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Burnet 78611
111 wranglers way
$53,000
● Land - Off Market

111 wranglers way

Burnet, TX 78611
bedrooms
Studio
bathrooms
0 Bath
$63,457
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Are you looking for 1+ acre lots w/trees and great hill country view? Rancho Viejo, a beautiful community that feels like you are in the country, yet close to town is conveniently located off Hwy 29 between Burnet and Lake Buchanan. Subdivision features underground utilities and city water. Roads w/ribbon curbs and fire hydrants in place. Rancho Viejo owners may enjoy a HOA Park by wet weather creek and nature trails for walking. Build your own home or let us connect you with a local builder!
Unit Size
-
Days on Market
-
Land Size
1.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$53
HOA Dues
$25
Year Built
-

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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: 6 months ago (LERA #1463265)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 11, 2021 Sold
Premium
Sold
Mar 23, 2021 In contract -
In contract
Feb 1, 2021 Relisted $53,350
Relisted
Jan 30, 2021 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • 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: 703
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 2,864
  • Gross Building Area: 2,864
  • Building Area: 2,161
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,161
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO VIEJO
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S7285 RANCHO VIEJO LOT 5, SEC 1 BLK 1

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960200

Geography

  • Parcel: 104102
  • Block: 1
  • Lot: 5
  • Municipality: BURNET
  • Latitude: 30.767
  • Longitude: -98.2826

    Address

  • Full Address: 111 Wranglers Way
  • Address - House Number: 111
  • Address - Street Name: Wranglers
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Burnet
  • Carrier Code: H004
  • 4-Digit Zip Code: 2921
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $111,716
  • Tax Rate Code Area: WCD

    Market Valuation

  • Market Total Value: $573,919
  • Market Land Value: $54,363
  • Market Improvement Value: $519,556

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $573,919
  • Assessed Land Value: $54,363
  • Assessed Improvements Value: $519,556

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202107938
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

$190

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1818 ft²

Average Home Age

21.9 years

Currently For Sale

65 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: Amy Carter, Keller Williams Heritage
Last Updated: 6 months ago
Data Source: LERA, MLS# 1463265
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 111 Wranglers Way built and last sold?
The property at 111 Wranglers Way was built in and last sold on May 10, 2021 for $46,400.
How much is this home worth?
The estimated value of the home located at 111 Wranglers Way is $53,884.
What are some comparable homes to 111 Wranglers Way?
There are currently no comparable homes to 111 Wranglers Way.
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