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NoAgentList RatingHow are grades calculated? Info

$101,866

602 County Road 118b, Burnet, TX, 78611

$132,426 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,496 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$30.05 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesGas Cooktop, Refrigerator, Water Heater
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size24,829 sqft

Building Information

Year Built1960

Land Information

APN39083
Lot Number568A
SubdivisionSherwood Shores Iii
Land UseResidential
Legal DescriptionS7700 SHERWOOD SHORES III LOT 568A BLK A .57
Census Tract960401
Assessed Land Value$24,829
Assessed Improvement Value$110,907
Assessment Year2025

Investor Tools

Property Icon
$101,866
Estimated Property Value
$0Estimated Mortgage Balance
$101,866Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$132,426
Rent-to-Value Ratio: 0.72%
Rent Estimate
$611 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$62/month
$10/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$234
$101,866
2025
$24,829
$110,907
$135,736
No

Tax History

Year
Tax Paid
Assessed Value
2024
$234
$101,866

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
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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602 County Road 118b | Property Details | No Agent List