ActiveResidential · sale

604 Inwood

Buchanan Dam, TX 78609

$849,000

  • 3 beds
  • 3 baths
  • 3,420 sq ft
  • 0.57 acres
  • Built 2002

Listed by Compass RE Texas, LLC · MLS #ACT6364366

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2002.

Garage parking

3 garage spaces listed.

Property size

0.57 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Nestled inside the gated community of Inks Lake Village, this beautifully maintained 3-bedroom, 3-bath Hill Country estate offers breathtaking lake views, generous living space, & the relaxed lifestyle everyone dreams about. Whether you're searching for a full-time residence, weekend getaway, or short-term rental investment, this home delivers it all.
The community waterfront park is just a short walk or golf cart ride away, making lake days effortless. Enjoy the fishing pier, swimming area, & convenient boat ramp. The neighborhood has a warm, welcoming feel, with neighbors gathering for holiday celebrations and seasonal parties.
And then there’s Inks Lake—a true Hill Country gem known for its clear water, scenic beauty, and year-round recreation. Boating, fishing, kayaking, & swimming are all part of everyday life here.
Back at home, the views are unforgettable. Designed to host a crowd, this custom-built estate offers plenty of space for large families & weekend guests. The open-concept kitchen, living, & dining areas are perfect for gathering, while expansive windows with motorized shades frame sweeping views of the lake and state park. The chef’s kitchen features high-end appliances, & two large patios invite you to enjoy morning coffee, sunset drinks, & outdoor entertaining year-round.
The main level includes a spacious primary suite with dual closets & an en-suite bath, plus a guest bedroom & full bath. Downstairs, you’ll find a third bedroom & bath, two flexible bonus spaces, and a large workshop—ideal for hobbies, storage, or additional living space.
The home’s exterior features full stone construction, lush landscaping, an oversized 3-car garage, and a Class 4 roof installed in September 2024. It has been pre-inspected & the septic system is approved by LCRA.
This is more than a home—it’s a lifestyle. A place to gather with family, launch the boat in minutes, watch the sunrise over the lake, & build memories that last a lifetime.

THE NEIGHBORHOOD

Explore the location.

604 Inwood, Buchanan Dam, TX 78609

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2002
Full baths
3
Half baths
0
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Built-In Electric Oven, Dishwasher, Disposal, Ice Maker, Induction Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Purifier Owned, Water Softener Owned
Flooring
Carpet, Concrete, Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Inks Lake Village
Parcel
1254500001240
HOA
Inks Lake Village POA
HOA amenities
See Remarks
HOA fee frequency
Annually
Elementary school
Burnet
Middle school
Burnet (Burnet ISD)
High school
Burnet
HOA fee
$250.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,537.50
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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604 Inwood, Buchanan Dam, TX 78609 · MLS #ACT6364366

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Listing information

MLS #ACT6364366 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Brittany Maxwell

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.