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Burnet 78611
101 Bruce Cove
$157,000
● House - Off Market

101 Bruce Cove

Burnet, TX 78611
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,572 Ft²
$339,023
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Low Maintenance 2/2/2 home in a golf course community. Private back yard has a flagstone patio, fishpond, and great country views. Great kitchen has an electric range with a Jenn-Air grill on one side, breakfast bar, open floor plan, gas fireplace, spacious bedroms, great closet space. Screened in sunroom expands living area.. Tile floors, carpet in bedrooms.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$100
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (LERA #960656)

Price History

Date / Event Date Event Price
Nov 20, 2012 Sold
Premium
Sold
Aug 8, 2012 Listed by RE/MAX of Marble Falls $157,000
Listed by RE/MAX of Marble Falls

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,876
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 680
  • Total Building Area: 2,034
  • Gross Building Area: 2,178
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DELAWARE SPRINGS
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S4071 DELAWARE SPRINGS LOT 4, SEC 2, PHASE 2

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960402

Geography

  • Parcel: 12027
  • Lot: 4
  • Municipality: BURNET
  • Latitude: 30.7152
  • Longitude: -98.2524

    Address

  • Full Address: 101 Bruce Cv
  • Address - House Number: 101
  • Address - Street Name: Bruce
  • Address - Suffix Type: Cv
  • State: TX
  • City Name: Burnet
  • Carrier Code: R003
  • 4-Digit Zip Code: 3546
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $482,461
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 154,877
  • High Value: 203,782
  • Low Value: 105,971

    Market Valuation

  • Market Total Value: $315,084
  • Market Land Value: $45,108
  • Market Improvement Value: $269,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,251

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3956
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burnet

Stats & Trends

Median Asking:

$319,995

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1802 ft²

Average Home Age

19.6 years

Currently For Sale

66 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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LERA

Listed by: Zina Rodenbeck, RE/MAX of Marble Falls
Last Updated: 5 months ago
Data Source: LERA, MLS# 960656
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 101 Bruce Cove built and last sold?
The property at 101 Bruce Cove was built in 1998 and last sold on Mar 9, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 101 Bruce Cove is $165,289.
What are some comparable homes to 101 Bruce Cove?
There are currently no comparable homes to 101 Bruce Cove.
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