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$1,228,000

206 Rain Lily Ct, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$563.24 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesBuilt-In Gas Oven, Disposal, Exhaust Fan, Microwave, Propane Cooktop, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Gas Grill, Lighting
Lot Size5 acres

Building Information

Year Built2019
Garage Spaces4

Land Information

APN112892
Lot Number11
SubdivisionMeadows At Bluebonnet Hill
Land UseResidential
Legal DescriptionS6161 MEADOWS AT BLUEBONNET HILL LOT 11, 5.0
Census Tract960200
Assessment Year2025

About this property

Welcome to 206 Rain Lily Court, a stunning Hill Country home nestled on a sprawling private acreage with panoramic views, a serene pond stocked with Bluegill and Bass, and the kind of tranquility you can only find in the heart of nature. This custom-built retreat in a gated community offers the perfect balance of elegant living and rustic charm, all just a short drive from city conveniences. The home features a timeless stone exterior, high-pitched rooflines, and expansive windows that flood the interior with natural light. Set back from the road, the driveway delivers a grand approach, framed by native landscaping. The expansive covered patio with tongue-and-groove ceiling offers the perfect place to unwind and enjoy breathtaking sunsets over the rolling landscape. Whether you’re entertaining guests while cooking in the custom outdoor kitchen or sipping your morning coffee, this is outdoor living at its finest. With unobstructed views across miles of lush countryside, every moment here feels like a postcard. Enjoy your own private oasis with a sparkling pond, natural walking paths, and beautifully manicured grounds including an approximately 7000 sq ft fenced in garden. The home’s craftsmanship is evident in every detail, from the exposed beams and stonework to the thoughtful layout that merges form and function. Generous patios, stone retaining walls, and tiered landscaping enhance both beauty and utility while a wildlife exemption assists in drastically reducing the tax burden on both available lots. If you’ve been dreaming of wide open skies, sunsets on the porch, and living life at a slower pace with luxurious touches throughout, this is your opportunity.

Investor Tools

Property Icon
$1,228,000
Estimated Property Value
$1,199,000Estimated Mortgage Balance
$46,536Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,550 /month
Positive
Cash Flow Estimate:
$2,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,151/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,666
$810,813
2025
N/A
N/A
$881,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,666
$810,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$1,199,000
Yes
First
Jul 23, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,183,244
N/A
0%
96%
$7,189/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.

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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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206 Rain Lily Ct | Property Details | No Agent List