72 ; 100
Property Type
Single Family
Bedroom
4 Bedroom(s)
Bath
3 Full Bath(s)
Stories
1
Building Size
2,196 Sqft/Appraisal District
Year Built
1984 /Appraisal District
Lot Size
0.51 Lot Acres/Appraisal District
LP / Acre
$1,499,969 / Acre

Rooms

Rooms
4 Bedroom(s), 3 Bathroom(s)

Exterior

Roof
Metal
Exterior Type
Wood Siding
Yard
Yes
Deck
Yes
Sprinkle System
Yes
View Type
Lake
Dock
Yes
Exterior
Open Concrete Areas, Garden, Sprinkler System

Interior

Fireplace
Yes
Floors
Concrete, Hardwood
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
Interior
Breakfast Bar

See the lot information

Lot Size
0.51 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

The Mannings Realty Group- eXp

1507 RR 1431 Suite 100, Kingsland, TX 78639
The Mannings Realty Group- eXp, is a Texas real estate firm, located at 1507 RR 1431 Suite 100, Kingsland, TX 78639. The Mannings Realty Group- eXp provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view The Mannings Realty Group- eXp current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View The Mannings Realty Group- eXp Agent Roster.

Information source

Highland Lakes Association of Realtors MLS®
Source last updated Apr 24, 2026 at 09:19 AM
Listing last updated Apr 22, 2026 at 09:20 AM
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515 E Island Drive, Bluffton, TX 78607. View photos, map, tax, nearby homes for sale, home values, school info...

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