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$245,000

807 Spring St, Burnet, TX, 78611

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.56 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Microwave, Electric Water Heater
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesKennel, Private Yard
Lot Size16,204 sqft

Building Information

Year Built1962
Garage Spaces1

Land Information

APN10652
Lot Number642,643
SubdivisionCouncil Creek
Land UseSingle Family Residence
Legal DescriptionS3850 COUNCIL CREEK LOT 642, 643 & 644 BLK 2
Census Tract960401
Assessed Land Value$42,930
Assessed Improvement Value$202,070
Assessment Year2025

About this property

Price Improvement! Looking for a great Short Term Rental! Hill Country Gem with Breathtaking Views. Discover your personal slice of hill country serenity in this recently updated gem! Nestled on a generous 0.36-acre lot, this quaint 2-bedroom, 1-bathroom home offers approximately 968 sq ft of thoughtfully designed living space. Open concept living and dining area with pass-through bar to kitchen. Huge covered deck showcasing stunning hill country views. Single car carport with attached storage and bonus storage building - perfect for a workshop or home office. Completely remodeled adding new energy-efficient mini-split HVAC system and enhanced insulation for year-round comfort. Location! Location! POA park and lake access for recreational enjoyment just down the road. Your minutes from Spider Mountain, Texas' only lift-served bike park. This hill country retreat offers the perfect blend of modern comfort and natural beauty. Whether you're seeking a peaceful getaway or an adventure-filled home base, this property delivers with its updated interiors, expansive outdoor space, and proximity to recreational hotspots.Don't miss this opportunity to own your personal hill country paradise! Schedule your viewing today. This home has previously been listed as VRBO. The property behind this house, 800 Lakeway, is also listed, and the two together would make a great investment opportunity.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$220,000Estimated Mortgage Balance
$28,874Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,200
$245,000
2025
$42,930
$202,070
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,200
$245,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T5t Contracting Llc
Assumption
$220,000
Yes
First
May 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,455
$28,545
11%
88%
$1,320/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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807 Spring St | Property Details | No Agent List