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$659,885

NAL Estimated Property Value

601 Lakewood Dr, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,470 Sq Ft
price_per_sqft$448.3 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesBuilt In Oven, Dishwasher, Electric Cooktop, Free Standing Refrigerator, Gas Water Heater, Induction Cooktop, Water Softener Owned, Self Cleaning Oven, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size227 sqft

Building Information

Year Built2005

Land Information

APN33888
Lot Number0,C
SubdivisionOwen South Silver Crk.
Land UseResidential
Legal DescriptionS6926 OWEN SOUTH SILVER CRK. LOT C & 0.179 AC IN ABST 433
Census Tract960200
Assessed Land Value$409,860
Assessed Improvement Value$250,025
Assessment Year2025

About this property

Dark sky starry nights and crisp sunrises await your every day experience on the shores of native Lake Buchanan in this charming andluxuriously appointed, reclaimed, vintage home. With 228' of private peninsula frontage, westwardly oriented, you will have panoramicviews of Shaw Island upriver toward the Falls and Canyon of The Eagles, down river to the bluffs of Council and Morgan Creeks andSpider Mountain. The home is a timeless treasure - a 1930s construction from Central Austin, lovingly relocated, then structurally andmechanically placed on site. Period architectural features blend seamlessly with modern comfort upgrades to create the perfect resortvacation home, short term rental investment, or full time residence suitable with high speed internet for work from homers. The exterior is100% masonry with indigenous Texas limestone, including a regal street side entrance and stairs. Porches wrap the house, and anexpansive wood deck crowns the lake side. The interior features open living space for kitchen/dining and family room with cozy quartzfireplace and huge windows to take in the lake and hill country views. Each bedroom offers a door to the porch for private outdoorsenjoyment. Coming in from a day on the lake? Take a quick rinse in the outside quartz shower, then inside via the secondary bath.Plenty of crawl space storage for all the lake toys. OWNER FINANCING available to a well qualified buyer. This place has it all! Call today for a private tour.

Investor Tools

Property Icon
$659,885
Estimated Property Value
$496,588Estimated Mortgage Balance
$163,297Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,959 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,020/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,937
$659,885
2025
$409,860
$250,025
$659,885
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,937
$659,885

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Evant
Commercial
$503,200
No
First
Aug 22, 2025
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,588
$163,297
24%
75%
$3,017/mo

City: Burnet

601 Lakewood Dr | Property Details | No Agent List