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$1,245,000

NAL Estimated Property Value

1618 County Road 134, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,702 Sq Ft
price_per_sqft$822.56 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesDock, Boat Slip

Building Information

Year Built2000
Garage Spaces1

Land Information

APN38725
Lot Number24
SubdivisionShangri La
Land UseResidential
Legal DescriptionS7650 SHANGRI LA LOT 24
Census Tract960401
Assessed Land Value$759,800
Assessed Improvement Value$312,088
Assessment Year2025

About this property

Welcome to Shangri-La on the Colorado Arm of Lake LBJ! This is an outstanding offering with a 1277 sq ft 3/2 one owner home with 76 waterfront footage, concrete and steel boathouse with roof top deck with incredible open water views and stunning sunsets! Deep, cold , inviting waters offer great fishing & boating. Plenty of room for add on and a pool in backyard! Over a quarter acre across the street, off water , with a 450 sq ft 1 car garage and attached 425 sq ft storage/flex room with full bath! Septic drain field is also located on the off water lot. Come check out this unique offering in an outstanding location on Lake LBJ before it's gone! Shangri-La has restrictions against nightly rentals, they are not allowed. HOA provides a boat ramp for the property owners.

Investor Tools

Property Icon
$1,245,000
Estimated Property Value
$797,095Estimated Mortgage Balance
$449,098Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$944/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,104
$1,071,888
2025
$759,800
$312,088
$1,071,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,104
$1,071,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$806,500
No
First
Aug 22, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$797,095
$350,905
30%
64%
$4,836/mo

City: Burnet

1618 County Road 134 | Property Details | No Agent List