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$460,000

NAL Estimated Property Value

312 Apache Dr, Burnet, TX, 78611

$598,000 ARVInfo
Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths4,000 Sq Ft
price_per_sqft$116.25 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Exhaust Fan, Electric Range, Disposal, Washer
FlooringCarpet, Concrete, Tile, Wood

Exterior

Exterior FeaturesSee Remarks
Lot Size39,997 sqft

Building Information

Year Built1975
Garage Spaces3

Land Information

APN38945
Lot Number251-254
SubdivisionSherwood Shores Iii
Land UseResidential
Legal DescriptionS7700 SHERWOOD SHORES III LOT 251 THRU 254 AND 299 THRU 302, SEC A .0
Census Tract960401
Assessed Land Value$40,000
Assessed Improvement Value$359,043
Assessment Year2025

About this property

312 Apache Dr is located in the Hoover Valley community and sits on just under one acre of land with lake access on Lake LBJ. This spacious home offers 5 bedrooms, 3 bathrooms, and approximately 4,000 square feet with a functional layout designed for both comfortable living and entertaining. The open kitchen, living, and dining area serves as the heart of the home. The kitchen is well equipped with an island, breakfast area, generous cabinet storage, and a large walk-in pantry. A second living room provides additional space for a game room, playroom, or separate gathering area. Outside, the fully perimeter-fenced yard features several mature oak trees and ample room to enjoy the property. A 1,000-square-foot shop offers excellent storage for equipment, hobbies, or recreational vehicles. Another big plus to this home, it has a great producing water well so no water bill. Residents also enjoy neighborhood lake access through a private boat ramp, making it easy to enjoy boating, fishing, and time on the water year-round on constant-level Lake LBJ.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$194,969Estimated Mortgage Balance
$265,642Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$604,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,153
$270,316
2025
$40,000
$359,043
$399,043
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,153
$270,316

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Telco Fcu
Non-Purchase Money Mortgage / Home Equity
$200,000
No
First
Nov 15, 2024
Nov 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,969
$265,031
57%
42%
$1,200/mo

Learn About the Market: Opportunity in Texas

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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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312 Apache Dr | Property Details | No Agent List