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Burnet 78611
400 Amber Oaks
$510,000
● House - Off Market

400 Amber Oaks

Burnet, TX 78611
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,529 Ft²
$1,257,359
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

PRICED BELOW MAY '10 APPRAISAL!! SELLERS LOSS IS YOUR GAIN! Gorgeous custom Ranch-Style home on 10 Wildlife Exempt acres in gated comm. 4/2.5/2 home has covered breezeway to finished garage, gourmet island kitchen w granite counters, SS appliances, Kraftmaid cabinetry, hardwood floors, arched doorways, designer colors, surround sound, vaulted & coffered ceilings, stone fireplace & spacious master suite. Cvd flagstone patio, gunite in-ground pool w/rock waterfall, & outdoor spa.  Level acreage, horses welcom
Unit Size
2,529 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$217
Property Type
House
Property Taxes
$390
HOA Dues
$21
Year Built
2005

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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 #927706)

Price History

Date / Event Date Event Price
Feb 23, 2012 Sold
Premium
Sold
Jan 13, 2012 Listed by RE/MAX of Marble Falls $549,900
Listed by RE/MAX of Marble Falls

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 1
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 21
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 3,154
  • Gross Building Area: 3,154
  • Building Area: 2,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,529
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMBER OAKS RANCH
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: S3060 AMBER OAKS RANCH LOT 19 10.0

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960600

Geography

  • Parcel: 69190
  • Lot: 19
  • Municipality: BURNET
  • Latitude: 30.6795
  • Longitude: -98.2826

    Address

  • Full Address: 400 Amber Oaks
  • Address - House Number: 400
  • Address - Street Name: Amber Oaks
  • State: TX
  • City Name: Burnet
  • Carrier Code: R005
  • 4-Digit Zip Code: 5887
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $685,601
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2494
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 987,480
  • High Value: 1,233,786
  • Low Value: 741,174

    Market Valuation

  • Market Total Value: $872,416
  • Market Land Value: $250,000
  • Market Improvement Value: $622,416

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,960

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2012
  • Current Sale Recording Date: Feb 28, 2012
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201201669
  • Previous Sale Recording Date: May 28, 2010
  • Previous Sale Contract Date: May 26, 2010
  • Previous Sale Amount: $521,300
  • 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

2242 ft²

Average Home Age

7 years

Currently For Sale

594 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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LERA

Listed by: Zina Rodenbeck, RE/MAX of Marble Falls
Last Updated: 5 months ago
Data Source: LERA, MLS# 927706
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 400 Amber Oaks built and last sold?
The property at 400 Amber Oaks was built in 2005 and last sold on Feb 23, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 400 Amber Oaks is $560,244.
What are some comparable homes to 400 Amber Oaks?
There are currently no comparable homes to 400 Amber Oaks.
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