Last 24 Hours
$466,000
NAL Estimated Property Value325 Cherry Ridge Dr, Burnet, TX, 78611
Off Market
2 Beds
1 Bath
1,320 Sq Ft
$170.45 / sqft
Built in 2008Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 1
Garage AvailableAppliancesDishwasher, Microwave, Free-Standing Range, Electric Water Heater
FlooringConcrete
Exterior
Lot Size10.10 acres
Building Information
Year Built2008
Garage Spaces4
Land Information
APN64886
Lot Number3
SubdivisionCherry Ridge Ranch (Unrecorded)
Land UseResidential
Legal DescriptionS3655 CHERRY RIDGE RANCH (UNRECORDED) LOT 3 10.096
Census Tract960302
Assessment Year2025
About this property
Quiet and Secluded in Burnet County 10.1 Acres with a 2 bedroom-1 bath 1320 sq foot Barndominium. Upgraded with stained concrete floors, granite countertops, rustic finish out in natural setting. 1080 sq.ft. garage/storage also part of Barndominium. Parameter fenced with gate. Ag Exempt. Horse pens. Aerobic septic system and well in place. 25 x 40 concrete pad.FEMA - Unknown Restrictions: Yes
Investor Tools
$466,000
Estimated Property Value
$181,662Estimated Mortgage Balance
$284,338Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,670
$381,120
2025
N/A
N/A
$419,005
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,670
$381,120
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$229,337
No
First
Jul 12, 2016
Aug 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,662
$302,338
62%
39%
$1,375/mo
12.4%