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$480,000

623 S Chaparral, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.74 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Oven, Free-Standing Electric Range, Stainless Steel Appliance(s), Water Softener
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size24,132 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN8313
Lot Number15
SubdivisionCassie
Land UseResidential
Legal DescriptionS3600 CASSIE LOT 15 BLK 14
Census Tract960401
Assessed Land Value$8,446
Assessed Improvement Value$351,554
Assessment Year2025

About this property

Lake front community near Burnet, TX and the breathtaking Texas hill country. This ranch style home sits on a half acre corner treed lot with circle drive and has 3 bedrooms, 2 bathrooms, office/study that could EASILY be a 4th bedroom! No carpet...tile throughout, updated kitchen with granite counters and stainless appliances. RV hookup with 110 volt plug up, workshop that measures 14X32 with 10X14 loft, and one 12' wide role up door, lights, plugs and 240V welder plug. Covered front and back porch for good ole country porch sittin'!! Nearby fishing and boat ramp and all the fun activities lake life has to offer!

Investor Tools

Property Icon
$480,000
Estimated Property Value
$292,000Estimated Mortgage Balance
$215,381Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,953
$360,000
2025
$8,446
$351,554
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,953
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$292,000
No
First
Jun 14, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,619
$191,381
41%
55%
$1,751/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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623 S Chaparral | Property Details | No Agent List