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$198,628

NAL Estimated Property Value

504 Lakewood Dr, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.42 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave, Oven, Electric Oven, Free-Standing Electric Oven
FlooringVinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size6,852 sqft

Building Information

Year Built2017

Land Information

APN41435
Lot Number619
SubdivisionSouth Silver Creek
Land UseSingle Family Residence
Legal DescriptionS7900 SOUTH SILVER CREEK LOT 619, UNIT 1
Census Tract960200
Assessed Land Value$5,482
Assessed Improvement Value$193,146
Assessment Year2025

About this property

Ready for your own private getaway? This home has it all. Enjoy the outdoors on your oversized covered front porch and take in all the peacefulness of the lake life while enjoying your morning coffee, or gathering around the fire pit under the stars. With over 100 five-star VRBO reviews, this property has already proven itself as an incredible short-term rental and would make the perfect turnkey investment or second home. Sellers are offering it fully furnished so you can walk in, drop your bags, and relax. Just minutes from Lake Buchanan boat ramps, Spider Mountain, Canyon of the Eagles, Burnet County Park, and Inks Lake State Park — there’s no shortage of adventure or relaxation here!

Investor Tools

Property Icon
$198,628
Estimated Property Value
$0Estimated Mortgage Balance
$198,628Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,595
$198,628
2025
$5,482
$193,146
$198,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,595
$198,628

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

City: Burnet

504 Lakewood Dr | Property Details | No Agent List