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$775,000

NAL Estimated Property Value

700 E Hwy 29/Polk Street, Burnet, TX, 78611

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,746 Sq Ft
price_per_sqft$206.89 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Tile, Vinyl

About this property

Texas State Highway 29 Frontage Commercial Property in Burnet, Texas. This listing includes two parcels; a commercial building fronting Hwy 29 and a Duplex directly behind it fronting N.Rhomberg St. Duplex has been approved for future commercial use (contact City of Burnet Zoning and Development for details and confirmation) Stoplight and crosswalks in place, public parking across Hwy 29. High traffic flow leading to Liberty Hill to the East and Hwy 281 (going South to Marble Falls) a few blocks to the West. Austin, Georgetown and Lampasas are approximately 30 minutes away. West Hwy 29 leads to the Highland Lakes Recreational area only 20 minutes away with boating, fishing, bike trails and outdoor adventures. This property provides unlimited potential in the fast growing County Seat known as Burnet, Texas. Priced to Sell!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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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