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$679,000

NAL Estimated Property Value

122 Ethan Ln, Burnet, TX, 78611

$736,749 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,790 Sq Ft
price_per_sqft$282.8 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesBuilt In Electric Range, Cooktop, Down Draft, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Disposal, Microwave, Oven, Range Hood, Self Cleaning Oven, Stainless Steel Appliances, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesLighting, No Exterior Steps, Rain Gutters
Lot Size2.01 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APN122516
Lot Number6
SubdivisionBurnet Hilltop Estates
Land UseSingle Family Residence
Legal DescriptionS3504 BURNET HILLTOP ESTATES LOT 6, 2.01
Census Tract960200
Assessed Land Value$128,640
Assessed Improvement Value$480,614
Assessment Year2025

About this property

McKay Vassaur Custom Builders is now offering multiple solutions to assist Buyers with the increased mortgage rate environment. MVCB is willing to assist with a 2-1 Buydown, assistance with closing costs, or a combination of both. This is a fantastic opportunity to move into one of Burnet's newest communities, Burnet Hilltop Estates. Hill Country meets contemporary with this 5 bed / 3 bath home sitting on a sprawling 2-acre lot. 122 Ethan features an open-concept floorplan with a dedicated office and dining area. The fireplace becomes a focal point of the interior with floor-to-ceiling stone surrounding a raised hearth and custom-built mantle. Granite countertops in the kitchen compliment designer cabinetry with hardware installed, and stainless steel appliances. The primary bedroom offers direct access to the back patio and the primary bathroom includes granite countertops, a full tub, and a walk-in shower. His and hers primary closets provide ample space not found in many newer homes. Access to the laundry room is a breeze and has designer tile installed along with a full sink and cabinetry and hanging rods. Finishing out the interior, along with 2 full bathrooms, are 3 additional bedrooms with 1 room flexible as a bedroom, office, or media space. Stepping out to the back patio, you are welcomed by covered tongue and groove wood in the ceiling and fireplace with stone surround and raised hearth. A circular drive welcomes family and guests at the front of the property, offering plenty of space for parking and ease of getting in and out of the property. Sitting on spacious 2 acres, 122 Ethan is only 8 minutes from downtown Burnet and 5 minutes from Burnet High School. With the ability to add outbuildings such as RV storage, workshops, or ADU's, 122 Ethan has it all!

Investor Tools

Property Icon
$679,000
Estimated Property Value
$763,497Estimated Mortgage Balance
$679,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$736,749
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,734 /month
Positive
Cash Flow Estimate:
$1,578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,024/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$609,254
2025
$128,640
$480,614
$609,254
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$609,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$784,427
Yes
First
Oct 9, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$763,497
N/A
0%
112%
$4,704/mo

City: Burnet

122 Ethan Ln | Property Details | No Agent List