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$398,992

400 S Main St, Burnet, TX, 78611

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths3 Bath
Baths2,511 Sq Ft
OfficeOffice
price_per_sqft$258.46 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
FlooringVinyl, Wood

Exterior

Lot Size14,998 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN44656
SubdivisionVandeveer/ Alexander
Land UseCommercial
Legal DescriptionS8450 VANDEVEER/ ALEXANDER LOT PT OF 1 BLK 1
Census Tract960301
Assessed Land Value$67,496
Assessed Improvement Value$331,496
Assessment Year2025

About this property

Historic, spacious and charming Burnet landmark just off the square ready for its new owner. 2511 square feet with 5 offices and 2.5 baths. Possessing both light commercial and residential zoning, this brick beauty boasts hardwood floors, crown moulding, large rooms/offices, cedar lined closets and a number of original features bathed in natural light from all angles. Storage space is abundant inside and out by design and function. Whether you seek a commercial space, new home or something in between, this property affords it. Roof is <1 year old. When you visit, make sure you notice the brief story of the building in the Burnet history book in the entry. Tell your agent you want to see it!

Investor Tools

Property Icon
$398,992
Estimated Property Value
$479,250Estimated Mortgage Balance
$0Estimated Equity
-20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,939
$398,992
2025
$67,496
$331,496
$398,992
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,939
$398,992

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primebank Of Texas
Commercial
$479,250
No
First
Jun 24, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,984
N/A
0%
112%
$2,874/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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400 S Main St | Property Details | No Agent List