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Burnet 78611
506 Orbit DR
$499,000
● House - Off Market

506 Orbit DR

Burnet, TX 78611
bedrooms
4 Beds
bathrooms
2 Baths
square feet
4,287 Ft²
$2,924
Est. Monthly
4.87%
Cap Rate

About This Property

Hill Country private oasis awaits, just minutes from downtown Burnet, Texas! Excellent views of Burnet and the surrounding Hill Country are seen from this hill top location. Custom home that has been expanded and updated over the years. Room for the entire family and guests are welcome here!! Updated island kitchen with stone encased cooking area with stainless steel appliances and a plethora of cabinets for storage adjoins the open, beamed ceiling, primary dining area with a beautiful stone wall. The massive large living boasts a stone fireplace, secondary dining area or great game table area, with a designated wet bar space, and a large wood-ceiling enclosed porch area with steps down to a side exterior door. Off this fabulous space is the primary ensuite featuring a large bedroom with dual closets, direct access to the covered side porch perfect for your morning coffee and to watch the wildlife, and an attached sitting area or private office retreat. The ensuite bathroom offers dual vanities, toilet and bidet, separate shower, and a massive soaking tub, with tons of storage. The split bedroom floorplan provides privacy to the primary ensuite from the rest of the bedrooms. Three additional bedrooms and secondary bathroom are on the opposite side of the home. Step out the side door and through the breezeway into the large 3-car garage with workbench area, and travel up the stairs to the enormous game room with kitchenette area. This is an ideal setup! This space also offers an attached bonus/5th bedroom. Private and discreet, this property offers the best of both worlds; quiet country living on one acre with exceptional views, along with being just minutes from downtown. Check out this unique property today! Features List available.
Unit Size
4,287 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$116
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1966

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Last updated: 3 years ago (Unlock MLS #ACT2493422)

Price History

Date / Event Date Event Price
Apr 12, 2024 In contract -
In contract
Mar 20, 2024 Relisted $499,000
Relisted
Nov 5, 2022 Listed by Zina & Co. Real Estate $499,000
Listed by Zina & Co. Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,147
  • Parking Space Count: 4
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,546
  • Total Building Area: 5,434
  • Gross Building Area: 5,434
  • Building Area: 4,287
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,287
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKYLINE TERRACE
  • Land Acres: 0000001023
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S7800 SKYLINE TERRACE LOT 52-55, UNIT 1

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960302

Geography

  • Parcel: 41146
  • Lot: 52-55
  • Municipality: BURNET
  • Latitude: 30.7643
  • Longitude: -98.2481

    Address

  • Full Address: 506 Orbit Dr
  • Address - House Number: 506
  • Address - Street Name: Orbit
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Burnet
  • Carrier Code: H006
  • 4-Digit Zip Code: 2872
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,576
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 449,017
  • High Value: 548,159
  • Low Value: 349,876

    Market Valuation

  • Market Total Value: $433,244
  • Market Land Value: $22,273
  • Market Improvement Value: $410,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,244
  • Assessed Land Value: $22,273
  • Assessed Improvements Value: $410,971

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2018
  • Current Sale Recording Date: Jul 31, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201808159
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burnet


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Nearby Rentals

Unit for rent at 208 Cailin Ct, Burnet, TX, 78611

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,665 ft²
208 Cailin Ct, Burnet, TX, 78611 Listing by Alyssa Hashbarger


Frequently Asked Questions

When was property at 506 Orbit Drive built and last sold?
The property at 506 Orbit Drive was built in 1966 and last sold on Jul 31, 2018 for $225,000.
How much is this home worth?
The estimated value of the home located at 506 Orbit Drive is $534,313.
What are some comparable homes to 506 Orbit Drive?
There are currently no comparable homes to 506 Orbit Drive.