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$799,000

155 Cherry Ridge Dr, Burnet, TX, 78611

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,861 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$429.34 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available

Exterior

Lot Size12.14 acres

Building Information

Year Built2005
Garage Spaces5

Land Information

APN72340
Lot Number2,B
SubdivisionCherry Ridge Ranch (Unrecorded)
Land UseAgriculture / Farming
Legal DescriptionS3655 CHERRY RIDGE RANCH (UNRECORDED) LOT 2-B, 12.14
Census Tract960302
Assessed Land Value$20,740
Assessed Improvement Value$359,509
Assessment Year2025

About this property

12.14 acres - site-built home - 2,400 sq. ft. shop on slab and more! Just minutes from Burnet, TX, this hidden oasis has everything you could want in a Texas Hill Country property. 12-plus acres of rolling hills with nice open areas for hunting and shooting. The property is lightly restricted and wildlife exempt for low taxes. A custom-built (2004) 3/2.5 stone-clad home with an attached garage. Large open living/kitchen/breakfast nook with 9' ceilings and lots of windows. The kitchen has nice hardwood cabinets and an adjacent formal dining room. The owner's bathroom has a jetted tub w/ shower as well as a separate shower. This home has lots of built-in custom cabinets, shelves, and upgrades throughout. A multi-camera security system is included in the sale, perfect for monitoring your property at all times. Outside there are countless improvements including: solar screens on the home, multiple carports, storage buildings, high-fenced garden (apple, peach, pear, and wild cherry trees, blackberry & blueberry bushes, grapevines), greenhouse, chicken coop, perimeter fenced and cross-fenced, and so much more. The backyard has a deluxe gazebo, cooking area, and hot tub, perfect for relaxing and enjoying your private hideaway. The large shop has three 12x12 roll-up doors, walk-in door, and electric. Most commercial ventures are allowed; this might just be the perfect "live/work" setup. All this just minutes from Burnet, TX, with numerous shops, restaurants, and a very nice HEB! It's time to move to the country!

Investor Tools

$0Estimated Mortgage Balance
$791,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

Joe Hilton

Jesse James Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,576
$380,249
2025
$20,740
$359,509
$602,309
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,576
$380,249

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$812,000
100%
0%
$0/mo

City: Burnet

155 Cherry Ridge Dr | Property Details | No Agent List