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$325,000

NAL Estimated Property Value

141 Rylee Rd, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$178.5 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Water Heater, Disposal, Microwave, Self Cleaning Oven, Stainless Steel Appliances
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone
Lot Size8,760 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN114353
Lot Number38
SubdivisionCottages At Westfall
Land UseResidential
Legal DescriptionS3832 COTTAGES AT WESTFALL LOT 38
Census Tract960301
Assessed Land Value$35,124
Assessed Improvement Value$289,876
Assessment Year2025

About this property

2020 Modern Farmhouse; 3-2 Custom Home in the Cottages At Westfall, City of Burnet ; 9ft ceilings, sod in front & back w/sprinkler system. Extended back porch, open shelving in laundry room & guest bath, subway tile in the kitchen & ship-lap wall in living room. Custom cabinets in kitchen w/drawers for pots, pans & storage. Temporary wall in garage, making the playroom, can either be removed or finished out per buyer's request. House feels NEW, but with the improvements already in placeFEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$325,000
Estimated Property Value
$167,365Estimated Mortgage Balance
$157,635Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,642
$325,000
2025
$35,124
$289,876
$325,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,642
$325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$188,000
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,365
$157,635
48%
51%
$1,128/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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