Last 24 Hours
$220,000
NAL Estimated Property Value502 N Boundary St, Burnet, TX, 78611
Off Market
2 Beds
1 Bath
1,240 Sq Ft
$116.53 / sqft
Built in 1955Property Lead Type:
Absentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage AvailableAppliancesElectric Range, Microwave, Refrigerator, Water Heater
FlooringHardwood, Tile
Exterior
Exterior FeaturesPorch, Patio, Private Yard
Lot Size8,834 sqft
Building Information
Year Built1955
Garage Spaces4
Land Information
APN26820
Lot Number2
SubdivisionLamon
Land UseResidential
Legal DescriptionS6000 LAMON LOT 2 BLK 1
Census Tract960302
Assessed Land Value$26,496
Assessed Improvement Value$115,889
Assessment Year2025
About this property
Fixer on N. Boundary in Burnet. Corner lot with mature trees. 2 Car Garage with connected workshop. Large 2 Car Carport. So much potential to turn this 2 bedroom, 1 bath house into a pretty little Craftsman. Original hardwood floors, solid bones and a lovely shaded yard. Come take a look and get the vision. This could be your perfect dream home.
Investor Tools
$220,000
Estimated Property Value
$0Estimated Mortgage Balance
$220,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$187,850
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,029
$142,385
2025
$26,496
$115,889
$142,385
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,029
$142,385
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$220,000
100%
0%
$0/mo
12.4%