Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$240,593

NAL Estimated Property Value

802 N Water St, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths904 Sq Ft
price_per_sqft$107.3 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesNone
FlooringWood

Exterior

Exterior FeaturesNone
Lot Size8,999 sqft

Building Information

Year Built1930

Land Information

APN51627
SubdivisionJohn Hamilton
Land UseResidential
Legal DescriptionABS A0405 JOHN HAMILTON, TRACT PT OF 1
Census Tract960302
Assessed Land Value$40,500
Assessed Improvement Value$200,093
Assessment Year2025

About this property

Property Offered BELOW CAD value for a FAST SALE! Right off HWY 281 LOCATION LOCATION LOCATION! Absolutely stunning lot! Completely restore this 1930's 1bed/ 1bath home OR tear down to start over with a new home/product for the highly demanding Burnet rental market. AirBnB & VRBO approved! Outstanding pecan tree! Only 1/2 a mile from Starbucks , McDonalds ,and Walgreens. Burnet town square and everything it has to offer is all within walking distance! Don't miss this one offered below the Burnet CAD value!

Investor Tools

Property Icon
$240,593
Estimated Property Value
$170,220Estimated Mortgage Balance
$70,648Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,444 /month
Positive
Cash Flow Estimate:
$481 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,565
$240,593
2025
$40,500
$200,093
$240,593
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,565
$240,593

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$176,280
No
First
May 16, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,220
$70,373
29%
71%
$1,057/mo

City: Burnet

802 N Water St | Property Details | No Agent List