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$1,550,000

103 Hessie Ave, Burnet, TX, 78611

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths0 Bath
Baths2,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$728.04 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesCooktop, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Free Standing Gas Range, Disposal, Microwave, Oven, Refrigerator, Range Hood, Water Softener Owned, Tankless Water Heater, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesDock, Garden, Private Yard, Rain Gutters, See Remarks, Fire Pit
Lot Size1.75 acres

Building Information

Year Built2020
Garage Spaces4

Land Information

APN114716
SubdivisionJeptha Boyce, Abst 57 (Unrecorded Sub)
Land UseResidential
Legal DescriptionS0057 JEPTHA BOYCE, ABST 57 (UNRECORDED SUB) 1.75
Census Tract960401
Assessed Land Value$180,000
Assessed Improvement Value$626,190
Assessment Year2025

About this property

Nestled into a private gated community, and positioned on 1.75 waterfront acres with 234 ft of shoreline and ownership of the inundated property to the water's edge, this custom home was thoughtfully designed to capture panoramic lake views and breathtaking sunsets from the main living spaces and expansive front porch. Inside, the open-concept floor plan is anchored by soaring ceilings with tongue-and-groove wood, massive cedar beams, and an impressive 18-ft Colorado river rock gas fireplace with a custom hand-hewn mantel. Shiplap walls, high-end luxury vinyl plank flooring, custom doors, black wrought iron hardware, and Delta Brizo fixtures create a warm, elevated aesthetic. The chef's kitchen is both beautiful and highly functional, featuring custom soapstone countertops, a farmhouse porcelain sink, Chicago brick backsplash, rough-hewn shelving, GE Cafe appliances, french oven, a warming drawer, dual microwaves, pot filler, oversized sink, brand-new Samsung Bespoke refrigerator, and an oversized mudroom with additional pantry storage. All 3 bedrooms comfortably accommodate king-sized beds and feature private en-suite baths with quartz countertops, custom tile work, built-in closets, and premium brass hardware. The home includes a Generac whole-house generator, private well, water treatment system, 5,000-gallon water storage tank, Starlink internet, underground propane tank, foam attic insulation, a one-year-old metal roof, and remote-controlled blinds in the living room, kitchen, & primary suite. Outdoor living is equally impressive with a custom fire pit, fenced garden with raised beds, walking trails through the wooded portion of the property, and direct access to the lake via private boat dock. A 4 car garage with epoxy floors, full-length attic storage, oversized driveway, and large equipment shed provide abundant space for vehicles, boats, and recreational gear. Some furniture, lawn equipment, mower, and 2021 24UC Barletta Tritoon boat negotiable.

Investor Tools

$0Estimated Mortgage Balance
$937,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,300 /month
Positive
Cash Flow Estimate:
$3,100 /month

Interested in this property?

Lauren Hoy

Spyglass Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,514
$806,190
2025
$180,000
$626,190
$806,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,514
$806,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$937,000
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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103 Hessie Ave | Property Details | No Agent List