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$252,000

NAL Estimated Property Value

1018 N Vanderveer Street, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,807 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$41.51 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

AuctionHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5

Exterior

Lot Size10,650 sqft

Building Information

Year Built1971

Land Information

APN10212
Lot Number16
SubdivisionCorder
Land UseResidential
Legal DescriptionS3800 CORDER LOT 16, PT OF 17 BLK 2
Census Tract960302
Assessed Land Value$31,950
Assessed Improvement Value$170,724
Assessment Year2025

About this property

AUCTIONEERS ANNOUNCEMENT. Bidding now OPEN with seller’s informed consent. Auctioneer intends to increase bids. Opening or starting bid may be more or less as indicated. Most auctions start at $1 at online public bidding sites with increasing increments. The Auctioneer has full authorized discretion of publishing starting bid and bid increments in the auction process live or online. (Message the Auctioneer how to access the reserve) One Property may be purchased immediately when Reserve Met is authorized. Make a bid to offer the price you are willing to pay. When bidding is active, see the last bid. Cash or Seller may consider qualified pre-approved alternate payment. Submit offers to the Auctioneer. Subject to Terms and Conditions of Sale, Buyer Costs, as is Condition, Competitive Bids, Seller authorized reserved rights with the liberty of bidding, and Auctioneer Fees. (13) percent Buyer’s Premium applies in addition to offer. Myers Jackson Auctioneer TDLR 17057

Investor Tools

Property Icon
$252,000
Estimated Property Value
$131,113Estimated Mortgage Balance
$120,887Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,261
$202,674
2025
$31,950
$170,724
$202,674
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,261
$202,674

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank Of Burnet
Commercial
$136,000
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,113
$120,887
47%
52%
$816/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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1018 N Vanderveer Street | Property Details | No Agent List