Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$638,000

NAL Estimated Property Value

2232 County Road 140, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,632 Sq Ft
price_per_sqft$147 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Microwave, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBoat Ramp, Dock, Exterior Steps

Building Information

Year Built1976
Garage Spaces3

Land Information

APN12308
SubdivisionDonall Estates
Land UseResidential
Legal DescriptionS4100 DONALL ESTATES LOT PT 121, UNIT 3 & ESMT D & E & PT OF ISSAC CAS
Census Tract960200
Assessed Land Value$146,399
Assessed Improvement Value$222,951
Assessment Year2025

About this property

Seller has requested all Offers be presented online at HomePath. This is a Fannie Mae HomePath Property-REO
ID#20008T. Opportunity! Affordable Waterfront ready for Personal Touches! Features include: 4 Sides Brick, Island Kitchen open to spacious Family Room with Fireplace, Updated Bath, Indoor Utility Room with Sink, unfinished Garage Apartment, Large Covered Deck overlooking King-Size Back Yard, Lake/Hill Country View~HOA Park with Lake Access nearby. Check it Out and Make It Yours!FEMA - Unknown Guest Accommodations: Yes Restrictions: Yes

Investor Tools

Property Icon
$638,000
Estimated Property Value
$255,369Estimated Mortgage Balance
$382,631Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,828 /month
Positive
Cash Flow Estimate:
$1,276 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,825
$369,350
2025
$146,399
$222,951
$369,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,825
$369,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$281,250
No
First
Jul 16, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,369
$343,631
57%
40%
$1,687/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2232 County Road 140 | Property Details | No Agent List