$195,000
●
House -
Off Market
509 County Road 130
Burnet, TX 78611
1 Bed
1 Bath
900 Ft²
$958
Est. Monthly
About This Property
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Escape to this adorable 1-bedroom, 1-bath cabin nestled on two spacious lots overlooking the stunning Lake Buchanan. Whether you're looking for a cozy retreat or a place to build your dream lakeside home, this property offers endless possibilities.
The cabin boasts serene LAKE VIEWS, perfect for relaxing on the deck or enjoying peaceful mornings by the water. The new septic system ensures hassle-free living, and the two lots provide ample space with the potential to build up to three additional structures.
Ideal for a weekend getaway, vacation rental, or as a future investment, this property offers the rare opportunity to create your own lakeside haven. Don't miss out on this beautiful lakeside gem!
Buyer to verify all MLS information. Do you have a house to sell? Call today to learn more about our tiered marketing programs.
Escape to this adorable 1-bedroom, 1-bath cabin nestled on two spacious lots overlooking the stunning Lake Buchanan. Whether you're looking for a cozy retreat or a place to build your dream lakeside home, this property offers endless possibilities.
The cabin boasts serene LAKE VIEWS, perfect for relaxing on the deck or enjoying peaceful mornings by the water. The new septic system ensures hassle-free living, and the two lots provide ample space with the potential to build up to three additional structures.
Ideal for a weekend getaway, vacation rental, or as a future investment, this property offers the rare opportunity to create your own lakeside haven. Don't miss out on this beautiful lakeside gem!
Buyer to verify all MLS information. Do you have a house to sell? Call today to learn more about our tiered marketing programs.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$217
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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: 2 years ago (Unlock MLS #ACT5552126)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Price Decreased |
$195,000
↓ $34K
(14.9%) | |
| Price Decreased | |||
| Mar 6, 2025 | Price Decreased |
$229,000
↓ $31K
(11.9%) | |
| Price Decreased | |||
| Dec 13, 2024 | Price Decreased |
$260,000
↓ $30K
(10.3%) | |
| Price Decreased | |||
| Nov 20, 2024 | Listed by Keller Williams Realty | $290,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Burnet
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Listed by: Clay Byrne
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2025-05-07 04:39:22
Data Source: Unlock MLS, MLS# ACT5552126
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 448-4111
Last Updated: 2025-05-07 04:39:22
Data Source: Unlock MLS, MLS# ACT5552126
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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