515 E Island Drive, Bluffton, TX 78607
Property image
Property image
FOR SALE
0.51 ACRES

515 E Island Drive
Bluffton, TX 78607

  • 4 Beds
  • 3 Baths
  • 2,196 sqft (on 0.51 acres)

$699,900

Original price: $759,984
Est. Mortgage $4,122/mo*
Get Pre-Qualified

$699,900

Original price: $759,984
Est. Mortgage $4,122/mo*
Get Pre-Qualified
4 Beds
3 Baths
2,196 sqft
(on 0.51 acres)

Home Highlights

Outdoor
Patio, Deck, Pool
Price/Sqft
$319
Climate Control
Central & Central Air
Listed
144 days ago

Local Information

  • Map ViewExplore the area around 515 E Island Drive.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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 0.51 acres 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.
Last check for updates: about 2 hours ago
Listing courtesy of Tammy J Burnes-Manning, (325) 248-4573
The Mannings Realty Group- eXp
Source: HLMLS as distributed by MLS GRID, MLS#177270
Also Listed on HLMLS as distributed by MLS GRID.

Home Details for 515 E Island Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2196 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Range, Refrigerator, Washer Hookup, Electric Water HeaterDishwasherRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: One, OtherHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood, Stained Concrete
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Hardwood, Stained Concrete
View
Has a ViewView: Lake, Panoramic

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Patio, DeckExterior: Open Concrete AreasHas a Private Pool
Pool
Pool: Above GroundPool
Frontage
WaterfrontWaterfront: Open Water, Lake Buchanan WestRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Frontage Length: 200

Days on Market

Days on Market: 144

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Construction Materials: Wood Siding
Property Information
Parcel Number: 013288

Price & Status

Price
List Price: $699,900Price Per Sqft: $319
Status Change & Dates
Possession Timing: Closing/Funding

Active Status

MLS Status: Active

Location

Direction & Address
City: BlufftonCommunity: Island Village
School Information
High School District: Llano

Agent Information

Listing Agent
Listing ID: 177270

Building

Building Area
Building Area: 2196 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.51 acres

Energy

Energy Efficiency Features: Ceiling Fan(s)

Miscellaneous

Mls Number: 177270Water ViewWater View: Lake

Additional Information

HOA Amenities: Pool

Around this home

What Locals Say about Tow

At least 1 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 67 % Say there's holiday spirit

  • 67 % Say there are community events

  • 57 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say people would walk alone at night

  • 50 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Jackkeltch66
    "A good place full of quiet people and a long ways from anywhere. You have to be going here to get here due to it dead ending into the lake. Keep it that way. "
    0
    Flag
  • Jackkeltch66
    "It is nice, quiet, and out of the way. If you want hustle and bustle go somewhere else. Everyone else here loves their quiet. "
    1
    Flag
  • Ebnerbj
    "Great retirement community - lots of activities and fun for all ages. Everyone looks after each other. "
    1
    Flag
  • Sara H.
    "The area needs more restaurants but within 20 miles there are lots of places to eat and shop. Very clean and quiet. Love the neighbors, very friendly and always willing to lead a hand."
    0
    Flag

Market trends in Tow

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
1MoM

Home Value

Trulia Estimate
$670K
Since last month
Increased$5K (+0.8%)
Since last year
Increased$120K (+21.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -35% in the last 10 years
MonthEstimated value
2026
August 2026$670K
July 2026$665K
June 2026$660K
May 2026$666K
April 2026$723K
2025
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
352 Lakecrest, Bluffton, TX
0.27
Single-Family Home
-
09/26/25
3
2.5
2,260
520 E Island Drive, Bluffton, TX
0.03
Single-Family Home
-
07/02/26
2
2
1,500
374 W Lakecrest, Bluffton, TX
0.19
Single-Family Home
-
09/16/25
2
1
1,152
1715 Buckwheat Dr Drive, Tow, TX
2.16
Single-Family Home
-
08/18/26
3
2.5
1,791
114 Shady Grove, Tow, TX
2.23
Single-Family Home
-
01/06/26
3
3
1,958
520 Munson, Tow, TX
2.33
Single-Family Home
-
03/09/26
4
2
2,394
835 Whited St, Tow, TX
2.30
Single-Family Home
-
07/29/26
3
2
1,995
103 Lake Shore Loop, Tow, TX
2.41
Single-Family Home
-
11/26/25
3
2
2,086
104 Live Oak, Tow, TX
2.45
Single-Family Home
-
04/20/26
3
2
2,048
267 Munson Street, Horseshoe Bay, TX
2.42
Single-Family Home
-
11/18/25
3
2
1,500

