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$436,500

409 N North Main ST, Burnet, TX, 78611

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.08 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Free-Standing Refrigerator
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size17,076 sqft

Building Information

Year Built1935

Land Information

APN35551
Lot Number4A
SubdivisionPeter Kerr Portion
Land UseResidential
Legal DescriptionS7150 PETER KERR PORTION LOT 4A BLK 32 .392
Census Tract960302
Assessed Land Value$41,664
Assessed Improvement Value$424,800
Assessment Year2025

About this property

Seize the rare opportunity to own an exceptional 1935 schoolhouse, one of the original homes in Burnet, thoughtfully renovated while preserving its historic charm. Freshly painted interior and upgrades. On a tree lined Main Street with historic homes, and just 4 blocks to an active town square with weekly farmers market and drop off for the Austin Steam Train! Walking distance to coffee shops and dining options. This architectural masterpiece boasts a mix of gabled roof lines and natural materials throughout. Extensive use of wood for shiplap, original hardwood floors, and beadboard ceilings enhances a warm inviting character. Historic glass windows flood the home with natural light, while mature deciduous oaks provide attractive shade. The home offers 2 primary bedrooms, each with en-suite bathroom. Includes a multi-head walk-in shower and oversized jacuzzi tub. Two welcoming foyers lead to a grand living room. With dramatic ceiling height, the space features a raised-hearth wood-burning fireplace for cozy evenings. The farmhouse kitchen blends style and functionality with 6 burner gas stove, flows seamlessly into the dining room and includes a walk-in Butler’s Pantry. A bonus flex room can serve as a home office or hobby room, plus a half-bath for guests and extra-large laundry room add functionality downstairs. Upstairs, the second story opens to a versatile bedroom or flex space with its own full bathroom. The gabled roofline creates a massive 600-square-foot walk-in attic, perfect for storage.

Investor Tools

$227,641Estimated Mortgage Balance
$250,359Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

Interested in this property?

Jodi Bostic

Horseshoe Bay Resort Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$943/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,925
$466,464
2025
$41,664
$424,800
$466,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,925
$466,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$263,355
No
First
Jul 16, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,641
$250,359
52%
48%
$1,579/mo

City: Burnet

409 N North Main ST | Property Details | No Agent List