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ActiveMLS #7708458

736 W Lakecrest DR, Bluffton TX 78607

Bluffton, TX 78607 · Island Village

Single Family Residence for sale in Island Village

4Bedrooms
2 full / 3 halfBathrooms
3,295Square Ft
0.99Acres
2Garage
1975Year Built
Price Reduced
1 / 40
$848,000$997,000

Overview

Property Description

THE SELLER SAYS 'MAKE A REASONABLE OFFER'. THIS IS A 'MUST SEE' PROPERTY. Main house built 2001 with breezeway connecting to guest house. Both homes provide a panoramic, 5-mile UNOBSTRUCTED open water view on nearly 300 feet of waterfront on Shaw Island, Lake Buchanan. Views include Rocky Point, Buchanan Dam, Black Rock Park and the shorelines toward Llano and Burnet. This beautiful and meticulously maintained property features waterfront enjoyment amenities like the oversized screened porch, bright and inviting sunroom, sculpture garden with meteorological devices to track weather patterns, wind velocity and lake stats. Boat barn storage and oversized garage house all the lake necessities! The concrete boat ramp and wide-open extensive property will accommodate the whole tribe for endless entertaining and maximum lake enjoyment. Two of the four WF lots could be a resale or new build site. Main house has an open concept living/dining to kitchen with banks of windows, expansive master with ensuite bath, extensive walk-in closet, discreet storm/safe room, powder bath. Across the breezeway, the guest house has a full, vintage kitchen with breakfast bar, cheery, water colored cabinetry, living space with glass doors and windows for a complete lake experience at all times- 3 bedrooms, 1.5 baths and a brightly lit lakeside sunroom. Sustainability features include above ground gasoline storage and two bulk water storage tanks. Oversized garage/workshop has tons of storage and half bath. For weekend or lifetime island living, or a lucrative short term rental investment opportunity, you must see it to appreciate this great investment. Only 1.5 hours from AUS and 2 hours from SAT airports.

Financial Info
Price
$848,000
$ / Sqft
$257
HOA
None
Tax Rate
1.13%
Est. Taxes
$11,170
Tax Year
2025
Exemptions
None
Legal Info
Address
736 W Lakecrest DR
County
Llano
City
Bluffton
State
TX
Zip
78607
Subdivision
Island Village
Legal Description
ISLAND VILLAGE SECTION 2 LTS 221 - 224
Parcel
34993
Interior Features
Floor
Carpet, Concrete, Tile
Num Living
2
Dining
2
Kitchen
Granite Counters, Pantry
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Range, Refrigerator
Laundry
In Garage, Main Level
Master Bed
2 Primary Baths, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Raised Hearth, Stone, Wood Burning
Interior Features
2 Primary Baths, 2 Primary Suites, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Granite Counters, Electric Dryer Hookup, High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Smoke Detector(s), Blinds, Insulated Windows, Screens
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
2 / 3
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1975 / Updated/Remodeled
Square Feet
3,295 / Public Records
Garages
2
Garage Desc
Attached Carport, Concrete, Covered, Driveway, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Metal
Construction
Brick, Frame
Acres
0.99
Lot Description
Back Yard, Front Yard, Landscaped, Level, Public Maintained Road, Sprinkler - In-ground, Views
Restrictions
None
Flood Plain
No
View
Hill Country, Lake, Panoramic, Water
Water Access
Yes
Waterfront
Yes
Area
LL
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Other, Sewer Connected, Water Connected
Heat
Central, Fireplace(s)
A C
Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
Exterior Features
Fence
Chain Link, Wood
Exterior Features
Boat Ramp, Gutters Full, No Exterior Steps, Private Yard, Enclosed, Rear Porch, Screened
Pool On Property
No
Area Amenities
Fishing, Lake

Rooms

Rooms4 rooms

Main level

  • Primary Bathroom

    Full Bath, Separate Shower, Walk-In Closet(s)

  • Bedroom

    Private entrance to sunroom.

    Half Bath

  • Bathroom

    Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)

  • Primary Bedroom

    Main house primary suite with banks of windows with lake view, discreet storm room entrance, bath with double vanity and walk in closet.

    Ceiling Fan(s)

Price history

Days on market
−$149,000 (−14.9%)
$997,000 → $848,000
4
Price reductions
Active
Since May 5, 2026
Price trend
List priceMay 2026 → Oct 2026
Property history5 events
DateEventPriceChange
Oct 19, 2026Price Decrease$848,000−$46,000 (−5.1%)
Aug 22, 2026Price Decrease$894,000−$55,000 (−5.8%)
Jul 24, 2026Price Decrease$949,000−$36,000 (−3.7%)
Jul 14, 2026Price Decrease$985,000−$12,000 (−1.2%)
May 5, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
BurnetCONSISD
Elementary
Burnet
Middle
Burnet (Burnet ISD)
High
Burnet

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $848,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$5,926 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $5,926

Principal & interest
$4,288
Property taxes
$931
Homeowners insurance
$707

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$678,400$7,583$43,873$670,817
2$670,817$8,090$43,365$662,727
3$662,727$8,632$42,823$654,095
4$654,095$9,210$42,245$644,884
5$644,884$9,827$41,628$635,057
6$635,057$10,485$40,970$624,571
7$624,571$11,188$40,268$613,384
8$613,384$11,937$39,518$601,447
9$601,447$12,736$38,719$588,711
10$588,711$13,589$37,866$575,121
  • Year 1$670,817
    Principal paid
    $7,583
    Interest paid
    $43,873
    Starting balance
    $678,400
  • Year 2$662,727
    Principal paid
    $8,090
    Interest paid
    $43,365
    Starting balance
    $670,817
  • Year 3$654,095
    Principal paid
    $8,632
    Interest paid
    $42,823
    Starting balance
    $662,727
  • Year 4$644,884
    Principal paid
    $9,210
    Interest paid
    $42,245
    Starting balance
    $654,095
  • Year 5$635,057
    Principal paid
    $9,827
    Interest paid
    $41,628
    Starting balance
    $644,884
  • Year 6$624,571
    Principal paid
    $10,485
    Interest paid
    $40,970
    Starting balance
    $635,057
  • Year 7$613,384
    Principal paid
    $11,188
    Interest paid
    $40,268
    Starting balance
    $624,571
  • Year 8$601,447
    Principal paid
    $11,937
    Interest paid
    $39,518
    Starting balance
    $613,384
  • Year 9$588,711
    Principal paid
    $12,736
    Interest paid
    $38,719
    Starting balance
    $601,447
  • Year 10$575,121
    Principal paid
    $13,589
    Interest paid
    $37,866
    Starting balance
    $588,711
First 10 of 30 years

Nearby

Courtesy of RE/MAX of Marble Falls · (830) 798-1443

Listings courtesy of ACTRIS as distributed by MLS GRID.