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$900,000

101 N Randall Ct, Burnet, TX, 78611

On MarketInfo
Baths0 Bath

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,492 sqft

Land Information

APN106738
Lot Number13
SubdivisionHighland Oaks
Land UseResidential
Legal DescriptionS5207 HIGHLAND OAKS LOT 13, PHASE 2, BLK 5
Census Tract960302
Assessed Land Value$12,400
Assessment Year2025

About this property

$900,000 24 buildable lots Prime Development Opportunity in Burnet – Final Phase of Highland Oaks Seize the opportunity to develop the final phase of Highland Oaks (Phase 4)—a proven, successful subdivision in the rapidly growing city of Burnet, TX. This flat, buildable land is perfectly positioned within walking distance of Burnet High School, offering an attractive location for future homeowners. We originally acquired 50 residential lots, successfully building and selling out the first 25 homes on Thomas Cove. Now, we’re offering the remaining platted lots on Randall Court as a package deal—an ideal investment for a builder ready to bring this subdivision to completion. Key Features: *Ready for Development – All lots are platted, and water/sewer connections are available just off the main road. *Proven Demand – The first 25 homes sold successfully, demonstrating strong buyer interest. *High-Growth Area – Burnet is experiencing tremendous growth, with increasing demand for housing. *Infrastructure Needed – Final phase requires road, gutters, and utility connections, providing a clean slate for your vision. *Strategic Location – Close to schools, shopping, and major thoroughfares, making it highly desirable for future buyers.

Investor Tools

$0Estimated Mortgage Balance
$386,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

Emily Dieckmann

eXp Realty - Austin

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$132/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$229
$12,400
2025
$12,400
N/A
$12,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$229
$12,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$264,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Burnet

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