1000 Old Spanish TRL Buchanan Dam, TX 78609

Investor's dream or perfect owner-occupant opportunity! This unique property features two separate 1-bedroom, 1-bath homes situated on just over 1 acre of unrestricted land, just minutes from Lake Buchanan and Lake LBJ. One of the homes is currently leased for $1,000/month, offering immediate income, while the second is a brand-new construction ready for its first occupant. Whether you're looking to live in one and rent the other, lease both for maximum return, or expand by adding additional rental units or short-term vacation homes, this property offers excellent flexibility and future potential. With scenic Hill Country surroundings and easy access to area lakes, this is a rare chance to own income-producing real estate in a rapidly growing and desirable location.