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$424,000

NAL Estimated Property Value

2846 W State Highway 29 Highway, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,398 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.15 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Free-Standing Electric Range, Electric Water Heater
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2.09 acres

Building Information

Year Built1974
Garage Spaces4

Land Information

APN51515
SubdivisionAlexander Hamilton
Land UseResidential
Legal DescriptionABS A0404 ALEXANDER HAMILTON, TRACT PT OF 15, 2.09 ACRES
Census Tract960302
Assessed Land Value$128,274
Assessed Improvement Value$84,432
Assessment Year2025

About this property

Completely renovated from the studs, this stunning 3BR/2BA country home sits on 3 tranquil acres framed by mature pecan trees—only 5 minutes to Burnet Square. Thoughtfully redesigned for modern living, the open-concept floor plan offers just under 1,300 sq. ft. of bright, welcoming space with clean contemporary finishes, abundant natural light, and quality systems throughout. Every major mechanical has been replaced: new electrical, plumbing, spray foam insulation for superior energy efficiency, and a brand-new HVAC for reliable, low-maintenance comfort. The heart of the home is the bright, flowing living/kitchen area—perfect for everyday family life and entertaining. The kitchen is outfitted with new energy-efficient appliances, durable countertops, and a seamless sightline to the living area. A newly added mudroom/laundry provides practical storage and a dedicated transition space for boots, coats, and gear after a day on the land. New energy-efficient windows flood the interior with light while helping reduce utility costs and increase comfort year-round. Primary and secondary bedrooms are well-proportioned and served by two fully updated bathrooms featuring modern fixtures and finishes. Thoughtful details throughout balance comfort and functionality while preserving a relaxed country aesthetic. Outdoor and garage amenities are exceptional: a 2-car attached garage plus a climate-controlled 500 sq. ft. single-car garage/workshop—ideal for a hobbyist, studio, or secure storage. In addition, a 2-car carport/pole barn provides covered parking and flexible covered workspace or equipment storage. The expansive 3-acre yard offers privacy, room for gardening, animals, or future expansion, and shaded outdoor living beneath the pecan trees. Quick access to town amenities—schools, dining, shopping, and services in Burnet—makes this a perfect blend of peaceful rural living and everyday convenience. This turnkey property is move-in ready. Schedule a showing today.

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,666
$212,706
2025
$128,274
$84,432
$212,706
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,666
$212,706

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
100%
0%
$0/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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2846 W State Highway 29 Highway | Property Details | No Agent List