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$372,729

NAL Estimated Property Value

505 S Vanderveer ST, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,866 Sq Ft
price_per_sqft$192.66 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size10,498 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN44760
Lot NumberN
SubdivisionVandeveer/ Alexander
Land UseResidential
Legal DescriptionS8450 VANDEVEER/ ALEXANDER LOT N PT OF 3, S PT OF 4 BLK 13
Census Tract960301
Assessed Land Value$31,494
Assessed Improvement Value$341,235
Assessment Year2025

About this property

Beautifully renovated 3/2 on large wooded lot in charming established City of Burnet residential area. Walk to the town square for restaurants, winery, historical walking tour and boutique shopping. Expansive ranch style mid century offers large rooms and open living plan perfect for family enjoyment and entertaining. Completely updated inside and out including siding, electrical, plumbing, kitchen, baths, flooring, paint, HVAC. Looks and feels like a new house! Must see....

Investor Tools

Property Icon
$372,729
Estimated Property Value
$253,442Estimated Mortgage Balance
$119,287Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,236 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,002
$372,729
2025
$31,494
$341,235
$372,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,002
$372,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$269,500
No
First
Jun 29, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,442
$119,287
32%
68%
$1,467/mo

City: Burnet