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$293,894

NAL Estimated Property Value

700 E Polk St, Hwy 29 Highway, Burnet, TX, 78611

Off MarketInfo
LeaseInfo
CommercialInfo
Baths2,146 Sq Ft
OfficeOffice
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 1940

Exterior

Lot Size7,501 sqft

Building Information

Year Built1940
Roof Type109

Land Information

APN12478
Lot Number1
SubdivisionKerr Donation (5 Ac Blocks)
Land UseCommercial
Legal DescriptionS4150 KERR DONATION (5 AC BLOCKS) LOT 1 BLK 3 (PT OF 5 AC)
Census Tract960301
Assessed Land Value$90,000
Assessed Improvement Value$207,990
Assessment Year2025

About this property

Updated Office Building for lease in Burnet. Prime Location on Hwy 29. Great visibility with high traffic flow. 5 Private Offices with a Reception area, Restroom, & Kitchenette. Room for outside storage on side and behind building. City utilities pro-rationed with end unit. Zoned Commercial.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,518
$293,894
2025
$90,000
$207,990
$297,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,518
$293,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Llano National Bank
Purchase Money Mortgage
$360,000
No
First
Oct 13, 2022
Oct 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,658
N/A
0%
115%
$2,159/mo

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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700 E Polk St, Hwy 29 Highway | Property Details | No Agent List