NOT LISTED FOR SALE

1501 N Water St Burnet, TX 78611

Estimated Value: $231,000 - $256,000

2 Beds
1 Bath
1,056 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 07, 2022

Current estimated payment $1,673/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Laundry Room
  • Corner Lot
  • Front Porch
  • Tile Flooring

About This Home

As of November 2022

Excellent opportunity at a great price. This clean 2/1 is move-in ready with a unique commercial potential in a prime Burnet location. The main areas are open including a full kitchen with white appliances and good cabinet space. Down a small set of stairs, you will see an additional bedroom, excellent for a home office, and a mudroom off the back entrance with a washer/ dryer. Low tax rate to boot! See this one quick!

Last Agent to Sell the Property

Brenda Burke

ERA Colonial Real Estate License #0611408 Listed on: 10/13/2022

ERA Colonial Real Estate

Last Buyer's Agent

Non Member

Non Member License #785011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,783

Year Built

  • Built in 1952

Lot Details

  • 10,650 Sq Ft Lot
  • West Facing Home
  • Corner Lot
  • Level Lot
  • Back Yard
  • The community has rules related to zoning restrictions

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,056 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 6 Parking Spaces
  • Driveway
  • Unpaved Parking

Schools

  • Rj Richey Elementary School
  • Burnet Middle School
  • Burnet High School

Additional Features

  • Front Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Oaks Add Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 33509
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,783

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: City Restrictions, Zoning
  • Year Built: 1952
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: Take 29, North on 281/ Waters, home is on the right, corner of Fourth and Waters. NOTE Turn RIGHT on 5TH and come in the back, the back is the best place to park for multiple vehicles.
  • Disclosures: Seller Disclosure
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Multi/Split
  • Living Area: 1056.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom on Main
  • Laundry Location: Laundry Room
  • View: None
  • Flooring: Carpet, Tile, Vinyl
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Blinds

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Front Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Unpaved
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Burnet ISD
  • School District: Burnet ISD
  • Elementary School: RJ Richey
  • Middle School: Burnet (Burnet ISD)
  • High School: Burnet
  • Elementary School: RJ Richey
  • High School: Burnet
  • Middle/Junior School: Burnet (Burnet ISD)

Lot Info

  • Lot Features: Back Yard, Corner Lot, Level
  • Parcel Number: 33509
  • Lot Size Acres: 0.2445
  • Lot Size Sq Ft: 10650.42
  • Subdivision Name: Oaks Add

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Block: 4
  • Tax Filled Sqft Total: 1056
  • Tax Lot: 1
  • Tax Rate: 2.09650000000000
  • Tax Year: 2022
  • Tax Annual Amount: 3783.47
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 4, 2022
Sold by
French Stephen
Bought by
Rodeotown Holdings Company Inc
Seller's Agent
Brenda Burke
ERA Colonial Real Estate
Buyer's Agent
Non Member
Non Member
List Price
$250,000
Views
25
Current Estimated Value
$239,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.47%
Original Mortgage
$450,000
Outstanding Balance
$435,396
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$195,729

Purchase Details

Closed on
Mar 2, 2022
Sold by
Stephen French
Bought by
Badour Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 31, 2021
Closed on
Aug 26, 2021
Sold by
Crawford Robert J and Crawford Carolyn
Bought by
Properties Mgmt By B & C Llc
Seller's Agent
Julia Perkins
Burnet County Real Estate
Buyer's Agent
Non Member
HLAOR Non Member Office
List Price
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$131,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2017
Sold by
Oliver Jack D and Oliver Rhonda L
Bought by
Crawford Robert J and Crawford Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2009
Sold by
Despain Edwin Lee
Bought by
Hays Sherry M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rodeotown Holdings Company Inc -- --
Badour Stephanie -- None Listed On Document
Properties Mgmt By B & C Llc -- None Listed On Document
Crawford Robert J $131,000 --
Hays Sherry M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodeotown Holding Company Inc $60,000
Open Rodeotown Holdings Company Inc $450,000
Previous Owner French Stephen $100,000
Previous Owner Properties Mgmt By B & C Llc $131,000
Previous Owner Crawford Robert J $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold -- -- --
10/17/2022 10/17/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $250,000 +26.9% $237 / Sq Ft
09/01/2021 09/01/21 Sold -- -- --
07/28/2021 07/28/21 For Sale $197,000 -- $187 / Sq Ft
Source: Unlock MLS (Austin Board 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
2025 $4,746 $201,684 $31,950 $169,734
2024 $4,746 $257,272 $31,950 $225,322
2023 $4,746 $257,272 $31,950 $225,322
2022 $2,445 $178,696 $0 $0
2021 $3,528 $162,451 $31,950 $130,501
2020 $2,980 $134,483 $16,508 $117,975
2019 $3,044 $133,418 $15,443 $117,975
2018 $2,412 $104,450 $15,443 $89,007
2017 $2,143 $91,094 $15,443 $75,651
2016 $1,810 $76,931 $11,715 $65,216
2015 -- $76,931 $11,715 $65,216
2014 -- $76,931 $11,715 $65,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7528997

Unlock MLS (Austin Board of REALTORS®)

APN: 33509