Last 24 Hours
$83,107
NAL Estimated Property Value2947 E State Hwy 29, Burnet, TX, 78611
$108,039 ARV
Off Market
Commercial
3 Beds
2 Bath
1,222 Sq Ft
$653.85 / sqft
Built in 1930Highlights
Interior
Bedrooms 3
Bathrooms 2FlooringCarpet, Tile
Exterior
Lot Size1.49 acres
Land Information
APN59772
SubdivisionSarah Ann Guest
Land UseAgriculture / Farming
Legal DescriptionABS A1525 SARAH ANN GUEST, TRACT PT OF 40A, 1.492 ACRES
Census Tract960402
Assessed Land Value$82,060
Assessed Improvement Value$1,047
Assessment Year2025
About this property
COMMERCIAL PROPERTY with 655 FRONT FEET on TEXAS HWY 29, encompassing 8 acres, the land was recently rezoned by the city of Burnet as “light commercial.” Approximately 2.5 miles east of downtown Burnet, it’s in the path of Austin’s expansive growth along the Hwy 29 corridor and about 40 miles from downtown Austin. With multiple commercial uses: retail, builder trades, storage facility, RV or tiny home park, etc., there is currently a 1200 sqft, 3 BR, 2Ba, 1930’s era pier and beam house on site – not currently habitable and being sold 'as is' (see confidential agent remarks). Recent survey attached in associated documents.
Investor Tools
$83,107
Estimated Property Value
$0Estimated Mortgage Balance
$83,107Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$108,039
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$972
$83,107
2025
$82,060
$1,047
$83,107
No
Tax History
Year
Tax Paid
Assessed Value
2024
$972
$83,107
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$83,107
100%
0%
$0/mo
12.4%