16838 RM 2241, Tow, TX — photo 1
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$1,799,900
13 beds12 baths8,017 sqft

16838 RM 2241, Tow TX 78672

MLS #239630117 · Keller Williams Heritage · Billy Stephens

Residential
Built in 1985
875,556 sqft Lot
$225/sqft

About this home

Driftwood Shores Resort spans 2.73 acres on Lake Buchanan with an incredible 875’ of waterfront—your chance to own a proven lakefront resort with massive potential. The property includes 8 fully equipped cottages, 2 homes, a front office, a leased post office, a lakeside party barn, multiple storage buildings, and a long list of amenities designed for easy lake living and income production. The waterfront delivers big: covered boat slips, a concrete boat ramp, natural shoreline with concrete steps into Lake Buchanan, plus a private fishing pier and a picnic pavilion just steps from the water. It’s the ideal setup for guests, anglers, and lake lovers alike. The party barn offers HVAC, a kitchenette, concrete floors, and an attached carport—perfect for events or gear storage. Additional storage buildings include a workshop, supply shed, tractor barn, and garden shed, giving the property the operational backbone of a true lakefront resort. Each cottage features its own grill, parking, AC, kitchen setup, and unique layout, offering flexible accommodations for short-term rentals, long-term guests, or a full resort operation. With no city zoning or regulations, abundant parking, two lakeside firepit areas, and wide-open lake views, Driftwood Shores Resort is a rare opportunity to own, operate, reimagine, or redevelop a multifaceted waterfront property on one of Texas’ beloved lakes.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1985
Full baths
12
Lot size
875 x 556
Subdivision
NA
MLS area
LL
MLS #
239630117

Features

Interior features

  • Eat-in Kitchen
  • High Speed Internet
  • Storage

Exterior features

  • Balcony
  • Barbecue

Additional details

Parking
Carport, Circular Driveway, Covered, Parking Pad, Unpaved
Garage spaces
0
Roof
Metal
Foundation
Pillar/Post/Pier
Annual tax
$1,151

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Schools

Assigned schools per the MLS.

School district
Llano ISD
Elementary
Llano
Middle
Llano
High
Llano

Comparable homes near 16838 RM 2241

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
60.6 mi
Austin-Bergstrom Airport
67.3 mi

Straight-line distance, not drive time.

Market insights

Compared with 24 active homes in ZIP 78672 · HomeLocating listings

Area median price
$407,450
This home vs. median
342% above
Homes with a price cut
25%

At $1,799,900, this home is priced 342% above the $407,450 median across 24 active homes in ZIP 78672.

Estimated monthly payment

$9,947/mo
Principal & interest$9,101/mo
Property taxes
Home insurance (est.)

Home price

$1,799,900

Down payment

20% ($359,980)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Keller Williams Heritage · Billy Stephens

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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