$399,900
↓ $30K (7%)
●
House -
For Sale
304 Spring ST
Burnet, TX 78611
5 Beds
4 Baths
2,342 Ft²
$2,467
Est. Monthly
$8
HOA / Fees
About This Property
Unique! Two Homes positioned on three parcels in the heart of
Burnet, Texas.
This property presents the best of Hill Country charm. Perfect for an extended family and/or income production as an STR. The home's proximity to area lakes, wineries, and Hill Country attractions enhances year-round occupancy potential and premium nightly rates. Investors and owner-operators alike can capitalize on short-term rental demand while leveraging this turnkey weekend retreat or STR asset with immediate usability. Green home is a 2/2 with 2nd living area upstairs, approx. 1200 sq ft. Blue home is a 3/2 with extra loft upstairs, approx. 1300 sq ft. All appliances convey and some furniture maybe included. SOLD AS IS. Seller Concession of up to 10K for closing costs and/or rate buy down.
This property presents the best of Hill Country charm. Perfect for an extended family and/or income production as an STR. The home's proximity to area lakes, wineries, and Hill Country attractions enhances year-round occupancy potential and premium nightly rates. Investors and owner-operators alike can capitalize on short-term rental demand while leveraging this turnkey weekend retreat or STR asset with immediate usability. Green home is a 2/2 with 2nd living area upstairs, approx. 1200 sq ft. Blue home is a 3/2 with extra loft upstairs, approx. 1300 sq ft. All appliances convey and some furniture maybe included. SOLD AS IS. Seller Concession of up to 10K for closing costs and/or rate buy down.
Unit Size
2,342 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$171
Property Type
House
Property Taxes
$495
HOA Dues
$8
Year Built
1960
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: 11 hours ago (Unlock MLS #ACT2916165)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$399,900
↓ $30K
(7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Feb 17, 2026 | Listed by Citywide Realty - Team Elite Group | $449,900 | |
| Listed by Citywide Realty - Team Elite Group | |||
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Outside
Interior Details
Full Bathrooms: 4
Interior Features: Granite Counters, Multiple Living Areas, Primary Bedroom on Main
Appliances: Electric Range, Microwave, Refrigerator
Flooring Type: Vinyl
Exterior Details
Square Footage: 2342
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2021
Waterfront Features: None
Levels: Two
Other Structures: Residence, Second Residence
Window Features: None
Construction Materials: Cement Siding
Patio and Porch Features: None
Pool Features: None
Lot Features: None
Lot Size Area: 16199.96
Lot Size Units: Square Feet
Lot Size Acres: 0.3719
Lot Size Square Feet: 16199.96
Water Source: Public
Financial Details
Tax Map Number: 930
Tax Assessed Value: $463,107
Tax Annual Amount: $5,940
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee: $90
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: Andy Patlan
Listed Office: Citywide Realty - Team Elite Group - Listing courtesy of Unlock MLS
Phone: (512) 784-0048
Last Updated: 2026-10-02 04:04:26
Data Source: Unlock MLS, MLS# ACT2916165
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Citywide Realty - Team Elite Group - Listing courtesy of Unlock MLS
Phone: (512) 784-0048
Last Updated: 2026-10-02 04:04:26
Data Source: Unlock MLS, MLS# ACT2916165
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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