Address
1205 County Road 340, Burnet, TX
Price
$ 815,000
Property Attributes
  • MLS#91542066
  • TypeMulti-Family
  • CountyBURNET
  • CityBurnet
  • Area83
  • NeighborhoodCASTLEBERRY
  • Zip78611
  • StyleMulti-Family
  • Year Built1996
  • Taxes$ 3549
  • Price$ 815,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4923
  • Lot Size6.61001 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description

Explore a prime development opportunity in Burnet, Texas. This property offers great potential for new construction or maintaining current mobile and RV lots. It includes water and city sewer facilities, making it ready for possible development. The site can currently accommodate up to seven RVs at $510/month and has four mobile homes rented below market value to long-term tenants on month-to-month leases. Additional features include a 2200 sq/ft barn/workshop, two water wells, covered parking, and a shed. Located in the Burnet ETJ bordering the city limits, the property faces fewer restrictions and is close to new developments with homes valued at $300K-$400K+. This is an excellent investment chance for those looking to enhance revenue with a modern plan. The owners are retiring, making this the perfect time to invest in Burnet's growth. Contact us to visit this unique property.

Elementary School Middle School High School
Rj Richey Elementary School Burnet Middle School (Burnet) Burnet High School
Price History
3/22/2024 Listed $850,000
4/12/2024 5% - $815,000

General Features

Heating Central Electric
Utilities Cable,Electric,Satellite Dish,Water
Roof Aluminum,Composition
Restrictions None
Occupancy Owner Occupied
Full Baths 2
Year Built 1996
Subdivision CASTLEBERRY
Stories 1
County Burnet
Tax Rate 1.3108
Property Type Multi-Family
Yearly Taxes 3549
Census Tract 9603.01
Tax Year 2023
Status Active
Sub Type Multiple Detached Dwellings
Directions From 281 turn onto W Pecan St,turn right onto S Pierce St,turn left onto Valley St,turn right onto Creek 340 street. JUST PAST CRAWFORD STREET ON LEFT. Sign out front.
City Burnet
Disclosures Tenant Occupied
School District 184 - Burnet Consolidated
Street Name County Road 340
DOM 55
Elementary School RJ RICHEY ELEMENTARY SCHOOL
Middle School BURNET MIDDLE SCHOOL (BURNET)
Finance Available Cash Sale,Conventional,Investor
High School BURNET HIGH SCHOOL
List Type Exclusive Right to Sell/Lease
Unit Total 4

Interior Features

Total Bedrooms 3
Unit Count 4
Sq Ft Total 4923
Sq Ft Source Seller
Cool System Central Electric
Total Baths 2.00

Exterior Features

Lot Size Source Appraisal District
Meters Separate Meters
Lot Size 287932
Lot Description Cleared
Parking Unit More than Two

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 78611

Price
AVG $K
$820K
Visits
AVG 5
109
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1996

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