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Burnet 76550
2536 Bcr 111
$635,200
● House - Off Market

2536 Bcr 111

Lampasas, TX 76550
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,353 Ft²
$974,465
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Enjoy a life of peace and tranquility on approx 57 acres in the Flying S Ranch. Secluded at the end of a tree lined road sits this 3 bedroom 2.25 bath home with majestic Hill Country views that will take you away. With 2,353 sqft there is plenty of space to make your own. The Family Living room features high ceilings with exposed beams, a wood burning fireplace and sliding glass doors that take you to the large covered porch and breathtaking views of the property. Formal Dining room has built in cabinet. Conveniently located off the Kitchen is the large 2 car attached garage with Laundry and a half bathroom. Outdoor features include a barn, workshop with electric & water, 2 tanks and RV parking.
Unit Size
2,353 Ft²
Days on Market
-
Land Size
57.93 acres
Price per sqft
$293
Property Type
House
Property Taxes
$387
HOA Dues
$2
Year Built
1975

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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: 3 years ago (NTREIS #14306752)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 19, 2020 Sold
Premium
Sold
Apr 24, 2020 In contract -
In contract
Mar 18, 2020 Listed by TEXAS REAL ESTATE SALES $689,500
Listed by TEXAS REAL ESTATE SALES

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,882
  • Gross Building Area: 2,882
  • Building Area: 2,353
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,353
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOSEPH SQUIRES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: ABS A0768 JOSEPH SQUIRES, TRACT 10, FLYING S RANCH, 1.0 ACRES

Neighborhood

  • School District Name: Lampasas Independent School District
  • Census Tract: 950400

Geography

  • Subdivision Tract Number: 10
  • Parcel: 55881
  • Municipality: LAMPASAS
  • Latitude: 31.0124
  • Longitude: -98.2381

    Address

  • Full Address: 2536 Bcr 111
  • Address - House Number: 2536
  • Address - Street Name: Bcr 111
  • State: TX
  • City Name: Lampasas
  • Zip Code: 76550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,905
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 179,532
  • High Value: 236,222
  • Low Value: 122,841

    Market Valuation

  • Market Total Value: $359,731
  • Market Land Value: $15,000
  • Market Improvement Value: $344,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,738

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 202114423
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:

$399,990

Sale Price/ft²

$225

Below Asking

0.04%

Average Days on Market

100

Average Home Size

2221 ft²

Average Home Age

7.6 years

Currently For Sale

600 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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NTREIS

Listed by: Leah Caruthers, TEXAS REAL ESTATE SALES
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14306752
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2536 Bcr 111 built and last sold?
The property at 2536 Bcr 111 was built in 1975 and last sold on Aug 24, 2021 for $368,800.
How much is this home worth?
The estimated value of the home located at 2536 Bcr 111 is $0.
What are some comparable homes to 2536 Bcr 111?
There are currently no comparable homes to 2536 Bcr 111.
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