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B+
NoAgentList RatingHow are grades calculated?Info
Days2188Days on Market
Views1view
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$259,900

129 Elmer Ave, Burnet, TX, 78611

$263,918 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,769 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.92 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
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 Size8,398 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN117829
Lot Number8
SubdivisionWestfall Village
Land UseResidential
Legal DescriptionS8496 WESTFALL VILLAGE LOT 8, PHASE 1, BLK 1, 0.19
Census Tract960301
Assessed Land Value$35,112
Assessed Improvement Value$354,619
Assessment Year2025

About this property

**INVESTORS ONLY** Fantastic cash flow opportunity, priced well below market value!! Welcome to this inviting 2020-built home in Burnet, offering comfortable living with a convenient location. The open floor plan creates an easy flow between the living, dining, and kitchen areas, with laminate flooring throughout and a spacious kitchen island that makes everyday living and entertaining a breeze. With no neighbors directly behind the home, you can enjoy added privacy and a more peaceful backyard setting. Location is a major plus, with HEB less than 5 minutes away, Burnet High School just 5 minutes from home, and local cafes and everyday conveniences only minutes away. Whether you're looking for a newer home with a practical layout or a place that keeps you close to everything Burnet has to offer, this home is ready to welcome you.

Investor Tools

$202,890Estimated Mortgage Balance
$164,372Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$263,917
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

Interested in this property?

Ann Langley

Langley Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$366,022
2025
$35,112
$354,619
$389,731
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$366,022

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$227,905
No
First
Sep 21, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,890
$163,132
44%
55%
$1,367/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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129 Elmer Ave | Property Details | No Agent List