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$1,100,000

806 S Water ST, Burnet, TX, 78611

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
BusinessBusiness
Year BuiltBuilt in 2026

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringSee Remarks

Exterior

Lot Size1.02 acres

Land Information

APN102449
Lot Number4
SubdivisionPeacock Plaza
Land UseCommercial
Legal DescriptionS7045 PEACOCK PLAZA LOT 4, 1.0200
Census Tract960301
Assessed Land Value$355,450
Assessment Year2025

About this property

PRIME COMMERCIAL OPPORTUNITY ON HWY 281 – BURNET, TX! Rare chance to secure high-visibility commercial acreage right in the heart of Burnet, positioned directly on Hwy 281 with excellent traffic counts and unbeatable exposure. A total of 893' of Highway 281 frontage!!! These level tracts offer outstanding development potential with generous road frontage, a scattering of attractive trees, and a location directly in front of the Comfort Inn & Suites—perfect for any type of business venture seeking maximum visibility. Lot 1 – 2.01 Acres – Offered at $499,000 --Expansive, level commercial lot with premium highway frontage and ample space for retail, service industry, office, or hospitality development. Lot 3 – 1.16 Acres – Offered at $400,000 Highly functional tract with excellent exposure—ideal for standalone buildings or multi-use commercial concepts. Lot 4 – 1.02 Acres – Offered at $325,000 Efficient, well-located parcel offering strong visibility and easy access for customers and clients. PACKAGE DEAL: All three lots (totaling approx. 4.19 acres) available together for $1,200,000—an outstanding opportunity for larger commercial projects or future investment. With unbeatable placement along Burnet’s primary commercial corridor, this is a premier investment for developers, business owners, or commercial portfolios seeking growth in one of the Hill Country’s fastest-rising markets.

Investor Tools

$0Estimated Mortgage Balance
$355,450Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Dana Yarter

RE/MAX of Marble Falls

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,557
$355,450
2025
$355,450
N/A
$355,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,557
$355,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,450
100%
0%
$0/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.

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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806 S Water ST | Property Details | No Agent List