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$490,268

6702 Fm 690, Burnet, TX, 78611

$589,383 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,049 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.73 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Free-Standing Range, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built1993
Garage Spaces5

Land Information

APN37116
Lot Number65
SubdivisionRocky Point
Land UseResidential
Legal DescriptionS7350 ROCKY POINT LOT 65 & NE 1/2 OF 64 (.18 AC) BLK 1
Census Tract960401
Assessed Land Value$144,504
Assessed Improvement Value$345,764
Assessment Year2025

About this property

Waterfront on Lake Buchanan! Escape to your own private lakefront retreat on the shores of beautiful Lake Buchanan! This 3-bedroom,2-bathroom home offers 2,049 square feet of comfortable living with an impressive 120 feet of waterfront in the desirable Rocky Point Subdivision. Nestled in a peaceful cove that's perfect for fishing and water activities, this home features your very own private boat ramp for easy lake access. The property includes covered boat storage so you can protect your watercraft from the elements when it's out ofthe water. Beautiful mature trees provide natural shade and privacy while offering abundant character to the landscape. Beautiful back porch to sit and enjoy the night sky as the sun sets. Inside, you'll find a thoughtfully designed layout with 3 bedrooms and 2 fullbathrooms, including a convenient Jack and Jill bathroom configuration that includes the laundry area. The home offers plenty of storage throughout and has had a brand new roof installed for complete peace of mind. The detached 2-car garage provides secure parking, while an additional carport offers even more covered parking. Adventure enthusiasts will love being just minutes from world-class outdoor recreation, including Spider Mountain, Texas's only lift-service bike park, and Reveille Ranch where you can ride for hours through pristine wilderness without seeing another soul. Despite this secluded feel, you're still conveniently close to Burnet for all your shopping and dining needs.

Investor Tools

Property Icon
$490,268
Estimated Property Value
$0Estimated Mortgage Balance
$490,268Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$589,383
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,942 /month
Positive
Cash Flow Estimate:
$981 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,528
$490,268
2025
$144,504
$345,764
$490,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,528
$490,268

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$490,268
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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6702 Fm 690 | Property Details | No Agent List