Last 24 Hours
$730,000
NAL Estimated Property Value2502 Fm 963, Burnet, TX, 78611
Off Market
4 Beds
4 Bath
2,780 Sq Ft
$50.36 / sqft
Built in 1996Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms 4AppliancesSee Remarks
FlooringSee Remarks
Exterior
Exterior FeaturesExterior Steps, See Remarks
Lot Size1 acre
Building Information
Year Built2012
Land Information
APN60204
SubdivisionR. Jennings
Land UseResidential
Legal DescriptionABS A1725 R. JENNINGS, 1.0 ACRES L#TEX0343073 L#TRA0243600 L#TEX0466458
Census Tract960302
Assessed Land Value$37,867
Assessed Improvement Value$30,330
Assessment Year2025
About this property
Cash Flow with long term (10 year) existing tenants. 4 mobile homes on property along with a water well and two septic systems. Property has high cash flow for investment. Could also be a great opportunity to make a larger Mobile Home Park, R.V. Park, or simply live on the property while collecting rent. Please do not disturb the tenants. Interior of leased homes will be available to view upon acceptance of contract. Property has access from FM 963 and Palacios Ln which is believed to be private rd.FEMA - Unknown Guest Accommodations: Yes
Investor Tools
$730,000
Estimated Property Value
$0Estimated Mortgage Balance
$730,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$941
$68,197
2025
$37,867
$30,330
$68,197
No
Tax History
Year
Tax Paid
Assessed Value
2024
$941
$68,197
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$842,000
100%
0%
$0/mo
12.4%