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$235,000

NAL Estimated Property Value

1200 Oak St, Burnet, TX, 78611

$305,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.92 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
AppliancesBuilt-In Electric Oven, Dishwasher, Gas Cooktop, Microwave, Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size22,503 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APN33594
Lot Number1,2
SubdivisionOaks Addition
Land UseResidential
Legal DescriptionS6750 OAKS ADDITION LOT 1 & 2 BLK 20
Census Tract960302
Assessed Land Value$56,250
Assessed Improvement Value$160,474
Assessment Year2025

About this property

1955 Charmer on over half an acre with huge shade trees. This home has good "bones," and a few upgrades, but this is an opportunity to make it your own. Hardwood floors throughout under carpet. Third bedroom has been used as a flex space over the years for an office, dining, etc. 22x24 metal building in back yard with 220V electric and water. House has natural gas provided by Atmos. Easy access to Hwys 281 & 29.

Investor Tools

Property Icon
$235,000
Estimated Property Value
$165,215Estimated Mortgage Balance
$70,113Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$305,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,405
$216,724
2025
$56,250
$160,474
$216,724
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,405
$216,724

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Fha
$184,103
Yes
First
Dec 21, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,215
$63,785
27%
70%
$1,104/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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1200 Oak St | Property Details | No Agent List