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$177,000

NAL Estimated Property Value

309 S Oak Ln, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths718 Sq Ft
price_per_sqft$277.16 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Range, Microwave, Refrigerator, Electric Water Heater
FlooringTile

Exterior

Exterior FeaturesUncovered Courtyard
Lot Size26,132 sqft

Building Information

Year Built1963
Garage Spaces2

Land Information

APN10565
Lot Number505,505
SubdivisionCouncil Creek
Land UseResidential
Legal DescriptionS3850 COUNCIL CREEK LOT 505, PT OF 506 & UN 4 TR B LOT 505A BLK 2
Census Tract960401
Assessed Land Value$19,598
Assessed Improvement Value$147,546
Assessment Year2025

About this property

Start living the LAKE LIFE today in this charming hilltop haven with views of Lake Buchanan. This turn-key 2 bedroom cottage on .6 acres comes FULLY FURNISHED. Thoughtfully renovated to revive its mid-century modern vibe, it features expansive windows. original rock fireplace, new cedar ceilings, all new kitchen cabinets & appliances, and MCM style furnishings. Enjoy sunsets from the west-facing lounge chairs or dramatic sunrises from the covered back deck. Launch your boat or kayak just minutes away at the community part. Or, hit the mountain biking trails down the road at Spider Mountain or Reveille Ranch. Other nearby attractions include: Templeton's Tavern, Canyon of the Eagles, Longhorn Caverns, wineries, unique shops and restaurants make Burnet the ideal Hill Country getaway. Brand new roof on both cottage and 2 car garage.

Investor Tools

Property Icon
$177,000
Estimated Property Value
$0Estimated Mortgage Balance
$177,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,183
$167,144
2025
$19,598
$147,546
$167,144
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,183
$167,144

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/mo

City: Burnet

309 S Oak Ln | Property Details | No Agent List