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$318,000

105 N Rhomberg St, Burnet, TX, 78611

On MarketInfo
Baths2 Bath
Baths1,598 Sq Ft
price_per_sqft$199 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size7,501 sqft

Building Information

Year Built1950

Land Information

APN12475
Lot Number2
SubdivisionKerr Donation (5 Ac Blocks)
Land UseResidential
Legal DescriptionS4150 KERR DONATION (5 AC BLOCKS) LOT 2 BLK 3 (PT OF 5 AC) .1722
Census Tract960301
Assessed Land Value$22,500
Assessed Improvement Value$289,276
Assessment Year2025

About this property

This completely remodeled duplex, with income producing opportunities for tenant-owner, has been designed with a relaxing coastal theme. Both units were taken down to the studs to provide open, inviting floorplans. New paint, cabinets , and appliances add to the fresh air feeling. The sand colored LVT floors are a reminder of the beach. Laundry hookups are available in both units. Unit 1 is a 2 bedroom, 1 bath, approximately 500 sq.ft. Unit 2 is a 3 bedroom, 1.5 bath, approximately 1100 sq.ft. Both units have open back decks where you can sit and relax by an enormous oak tree. This is currently zoned residential, but has future Commercial Potential. Buyers will need to confirm zoning change or variance with the city.

Investor Tools

$155,211Estimated Mortgage Balance
$166,060Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /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
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,186
$311,776
2025
$22,500
$289,276
$311,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,186
$311,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hill Country Bank
Building Or Construction Loan
$165,100
No
First
Feb 24, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,211
$156,565
50%
48%
$990/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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105 N Rhomberg St | Property Details | No Agent List