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
520 E Island Drive, Bluffton, TX 78607
0.03
-
2
2
1,500
Recently Sold
00 E. Island Drive, Bluffton, TX 78607
0.08
-
-
-
-
Off Market
E Island Drive, Buchanan Dam, TX 78609
0.13
-
-
-
-
Off Market
220 W Lakecrest, Bluffton, TX 78607
0.17
$639,000
3
2
1,914
For Sale
746 E Island Dr, Bluffton, TX 78607
0.21
$661,000
Studio
2
2,889
Off Market
746 E Island Dr, Bluffton, TX 78607
0.21
$699,000
4
2.5
2,163
For Sale
374 W Lakecrest, Bluffton, TX 78607
0.19
$437,900
2
1
1,152
Off Market
352 Lakecrest, Bluffton, TX 78607
0.27
$425,200
3
2.5
2,260
Off Market
110 W Lakecrest Drive, Bluffton, TX 78607
0.29
$699,500
5
3
2,632
For Sale
508 W Lakecrest, Bluffton, TX 78607
0.32
$750,000
3
2
2,382
For Sale
736 W Lakecrest Dr, Bluffton, TX 78607
0.44
$894,000
4
3.5
3,295
For Sale

Price and Tax history

DateEventPrice
May 21, 2026
Source: HLMLS as distributed by MLS GRID #177270
PriceChange
$699,900
Price decreased by 8%
Apr 29, 2026
Source: HLMLS as distributed by MLS GRID #177270
PriceChange
$759,984
Price decreased by 1%
Apr 21, 2026
Source: HLMLS as distributed by MLS GRID #177270
PriceChange
$764,984
Price decreased by 1%
Mar 31, 2026
Source: HLMLS as distributed by MLS GRID #177270
Listed For Sale
$769,984
Oct 26, 2024
Source: Zillow Rentals
ListingRemoved
$2,500

LGBTQ Local Legal Protections

Tammy J Burnes-Manning, The Mannings Realty Group- eXp
Agent Phone: (325) 248-4573
Based on information submitted to the MLS GRID as of 2026-08-22 19:32:23 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 515 E Island Drive

  • What is the estimated monthly payment for 515 E Island Drive?
    Based on a $699,900 list price with 20% down at today's rates, the estimated monthly payment for 515 E Island Drive in Bluffton, TX is approximately $4,190 (about $3,648 principal & interest, $467 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 515 E Island Drive?
    The closest schools to 515 E Island Drive in Bluffton, TX are Burnet Elementary School (Pre-K), Burnet High School (rated 6/10), Burnet Middle School (rated 5/10).
  • What is 515 E Island Drive estimated to be worth?
    Trulia's estimated value for 515 E Island Drive in Bluffton, TX is $669,900.
  • Does 515 E Island Drive have air conditioning?
    Yes, 515 E Island Drive in Bluffton, TX has air conditioning.
  • Does 515 E Island Drive have a pool?
    Yes, 515 E Island Drive in Bluffton, TX has a pool.
  • How big is the lot at 515 E Island Drive?
    The lot at 515 E Island Drive in Bluffton, TX is about 0.51 acres (22,215 sq ft).
515 E Island Drive, Bluffton, TX 78607 is a 4 bedroom, 3 bathroom, 2,196 sqft single-family home built in 1984. This property is currently available for sale and was listed by HLMLS as distributed by MLS GRID on Mar 31, 2026. The MLS # for this home is MLS# 177270.