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$413,945

NAL Estimated Property Value

308 Cardinal Ln, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.07 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesBuilt-In Electric Oven, Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Double Oven, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesUncovered Courtyard, Private Yard
Lot Size30,056 sqft

Building Information

Year Built1977
Garage Spaces4

Land Information

APN42597
Lot Number9
SubdivisionSunset Hills
Land UseResidential
Legal DescriptionS8100 SUNSET HILLS LOT 9, UNIT 1
Census Tract960402
Assessed Land Value$24,840
Assessed Improvement Value$389,105
Assessment Year2025

About this property

Lovely home with a workshop on an oversized lot just outside Burnet City Limits! This home features 3 large bedrooms, 2 full bathrooms, and a spacious office/bonus room with tons of possibilities. Enjoy the many updates of the home including tile flooring, stainless appliances, granite countertops, undercabinet lighting, refinished hardwood floors, and a brand new master bathroom with incredible luxury walk-in tile shower and his-and-hers walk-in closets. The backyard is a dream with an abundance of mature shade trees, lush St. Augustine grass, and a sprinkler system that services the entire yard. The large metal shop is the perfect place for projects or extra storage. There is also an additional shed in the backyard for storage or the ultimate kid's playhouse. This beautiful street enjoys the peace of the country while only being minutes from the amenities of Burnet and the Highland Lakes. Located just outside the city limits, you get to enjoy the city amenities without the city taxes! Do not miss your chance on this wonderful home.

Investor Tools

Property Icon
$413,945
Estimated Property Value
$334,006Estimated Mortgage Balance
$79,939Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,535
$413,945
2025
$24,840
$389,105
$413,945
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,535
$413,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$308,000
No
First
Mar 8, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,006
$79,939
19%
81%
$2,151/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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308 Cardinal Ln | Property Details | No Agent List