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Burnet 78611
305 CR 119A
$415,000
● House - Off Market

305 CR 119A

Burnet, TX 78611
bedrooms
2 Beds
bathrooms
1 Bath
square feet
940 Ft²
$763,186
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Enlarged & totally updated 2/1 cottage. Island kitchen, convenient storage, vaulted great room. Lg windows for fabulous water views. New HVAC, appliances, Hunter up/down shades. Vintage laundry & bathroom doors, patio, sprinkler sys & landscaping. Stg building. Across the street, enjoy 55' Open Water, Colorado Arm-Lake LBJ. Boathouse in place w 2 jet ski lifts, one-stall boat lift, swim ladder, lg n BBQ area, decking & retaining wall. Sip your favorite beverage lakeside as you bask in Hill Country sunsets!
Unit Size
940 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$457
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
2003

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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: 5 months ago (LERA #1113641)

Price History

Date / Event Date Event Price
Aug 25, 2015 Sold
Premium
Sold
Apr 21, 2015 Listed by RE/MAX of Marble Falls $430,000
Listed by RE/MAX of Marble Falls

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 14
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 7,328
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 2,308
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,308
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: ENCHANTED VALLEY
  • Land Acres: 0000000168
  • Standard Land Use Code: 0010
  • County Land Use Code: A5
  • State Land Use Code: A5
  • Legal Description 1: S4300 ENCHANTED VALLEY LOT 25 &183 BLK 1

Neighborhood

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

Geography

  • Parcel: 13640
  • Block: 1
  • Lot: 25,18
  • Municipality: BURNET
  • Latitude: 30.7072
  • Longitude: -98.4094

    Address

  • Full Address: 305 County Road 119a
  • Address - House Number: 305
  • Address - Street Name: County Road 119a
  • State: TX
  • City Name: Burnet
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,189,816
  • Tax Rate Code Area: WCD

    Market Valuation

  • Market Total Value: $978,477
  • Market Land Value: $551,645
  • Market Improvement Value: $426,832

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $978,477
  • Assessed Land Value: $551,645
  • Assessed Improvements Value: $426,832

    Sales

  • Current Sale Contract Date: Aug 25, 2015
  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201507188
  • Previous Sale Recording Date: Mar 19, 2012
  • Previous Sale Contract Date: Mar 15, 2012
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 70
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:

$409,750

Sale Price/ft²

$226

Below Asking

0.04%

Average Days on Market

101

Average Home Size

2243 ft²

Average Home Age

7 years

Currently For Sale

593 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

Unit for rent at 5304 Bedford St, Kingsland, TX, 78639

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,669 ft²
5304 Bedford St, Kingsland, TX, 78639 Listing by Eileen Depew

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Zina Rodenbeck, RE/MAX of Marble Falls
Last Updated: 5 months ago
Data Source: LERA, MLS# 1113641
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 305 County Rd 119A built and last sold?
The property at 305 County Rd 119A was built in 2003 and last sold on Aug 25, 2015 for $415,000.
How much is this home worth?
The estimated value of the home located at 305 County Rd 119A is $425,618.
What are some comparable homes to 305 County Rd 119A?
There are currently no comparable homes to 305 County Rd 119A.
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