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503 South Water Street

503 South Water Street, Burnet, TX 78611
Land in Burnet
Local assessors in Burnet, TX have categorized 503 South Water Street as a commercial type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 17,359 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 South Water Street has a total of 2,388 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 468 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. The building has a gable style roof that was made of asphalt. Lots of a combination of material were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 503 South Water Street sold most recently in Mar 23, 2006 for a total of $170,000. If you work out the math, that's approximately a cost of $71.19 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,137 in taxes each year. 503 South Water Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $501,000. If we break it down further, the land itself was valued at $208,308. Improvements to the property, however, were assessed at a total of $292,692. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 468
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 17,359
  • Total Building Area: 2,388
  • Gross Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,388
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: VANDEVEER/ ALEXANDER
  • Land Acres: 0.399
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: S8450 VANDEVEER/ ALEXANDER LOT PT OF 1 & 4 BLK 2

Ownership

  • Current Owner : CALHOUN CHADWICK J
  • Previous Owner : JIM BERRY HILL COUNTRY RANCH SALES LTD

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960301

Geography

  • Assessors Map Reference: 90-X
  • Parcel: 44662
  • Block: 2
  • Lot: 1
  • Municipality: BURNET
  • Latitude: 30.7542
  • Longitude: -98.2274

    Address

  • Full Address: 503 S Water St
  • Address - House Number: 503
  • Street Direction: S
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: TX
  • City Name: Burnet
  • Carrier Code: C003
  • 4-Digit Zip Code: 3636
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,137
  • Tax Rate Code Area: WCD

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: AMERICAN BANK OF TEXAS NA
  • First Open Lien Mortgage Recording Date: Apr 21, 2006
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $501,000
  • Market Land Value: $208,308
  • Market Improvement Value: $292,692

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,000
  • Assessed Land Value: $208,308
  • Assessed Improvements Value: $292,692

    Sales

  • Current Sale Contract Date: Mar 23, 2006
  • Current Sale Recording Date: Apr 21, 2006
  • Current Sale Transaction ID: 1146683841
  • Current Sale Price: $170,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 200605181

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANK OF TEXAS NA
  • First Mortgage Transaction Date: Apr 21, 2006
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Burnet



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Frequently Asked Questions

What neighborhood is 503 South Water Street located in?
The 503 South Water Street is a land located in the neighborhood of Burnet in Burnet, Burnet.
What is the average sales price for listings in 503 South Water Street?
The average sales price for units in 503 South Water Street is $0 currently.

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