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$469,000

NAL Estimated Property Value

116 Stanberry Ln, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
price_per_sqft$179.69 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Exhaust Fan, Microwave, Plumbed For Ice Maker, Free-Standing Electric Range, Refrigerator, Self Cleaning Oven, Electric Water Heater, Water Softener, Water Softener Owned
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size3.01 acres

Building Information

Year Built2016

Land Information

APN58939
Lot Number2B
SubdivisionLewallen Subdivision
Land UseResidential
Legal DescriptionS6080 LEWALLEN SUBDIVISION LOT 2B 3.01
Census Tract960302
Assessment Year2025

About this property

Charming, newly remodeled 3 bedroom-2 bath older home on 3 Unrestricted acres just outside of Burnet City Limits. New paint inside &out, new laminate flooring, updated cabinets w/granite counter tops, laundry room with office space & pantry shelving. Large storeroom connected to house. Man cave/workshop for all your toys and tools, circle drive, large trees. Horses and livestock welcome. No city tax,no POA. Bring the family and the pets to this rare find in Burnet County.

Investor Tools

Property Icon
$469,000
Estimated Property Value
$89,384Estimated Mortgage Balance
$379,616Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,490
$421,470
2025
N/A
N/A
$514,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,490
$421,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$100,000
No
First
Nov 18, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,384
$380,616
80%
19%
$600/mo

City: Burnet

116 Stanberry Ln | Property Details | No Agent List