Best waterfront properties on Lake LBJ

515 E Island Drive, Bluffton, TX 78607

4 Beds

3 Full baths

2,196SqFt

Active

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!

Property Details
Price $769,984
Bedrooms 4
Full Baths 3
Half Baths 0
Lot Size irregular
Acres 0.51
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Breakfast Bar
Exterior Features Open Concrete Areas, Garden, Sprinkler System
Year Built 1984
Subdivision Island Village
View Lake, Panoramic
Roof Metal
Waterfront Lake Buchanan West
Heating Central
Lot Description Landscaped
Pool features Above Ground
Association Amenities Pool
Geographic Data
Directions TX-261 N 5.4 mi- Sharp right towards Shaw Island Rd 154ft. Continue on Shaw Island Rd for 3.8 mi. Continue on E Island Dr. Destination on the left.
County Llano
Latitude 30.82794
Longitude -98.41817444
Address Information
Address 515 E Island Drive, Bluffton, TX 78607
Postal Code 78607
City Bluffton
State TX
Country United States
Listing Information
Listing Office The Mannings Realty Group- eXp
Listing Agent Tammy Burnes-Manning
Virtual Tour URL https://www.tourfactory.com/idxr3233607
School Information
District Llano
MLS Information
MLS Status Active
Listing Last Modified Apr 2, 2026
Tax ID 013288
MLS # HLM177270

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