ActiveResidential · sale

746 E Island Dr

Bluffton, TX 78607

$699,000

  • 4 beds
  • 3 baths
  • 2,163 sq ft
  • 0.3 acres
  • Built 1989

Listed by Listing Results, LLC · MLS #ACT9583036

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PROPERTY QUESTIONS & SHOWINGS

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746 E Island Dr, Bluffton, TX 78607 · MLS #ACT9583036

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Each offers something unique - a large bunkhouse style room that can easily sleep 4+ by itself (complete with 1/2 bath), a master with direct access to the lakefront patio, and much more.

Year built

Built in 1989.

Property size

0.3 acres listed.

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

THE PROPERTY

Get to know the property.

Incredible opportunity to own a lakeside retreat on Shaw Island, with amazing panoramic vistas and Lake Buchanan just a few steps from the door. Enjoy the island's peaceful and private setting, with eagles, deer, turtles, pelicans, and other wildlife, along with great fishing and water views from both sides of the home.
The property features an ideal layout, with four bedrooms - two downstairs and two upstairs. Each offers something unique - a large bunkhouse style room that can easily sleep 4+ by itself (complete with 1/2 bath), a master with direct access to the lakefront patio, and much more.
The main room is spacious, and has an amazing curved wall of windows to maximize lake views. The dining areas are currently configured to seat 14, and the outdoor spaces provide additional dining and relaxation options - including a large concrete patio and upper deck with a view that must be seen to be believed.
Thoughtful details abound, including granite countertops, quality fixtures, walk-in closets, four sets of double doors on the lake side of the home, and a laundry/utility room. There are two sheds on the property for outdoor storage, as well as a two-vehicle carport. Other recent improvements include complete exterior staining and new lake-side windows on the first floor (both 10-2025).
The home is low-maintenance, with an efficient HVAC system and quality appliances. It is equally well suited for weekend retreats or full-time living.
This highly recognizable home has been well cared for, and is being sold virtually turn-key, with many furnishings included, and others negotiable. A fantastic opportunity to invest, relax, and live on beautiful Lake Buchanan!

THE NEIGHBORHOOD

Explore the location.

746 E Island Dr, Bluffton, TX 78607

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1989
Full baths
2
Half baths
1
Garage spaces
0
Cooling
Central Air
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Dryer, Free-Standing Range, Refrigerator, Washer, Electric Water Heater
Flooring
Carpet
Fencing
Chain Link
Accessibility
None
Pool features
None
Subdivision
Island Village
Parcel
1256500400090
Elementary school
Shady Grove
Middle school
Burnet (Burnet ISD)
High school
Burnet
Annual property tax
$7,094.41

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$1,517.24
Estimated monthly rent$2,912.50
Cap rate2.85%

Annual operating income: $19,954.39

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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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

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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
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Listing information

MLS #ACT9583036 · Austin Board of Realtors

Listing brokerage: Listing Results, LLC
Listing agent: Jack McLemore

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