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$326,384

NAL Estimated Property Value

124 Elmer Ave, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,701 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN117840
Lot Number7
SubdivisionWestfall Village
Land UseResidential
Legal DescriptionS8496 WESTFALL VILLAGE LOT 7, PHASE 1, BLK 2, 0.18
Census Tract960301
Assessed Land Value$34,650
Assessed Improvement Value$327,620
Assessment Year2025

About this property

New 3/2 home with open floor plan. Move in ready in November. Large Master Bath. Granite tops in the kitchen and bathrooms, custom built solid wood cabinets, upgraded wiring and breakers, stainless appliances, a large tiled master shower, sprinkler system and sod in front and side yards. Smart home features include Ring Video Door Bell, Schlage Encode Smart Lock, and a Honeywell Smart Thermostat. All these Smart Home devices can be controlled by the Brilliant Smart Home Control System included in the main area and master bedroom. The Brilliant Controllers will show you who is at the front door, control your lighting and work as an intercom system. LiftMaster Belt Driven Smart garage door opener is also included. If you don't like smart homes don’t worry, every smart home feature we install in our homes also work "old school."

Investor Tools

Property Icon
$326,384
Estimated Property Value
$169,740Estimated Mortgage Balance
$156,978Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,958 /month
Positive
Cash Flow Estimate:
$653 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,600
$326,384
2025
$34,650
$327,620
$362,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,600
$326,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$188,400
No
First
Feb 11, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,740
$156,644
47%
52%
$1,130/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.

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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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124 Elmer Ave | Property Details | No Agent List