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$260,000

708 Cottonwood Dr, Burnet, TX, 78611

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,437 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.93 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Range, Free Standing Electric Range, Microwave, Stainless Steel Appliances
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesExterior Steps, Rain Gutters
Lot Size4,230 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN64058
Lot Number30
SubdivisionWoodlands
Land UseResidential
Legal DescriptionS8706 WOODLANDS LOT 30, SEC 1
Census Tract960302
Assessed Land Value$15,000
Assessed Improvement Value$263,742
Assessment Year2025

About this property

Discover a charming single-story residence in Burnet, TX, offering a blend of comfort and style. This traditional brick home features an inviting covered porch and a neatly kept lawn, complemented by mature flowering trees. The open floorplan seamlessly connects the living spaces, enhanced by abundant natural light and laminate flooring in the main living space. Ceiling fans in the living area and bedrooms ensure a comfortable atmosphere. The kitchen boasting granite countertops, stainless steel appliances including a dishwasher, microwave, and electric range, white cabinetry, and recessed lighting. Kitchen flows effortlessly into a naturally illuminated dining area with ample windows and crown molding. Spacious bedrooms with ceiling fans, walk-in closes, and crown molding. An attached garage and driveway provide convenient parking. Enjoy the tranquil outdoor living on the inviting covered patio, perfect for relaxation and enjoyment. This residence is situated in a well-established suburban neighborhood with sidewalks and street lights, offering a peaceful setting with views of trees and woods, creating an ideal living environment.

Investor Tools

$39,055Estimated Mortgage Balance
$217,920Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Tamera Baker

Blue Line Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,459
$256,975
2025
$15,000
$263,742
$278,742
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,459
$256,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Credit Line (Revolving) / Heloc
$40,000
No
First
Apr 3, 2025
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,055
$217,920
84%
15%
$240/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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