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$320,000

800 Lakeway, Burnet, TX, 78611

Under ContractInfo
Beds2 Beds
Baths1 Bath
Baths1,295 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.39 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave, Stainless Steel Appliance(s), Electric Water Heater
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10,620 sqft

Building Information

Year Built1962
Garage Spaces7

Land Information

APN10631
Lot Number609,646
SubdivisionCouncil Creek
Land UseResidential
Legal DescriptionS3850 COUNCIL CREEK LOT 609 & 646 BLK 2
Census Tract960401
Assessed Land Value$28,143
Assessed Improvement Value$213,137
Assessment Year2025

About this property

Home is availble to rent for 2,300 a month. This home really has it all from Great Curb Appeal with an abundant of outdoor features to Stunning Hill Country Views! This 2-bed/2-bath home boasts 1,295 sq. ft. (per Appraisal)of living space and sits on a spacious .24-acre lot with breathtaking views of the Hill Country. Enjoy granite counter tops, new appliances and a fresh contemporary design throughout the home, beautiful electric fireplace. Unique but functional master closet that connects the living area through the laundry room and a home office. The property features a beautifully designed outdoor area ideal for hosting gatherings or simply relaxing. Dive into summer fun with a 12x23 above-ground pool surrounded by composite decking—perfect for lounging and enjoying the peaceful surroundings. Concrete walkways make accessing and navigating the property effortless. New Shop offers ample space to store your pontoon boat, RV, or other lake toys. This workshop includes shelving and storage to keep everything organized. An adjacent carport and additional covered parking for 5+ vehicles ensure convenience. There’s also oversized covered parking for your trailer, golf cart. Just down the street, you'll find a POA boat ramp and park for easy access to Lake Buchanan.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$313,600Estimated Mortgage Balance
$28,297Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,279
$241,280
2025
$28,143
$213,137
$241,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,279
$241,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$313,600
No
First
Aug 10, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,226
$63,774
17%
91%
$1,881/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.

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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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