Location, Location! STR's ALLOWED! OPEN WATERFRONT- MAIN HOUSE WITH
SEPARATE GUEST HOUSE & 30X40 STORAGE BUILDING WITH TWO 14FT ROLL UP
DOORS ALL ON .62 ACRES ! Guest house built 2019 along with main
house, Main house features 3 bedrooms & 3 baths with breathtaking
lake & ranch views from the moment you walk in. The open-concept
living area includes an updated kitchen, high-end granite
countertops, & a gas range. Both the front and back patios have
low-maintenance TechDecking, perfect for relaxing and entertaining.
The primary suite offers a custom-built stackable washer/dryer for
added convenience. On the lower level, a spacious flex room serves
as a third bedroom, game room, or guest suite & includes a full
bath, closet, & a full-size laundry room. The oversized two-car
garage provides additional storage and convenience. Step outside &
take in the stunning HillCountry lake views from your private boat
dock, complete with a metal roof, boat slip with electric lift &
two jet ski lifts. A built-in stone fire pit with bench seating
creates the perfect spot to unwind & enjoy breathtaking sunsets.
The SEPARATE GUEST HOUSE features: 3-bedroom, 2.5-bath this
beautifully designed home features high end wood-textured flooring
throughout & high-end granite countertops &plenty of easy
access attic storage offering both style and comfort. Located
behind the guest house is a 30x40 huge storage with a ranch view!
Store all your lake toys, cars, seasonal decor or turn it into a
workshop. Lots of space and views!
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.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Crown Molding, Kitchen Island, Open Floorplan, Pantry, Two Primary Baths, Ceiling-High, Ceiling-Vaulted, Multiple Dining Areas, Multiple Living Areas
Appliances: Electric Cooktop, Gas Range, Microwave, Washer/Dryer Stacked, Electric Water Heater, Water Softener
Flooring Type: Tile, Vinyl, Wood
Has Fireplace
Fireplace Features: Fire Pit, Glass Doors, Living Room, Outside
Fireplaces: 1
Exterior Details
Square Footage: 3846
Square Footage Source: $0
Green Sustainability
Security Features: Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1997
Waterfront Features: Lake Front, Waterfront
Waterbody Name: Colorado River
Levels: Two
Other Structures: Garage(s), Guest House, RV/Boat Storage, Second Residence, Storage, Workshop
Window Features: Blinds, Plantation Shutters
Construction Materials: Spray Foam Insulation, Wood Siding, Stone
Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
Pool Features: None
Lot Features: Back Yard, Front Yard, Gentle Sloping, Wooded, Views, Sprinkler - Partial
Lot Size Area: 27007.2
Lot Size Units: Square Feet
Lot Size Acres: 0.62
Lot Size Square Feet: 27007.2
Lot Size Dimensions: 75' WF
Water Source: Well
Financial Details
Tax Map Number: 41
Tax Assessed Value: $1,610,008
Tax Annual Amount: $19,864
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Boat Dock
HOA Fee: $100
HOA Fee Frequency: Annually
Building Info
Overview
General
Year Built:
1997
Effective Year Built:
1997
Building Count:
2
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:
1,980
Parking Space Count:
8
Patio Type:
0
Porch Type:
8
Pool Type:
0
Location Influence Type:
164
Dimensions
Lot Size Square Feet:
13,829
Lot Size Depth Feet:
10
Lot Size Frontage Feet:
520
Total Building Area:
5,826
Gross Building Area:
5,826
Building Area:
3,846
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
0
Heating:
0
Heated Square Feet:
3,846
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
ENCHANTED VALLEY
Land Acres:
0000000318
Standard Land Use Code:
1001
County Land Use Code:
A3
State Land Use Code:
A3
Legal Description 1:
S4300 ENCHANTED VALLEY LOT 41,219,198, AND S26.1 OF 42 BLK 1
Neighborhood
School District Name:
Burnet Consolidated Independent School District
Census Tract:
960401
Geography
Assessors Map Reference:
32-J
Parcel:
13557
Block:
1
Lot:
41,21
Municipality:
BURNET
Latitude:
30.7094
Longitude:
-98.4084
Address
Full Address:
418 County Road 119a
Address - House Number:
418
Address - Street Name:
County Road 119a
State:
TX
City Name:
Burnet
Carrier Code:
R002
4-Digit Zip Code:
5402
Zip Code:
78611
Valuation
Tax
Tax Year:
2022
Tax Amount:
$2,138,593
Tax Rate Code Area:
WCD
Appraisal Valuation
Standard Deviation:
0.3157
Valuation Date:
Sep 06, 2023
Confidence Score:
36
Final Value:
945,574
High Value:
1,244,156
Low Value:
646,991
Market Valuation
Market Total Value:
$1,746,952
Market Land Value:
$632,017
Market Improvement Value:
$1,114,935
Assessments Valuation
Assessed Year:
2023
Assessed Total Value:
$1,610,008
Exemptions
Senior Citizen Exemption :
Yes
Homeowner Exemption:
Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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