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Days38Days on Market
Views1view

$690,000

505 Chisum Trl, Burnet, TX, 78611

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,486 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$464.33 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Oven, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesSee Remarks
Lot Size1.44 acres

Building Information

Year Built1972
Garage Spaces4

Land Information

APN41198
Lot Number19,30
SubdivisionSkyline Terrace
Land UseResidential
Legal DescriptionS7800 SKYLINE TERRACE LOT 19 & 30, UNIT 2 1.437
Census Tract960302
Assessed Land Value$17,527
Assessed Improvement Value$442,536
Assessment Year2025

About this property

Looking for some room to spread out without giving up the convenience of town? This 3-bedroom, 2-bath home offers 1,486 square feet of comfortable living space on just under 9 acres in Burnet, Texas. Tucked away in a private setting within the city's ETJ, you'll enjoy the peace and quiet of country living while still being just minutes from everything Burnet has to offer. The community has its own private water source. The nearly 9-acre tract provides endless opportunities to create the lifestyle you've been dreaming of. There's plenty of room for horses, livestock, chickens, or other animals, along with ample space for a garden, workshop, additional outbuildings, or simply enjoying the wide-open views and beautiful Hill Country surroundings. Enjoy the quiet, privacy, and freedom of country living without being too far from town. If you've been searching for acreage, usable land, and a comfortable home in the Hill Country, this property is ready for you to make it your own.

Investor Tools

$0Estimated Mortgage Balance
$327,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

Interested in this property?

Paige Lewallen

Hanszen-Bailey Real Estate Ser

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$249,304
2025
$17,527
$442,536
$460,063
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$249,304

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$327,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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505 Chisum Trl | Property Details | No Agent List