$349,000
●
Land -
Off Market
304 Eagle Ridge
Burnet, TX 78611
Studio
0 Bath
$2,154
Est. Monthly
$85
HOA / Fees
About This Property
Stunning panoramic views of Inks Lake, Buchanan Dam, Lake Buchanan
and the beautiful Colorado River from this 3.04 acre lot. One of
the few remaining ridge lots in Eagles Nest. This property offers a
wonderful building site for your custom dream home! Words and
pictures cannot fully describe the feeling of looking out at the
miles of lake views and golden sunsets on this beautiful bit of the
Texas Hill Country! Come walk this lot today!
The City of Burnet lies along the Highway 29 corridor making Georgetown, Round Rock, North Austin and Downtown Austin easily accessible.
The City of Burnet lies along the Highway 29 corridor making Georgetown, Round Rock, North Austin and Downtown Austin easily accessible.
Unit Size
-
Days on Market
-
Land Size
3.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$356
HOA Dues
$85
Year Built
-
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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 (Unlock MLS #ACT5754887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by Greg Weber, Realtors | $349,000 | |
| Listed by Greg Weber, Realtors | |||
| Sep 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 21, 2022 | Listed by All City Real Estate | $399,900 | |
| Listed by All City Real Estate | |||
| | |||
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Breathtakingly stunning views await you in the exclusive gated community of Eagles Nest. This perfectly situated 3.04 acre lot provides an unobstructed view of the upper Highland Lakes. Build your dream home and from your rear patio enjoy the over 180 degree panoramic view as you follow the Colorado River as it meanders through the terrain below. Take in the entirety of Lake Buchanan down to Buchanan Dam. Next comes a full view of Inks Lake, all the way to the Inks Lake Spillway and beyond. The photos are spectacular but cannot convey the beauty of the view, it must be seen in person. Well worth the short drive to the Hill Country, this prime location is secluded, yet close enough to Austin and surrounding attractions to enjoy all the dining, fishing and water sports the Highland Lakes area has to offer.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Burnet
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Listed by: Carlene Bond
Listed Office: Greg Weber, Realtors - Listing courtesy of Unlock MLS
Phone: (512) 423-3111
Last Updated: 2024-04-15 18:05:44
Data Source: Unlock MLS, MLS# ACT5754887
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Greg Weber, Realtors - Listing courtesy of Unlock MLS
Phone: (512) 423-3111
Last Updated: 2024-04-15 18:05:44
Data Source: Unlock MLS, MLS# ACT5754887
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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