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About This Home

This 4-bedroom, 3-bathroom single family at 515 E Island Drive in Bluffton, TX is listed for $699,900 ($319 per sqft). Built in 1984, the home offers 2,196 sqft of living space on a 0.51 acres lot.

Agent Description

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!

Key Features

  • Built in 1984
  • 0.51 acre lot
  • Fireplace

Property Details

1 story
3 full
1984

Amenities

FireplaceViewHardwoodA/C

Monthly Cost Estimate

$3,743/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

515 E Island Drive

Bluffton, TX 78607

Island Village

Features & Amenities

Interior Features

Breakfast Bar

Exterior Features

Open Concrete AreasGardenSprinkler System

Property Details

Flooring

ConcreteHardwood

Construction

Wood Siding

Views

Lake

Pool Features

PatioDeck

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectric RangeRefrigeratorWasher HookupElectric Water Heater

Questions & Answers

This 4-bedroom, 3-bathroom single family at 515 E Island Drive is listed at $699,900 ($319/sqft). The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 0.51 acre lot, Fireplace. Interior Features: Breakfast Bar. Exterior Features: Open Concrete Areas, Garden, Sprinkler System.

This property is listed by Tammy Burnes-Manning and can be reached at 3252484573 or tammy@hometownlbj.com.

TB

Tammy Burnes-Manning

Agent at The Mannings Realty Group- eXp

(325) 248-4573

Listed by The Mannings Realty Group- eXp · View on Broker Site

MLS# 177270· Source: listhub· Updated 62 days ago

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 E Island Drive, Bluffton, TX 78607

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