$689,000
↓ $10K (1.4%)
●
House -
For Sale
123 Lila LN
Bertram, TX 78605
3 Beds
2 Baths,
1
Half Bath
2,391 Ft²
$3,517
Est. Monthly
$8
HOA / Fees
About This Property
PRICE REDUCTION! This stunning single-story home under construction
features 3 bedrooms, 2.5 baths, an in-law plan, a study, and a
formal dining room. A spacious covered patio is perfect for
entertaining, while the master bath offers dual vanities, a soaking
tub, a large walk-in shower, and a roomy walk-in closet. The
property includes a 3-car side-entry garage with a concrete pad and
driveway, all on a fully fenced and gated 2-acre lot with no HOA.
The kitchen boasts a large island, stainless steel appliances, and
an open layout to the living area. The home is wired for cable, has
a cozy fireplace in the living room, ceiling-mounted surround sound
speakers, and recessed lighting. Extras include a tankless water
heater, a water softener loop, and foam insulation in the attic and
exterior walls. Out back, a 12' x 32' storage building is perfect
for hay or livestock supplies, with horses and livestock welcome.
Recent updates include a water well and septic system. All
information should be verified by the buyer and their agent.
Unit Size
2,391 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$288
Property Type
House
Property Taxes
$125
HOA Dues
$8
Year Built
2021
Listed By
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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: 2 months ago (Unlock MLS #ACT5306655)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$689,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by Keller Williams Realty | $699,000 | |
| Listed by Keller Williams Realty | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Price Decreased |
$125,000
↓ $5K
(3.8%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed by eXp Realty, LLC | $129,900 | |
| Listed by eXp Realty, LLC | |||
   | |||
|
This 2-acre tract, located in the desirable Creekside Ranches subdivision in Bertram, offers the perfect blend of country living and modern convenience.
SEPTIC AND WELL ARE BOTH NEEDED!
Key Features:
Fully fenced with a gated entry for privacy and security.
Land is cleared and ready for construction, saving time and preparation costs.
Electricity is already available on-site.
Hay barn situated at the back of the property, ideal for agricultural use or storage.
Septic system is needed, allowing you to choose the setup that best fits your needs.
Light restrictions requiring site-built homes only, preserving the quality and value of the community.
No time frame to complete your build, providing flexibility to design and construct at your own pace.
Location:
Enjoy the tranquility of rural living while being conveniently close to Bertram’s amenities and major highways for easy access to nearby towns and cities.
This property is ideal for building your custom home or creating a private retreat in the Texas Hill Country.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Attached, Concrete, Driveway, Garage Door Opener, Garage Faces Side, Gated, Door-Multi
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wired for Data, Quartz Counters, Multiple Dining Areas, Study/Home Office
Appliances: Built-In Electric Oven, Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater, RNGHD
Flooring Type: Tile
Has Fireplace
Fireplace Features: Decorative, Gas, Living Room
Fireplaces: 1
Exterior Details
Square Footage: 2391
Square Footage Source: $0
Green Sustainability
Security Features: Smoke Detector(s)
Property Condition: New Construction
Year Built Source: Builder
Year Built: 2026
Waterfront Features: None
Builder Name: Velez
Levels: One
Other Structures: Barn(s), Shed(s)
Window Features: Vinyl Windows
Construction Materials: Spray Foam Insulation, Stone Veneer, Stucco, Masonry – Partial
Patio and Porch Features: Covered, Patio, Porch
Pool Features: None
Lot Features: Cleared, Level
Lot Size Area: 87120
Lot Size Units: Square Feet
Lot Size Acres: 2
Lot Size Square Feet: 87120
Water Source: Well
Financial Details
Tax Map Number: 56
Tax Assessed Value: $114,800
Tax Annual Amount: $1,503
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $100
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burnet
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Listed by: Michael Eckert
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2026-08-28 04:05:42
Data Source: Unlock MLS, MLS# ACT5306655
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2026-08-28 04:05:42
Data Source: Unlock MLS, MLS# ACT5306655
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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