See Home Value
Burnet 78611
1012 Hill ST
$199,900
● House - Off Market

1012 Hill ST

Burnet, TX 78611
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,780 Ft²
$990
Est. Monthly
$8
HOA / Fees

About This Property

Absolute Bargain! Unbelievable Price! Priced low and firm for a pre-approved buyer looking for a home with serious upside in a convenient Burnet location. It won't last-write a clean offer and skip the back-and-forth.

Charming Hill Country home in the heart of Burnet with strong short-term rental potential, just minutes from the Highland Lakes, including Lake Buchanan, Inks Lake, and Longhorn Cavern State Park-perfect for attracting steady weekend and tourist traffic.

Burnet's growing tourism, highlighted by events like the Bluebonnet Festival, supports strong demand, with typical STR rates around $380–$400/night and ~$30K+ annual revenue potential.

Enjoy quick access to boating, fishing, hiking, and downtown Burnet's shops and restaurants.

Ideal as a primary residence, weekend retreat, or investment property.

Fully permitted septic replacement completed.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
1963

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Unlock MLS #ACT4092190)

Price History

Date / Event Date Event Price
Apr 28, 2026 In contract -
In contract
Apr 9, 2026 Price Decreased $199,900
↓ $50K (20%)
Price Decreased
Mar 13, 2026 Listed by Compass RE Texas, LLC $249,900
Listed by Compass RE Texas, LLC
Dec 17, 2021 No longer available -
No longer available
Oct 9, 2021 In contract -
In contract
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 234
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,780
  • Gross Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,780
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNCIL CREEK
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S3850 COUNCIL CREEK LOT 1025 & 1026 BLK 3

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960401

Geography

  • Parcel: 10872
  • Block: 3
  • Lot: 1025
  • Municipality: BURNET
  • Latitude: 30.8305
  • Longitude: -98.349

    Address

  • Full Address: 1012 Hill St
  • Address - House Number: 1012
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: TX
  • City Name: Burnet
  • Carrier Code: H005
  • 4-Digit Zip Code: 2999
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $232,181
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 128,027
  • High Value: 168,453
  • Low Value: 87,600

    Market Valuation

  • Market Total Value: $266,462
  • Market Land Value: $2,850
  • Market Improvement Value: $263,612

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,462
  • Assessed Land Value: $2,850
  • Assessed Improvements Value: $263,612

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18860
  • Previous Sale Recording Date: Feb 06, 2007
  • Previous Sale Contract Date: Feb 01, 2007
  • Previous Sale Amount: $18,800
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Burnet


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 1012 Hill Street built and last sold?
The property at 1012 Hill Street was built in 1963 and last sold on Nov 10, 2021 for $227,430.
How much is this home worth?
The estimated value of the home located at 1012 Hill Street is $0.
What are some comparable homes to 1012 Hill Street?
There are currently no comparable homes to 1012 Hill Street.