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$480,000

TBD County Road 200, Burnet, TX, 78611

On MarketInfo

About this property

The perfect Burnet County Ranchette! 20.04-acre property located approximately three miles from the heart of Burnet! This location offers exceptional access and convenience, situated only 1.6 miles from Shady Grove Elementary School, 1.9 miles from Burnet High School,and 2.9 miles from the local HEB grocery store. The land features a wet weather creek, mature oak and pecan trees, and several cleared potential homesites. To preserve the area's aesthetic and value, the owner will implement limited minor restrictions. An agricultural exemption is currently in place and as an added bonus, the seller is willing to consider a grazing lease to help maintain that exemption (miniature cattle!). Utilities include a recent power line partially through the property (no meter), there is no water or sewer onthe property. Buyer would be responsible for water well and septic system.

Investor Tools

$0Estimated Mortgage Balance
$480,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

Interested in this property?

Amanda Andrews

Thousand Hills Realty

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Financing Details

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

City: Burnet

TBD County Road 200 | Property Details | No Agent List