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$282,000

NAL Estimated Property Value

1402 N Water St, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,511 Sq Ft
price_per_sqft$115.82 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
AppliancesCooktop, Electric Oven
FlooringConcrete, Vinyl, Wood

Exterior

Exterior FeaturesNone
Lot Size12,149 sqft

Building Information

Year Built1950
Garage Spaces2

Land Information

APN33534
Lot Number2
SubdivisionOaks Addition
Land UseResidential
Legal DescriptionS6750 OAKS ADDITION LOT 2 & E 15' OF LOT 7 BLK 10
Census Tract960302
Assessed Land Value$36,329
Assessed Improvement Value$239,261
Assessment Year2025

About this property

Loads of potential, on main street in Burnet, right off 21. Mixed use property, can be used for commercial business as well. Also available is over 1/2 acre next door, 1404 N Water. Owner is interested in selling both together if possible.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$293,363Estimated Mortgage Balance
$282,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,598
$275,590
2025
$36,329
$239,261
$275,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,598
$275,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Va
$300,000
Yes
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,363
N/A
0%
104%
$1,799/mo

City: Burnet

1402 N Water St | Property Details | No Agent List