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$795,000

1604 County Road 128, Burnet, TX, 78611

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$438.5 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Bathrooms Half 0.5Bathrooms Half 0.5
Garage AvailableGarage Available
AppliancesMicrowave, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1981
Garage Spaces2

Land Information

APN40724
Lot Number52
SubdivisionSilver Creek Village
Land UseResidential
Legal DescriptionS7750 SILVER CREEK VILLAGE LOT 52, UNIT 1
Census Tract960200
Assessed Land Value$153,840
Assessed Improvement Value$560,779
Assessment Year2025

About this property

Are you looking to get away from the hustle & bustle of the city and all that traffic? Then you have got to come see this wonderful lake front - East side of Buchanan Lake, Silver Creek subdivision, 3 bd / 3 bath 2 story home with master bedroom and bathroom on 2nd floor. Great windows giving you beautiful views of the lake. You can access the large deck on back through French doors in living area and both downstairs bedrooms. French doors in the dining area leads to the covered porch. Just imagine enjoying the peaceful mornings and evenings sitting on the deck or the covered porch. Lots of nice large shade trees in front and back. Lake front living at it's best. Just 1 1/2 hours from Austin. The Highland lakes area offers lots of fun things to do such as vineyards, horseback riding, dancing and much more.

Investor Tools

$284,502Estimated Mortgage Balance
$504,902Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /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
$990/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$544,515
2025
$153,840
$560,779
$714,619
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$544,515

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Reverse Mortgage / Hecm
$450,000
No
First
Nov 18, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,502
$502,498
63%
36%
$2,698/mo

City: Burnet