NOT LISTED FOR SALE

142 County Road 118 Burnet, TX 78611

Estimated Value: $382,210 - $937,000

4 Beds
2 Baths
1,952 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 24, 2019

Current estimated payment $3,060/month

295 Days on Market

Highlights

  • 1.58 Acre Lot
  • Wood Siding
  • Vinyl Flooring
  • Central Heating and Cooling System

About This Home

As of June 2019

Great Investment Opportunity! Duplex on small acreage with very light restrictions. Each unit has 2 bed/1 bath. Both have separate water heaters and washer/dryer hook-ups. Metal roof. AC's were replaced in 2015. Each unit has a separate storage building. Plenty of parking available. 24 hour notice to show. Front unit unoccupied. Home was originally a single family home and would be easy to convert back.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 1995

Lot Details

  • 1.58 Acre Lot
  • Property fronts a county road

Home Design

  • 1,952 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Electric Range
  • Washer and Electric Dryer Hookup

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, garbage pick-up
  • Short Term Rentals Allowed
  • Assessor Parcel Number 040636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,721

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road, Paved Road
  • Co List Office Mls Id: HLM8
  • Subdivision Name: None
  • Directions: In Kingsland turn onto FM 2342. In 5.3 miles turn left onto Hoover Vally Road (CR118). Fourth mailbox on right is labeled 142.
  • Reso Flooring: Laminate Floating, Vinyl
  • Year Built: 1995
  • HLM_ShortTermRentalAllowed: YES
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_MiscExtras: Individual Water Heat,Separate Meters,Storage Space
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Dryer Hookup, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Stone, Wood
  • Roof: Metal
  • Acres: 1.58
  • Construction Type: Wood
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Heating: Central, Electric
  • Water Source: Community

Schools

  • Junior High Dist: Burnet

Lot Info

  • Lot Dimensions: 1.583
  • Lot Size Sq Ft: 68824
  • Parcel #: 040636

Rental Info

  • Tenant Pays: Electricity, Water, Garbage Pick-up

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Jun 24, 2019
Sold by
Williamson Mary E and Williamson George L
Bought by
Casarez Samuel
List Price
$180,000
Current Estimated Value
$519,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$157,102
Outstanding Balance
$140,218
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$378,830
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Casarez Samuel -- Highland Lakes Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casarez Samuel $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold -- -- --
11/27/2018 11/27/18 Price Changed $160,000 +6.7% $82 / Sq Ft
11/13/2018 11/13/18 Price Changed $150,000 -16.7% $77 / Sq Ft
07/20/2018 07/20/18 For Sale $180,000 -- $92 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,721 $265,305 $0 $0
2022 $3,053 $241,186 -- --
2021 $3,406 $219,260 $26,436 $192,824
2020 $2,774 $174,243 $26,436 $147,807
2019 $2,889 $174,243 $26,436 $147,807
2018 $2,575 $152,809 $7,915 $144,894
2017 $2,221 $128,661 $7,915 $120,746
2016 $2,221 $128,661 $7,915 $120,746
2015 -- $128,499 $7,915 $120,584
2014 -- $115,956 $7,915 $108,041
Source: Public Records

Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM144954

Highland Lakes Association of REALTORS®

APN: 40636

Texas Burnet County Burnet 78611

142 County Road 118, Burnet, TX

This home is located at 142 County Road 118, Burnet, TX 78611 since 20 July 2018 and is currently estimated at $592,553, approximately $303 per square foot. This property was built in 1995. 142 County Road 118 is a home located in Burnet County with nearby schools including Shady Grove Elementary School, RJ Richey Elementary School, and Burnet Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Highland Lakes Association of REALTORS® 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.

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