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$294,000

NAL Estimated Property Value

1220 Applewood Dr E, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,314 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Water Heater, Microwave, Oven, Refrigerator
FlooringConcrete

Exterior

Lot Size4,648 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN110856
Lot Number1
SubdivisionWoodlands
Land UseResidential
Legal DescriptionS8706 WOODLANDS LOT 1, SEC 1
Census Tract960302
Assessed Land Value$15,000
Assessed Improvement Value$271,781
Assessment Year2025

About this property

Welcome to this charming house conveniently located in The Woodlands neighborhood located right at a mile to the schools and to the bustling town of Burnet where you can get your groceries at HEB and shop the downtown square. 3 bedrooms and 2 bathrooms, 1,314 sqft, concrete floors throughout and an open floorplan make this a perfect place to call home. HOA does not allow for fencing, but there is a small enclosed space directly behind the house. Small dog under 20 lbs allowed- no cats.

Investor Tools

Property Icon
$294,000
Estimated Property Value
$112,812Estimated Mortgage Balance
$181,188Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,290
$286,781
2025
$15,000
$271,781
$286,781
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,290
$286,781

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mary Ellen Fariss
Purchase Money Mortgage
$120,000
No
First
Feb 17, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,812
$181,188
61%
38%
$720/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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1220 Applewood Dr E | Property Details | No Agent List