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$214,900

104 Riparian Elm Road, Burnet, TX, 78611

On MarketInfo
Baths0 Bath
Baths180 Sq Ft
price_per_sqft$1,193.89 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size3.07 acres

Building Information

Garage Spaces2

Land Information

APN122815
Lot Number31
SubdivisionShin Oak Bend
Land UseRural Land, Non Qualified Open Space Land, Im
Legal DescriptionS7731 SHIN OAK BEND LOT 31 3.072
Assessed Land Value$153,600
Assessed Improvement Value$7,520
Assessment Year2025

About this property

Nestled in the Texas Hill Country just outside Bertram, this 3-acre property offers open space and quiet country living. The land features native grasses, scattered oaks, and wide Texas skies, giving you room to spread out while still being close to town. Sitting on the property is a solid 1,880-square-foot barndominium shell, built with a durable steel frame and exterior. The interior is open and ready for a buyer to finish out to their own style and layout. Whether you’re planning a modern farmhouse look, rustic Hill Country feel, or a simple and practical design, the structure gives you a strong head start. Electric is available at the road, property will need a well and septic installed. With three acres and relaxed deed restrictions, there’s plenty of room for a shop, garden, or a few animals. It’s the kind of place where you can enjoy quiet evenings, open views, and the slower pace of country life without being far from everyday needs. Bertram still carries that small-town Hill Country character, while nearby Liberty Hill, Burnet, and the north Austin area provide convenient access to shopping, dining, and services. This property offers a great opportunity to finish out a barndominium and enjoy space, privacy, and Texas Hill Country living.

Investor Tools

$108,361Estimated Mortgage Balance
$52,759Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,289 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Paige Lewallen

Hanszen-Bailey Real Estate Ser

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,227
$161,120
2025
$153,600
$7,520
$161,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,227
$161,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$112,400
No
First
May 29, 2024
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,361
$52,759
32%
67%
$674/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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