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$302,000

NAL Estimated Property Value

240 Pepper Mill Loop, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,515 Sq Ft
price_per_sqft$223.1 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Water Softener
FlooringCarpet, Tile

Exterior

Exterior FeaturesDog Run
Lot Size8,276 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN117611
Lot Number47
SubdivisionPepper Mill Sub
Land UseResidential
Legal DescriptionS7090 PEPPER MILL SUB LOT 47, PHASE 1, .19
Census Tract960302
Assessed Land Value$28,967
Assessed Improvement Value$252,140
Assessment Year2025

About this property

The kitchen boasts beautiful granite countertops, ample counter and cabinet space, and stainless steel appliances. The living room has large windows that let in lots of natural light. The master suite is spacious and features a large walk-in closet and en-suite bathroom with double sinks, a soaking tub, and separate shower. The backyard is a great size for entertaining with a covered patio and plenty of room for outdoor activities. The front yard is beautifully landscaped with updated plants and flowers, making for great curb appeal. Located in the Pepper Mill neighborhood, this home is close to shopping, dining, and entertainment options in downtown Burnet. It’s also just a short drive to beautiful parks and lakes, including Lake Buchanan and Inks Lake State Park. Overall, this home is perfect for anyone looking for a cozy, updated, and move-in ready home in a great location. Don’t miss out on the opportunity to make it yours!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$249,904Estimated Mortgage Balance
$52,523Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,312
$281,107
2025
$28,967
$252,140
$281,107
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,312
$281,107

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Florida Capital Bank Na
Conventional
$264,000
No
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,904
$54,096
17%
83%
$1,583/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.

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

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240 Pepper Mill Loop | Property Details | No Agent List