$799,500

432 Painted Horse Trail Burnet, TX 78611

Estimated payment $4,888/month

Total Views 11,304
4 Beds
3 Baths
3,058 Sq Ft
$261 Price per Sq Ft

Highlights

  • Panoramic View
  • Agricultural Exemption
  • Tile Flooring
  • 10 Acre Lot
  • Shed
  • Central Heating and Cooling System

About This Home

Welcome to your own slice of Hill Country paradise in the exclusive gated Lost Mountain Ranch subdivision! Nestled on 10 sprawling acres, this unique property offers two homes, perfect for multi-generational living or hosting guests. The main house boasts 2,194 sq ft of living space and includes 2 large bedrooms with walk-in closets, providing ample storage and comfort. One of the extra living rooms could easily be turned into a 3rd bedroom. There are 2 bathrooms, with the master bath featuring a luxurious clawfoot tub, creating a spa-like retreat. The expansive kitchen and dining area offer a cozy atmosphere with a charming wood-burning fireplace, perfect for family gatherings or entertaining. For added convenience, the home includes a wet bar with a built-in wine fridge, and a walk-in pantry with direct access from the attached 2-car garage, making grocery unloading easy and efficient. The second home is an 864 sq ft barndominium with 2 bedrooms, 1 bathroom, and a kitchenette. It also includes an attached 2-car carport, offering convenience for residents or guests. The outdoor area is a must-see, with large covered front and back porches, a sports court with special lighting for evening games and a spacious concrete area ideal for hosting gatherings. Additionally, the property includes an extra garage/workshop with plenty of built-in storage shelving. With a wildlife exemption, the property also benefits from reduced taxes while preserving the area's natural habitat.

Listing Agent

Kayla Runge

eXp Realty, LLC License #0733298 Listed on: 05/29/2025

eXp Realty, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 2002

Lot Details

  • 10 Acre Lot
  • Property is Fully Fenced

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Panoramic
  • Hill Country

Home Design

  • Farm
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,058 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Shed
  • Agricultural Exemption

Community Details

  • 2 Units
  • Lost Mtn Ranch Subdivision

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up
  • Assessor Parcel Number 066800

Property Details

Property Type

Other

Est. Annual Taxes

$5,273

Year Built

Built in 2002

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • View: Hill Country, Panoramic
  • Reso Property Sub Type: Farm
  • Prop. Type: Farm
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: HLM826
  • Subdivision Name: Lost Mtn Ranch
  • Directions: Head North on U.S. Hwy 281/N Water St for 5.2 miles. Turn right on to Park Road 4. In one mile, take a right onto Painted Horse Trail. The destination will be on your right in 0.4 miles.
  • Reso Flooring: Hard Tile
  • Efficiency: Ceiling Fan(s)
  • Year Built: 2002
  • HLM_ShortTermRentalAllowed: NO
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 2
  • HLM_Improvements: Equipment Shed
  • HLM_PropertyDescription: Cleared,Level,View
  • HLM_AgExempt: Yes
  • HLM_NumberWellsOnProperty: 1
  • HLM_SepticLocOnProp: Yes
  • HLM_MiscExtras: Fireplace,Handicap Accessible,Smoke Detectors,Sprinkler System,Storage Space
  • Leases: None
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Washer Hookup, Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Metal
  • Fencing: Perimeter, Completely Fenced
  • Acres: 10
  • Construction Type: Wood Siding, Stone
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Heating: Central, Electric
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Burnet

Lot Info

  • Parcel #: 066800

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,273 $409,258 $0 $0
2022 $4,920 $372,173 -- --
2021 $5,558 $338,430 $11,258 $327,172
2020 $5,250 $312,117 $11,258 $300,859
2019 $5,094 $312,117 $11,258 $300,859
2018 $4,722 $290,965 $11,258 $279,707
2017 $4,388 $334,551 $105,000 $229,551
2016 $4,059 $316,510 $105,000 $211,510
2015 -- $316,510 $105,000 $211,510
2014 -- $269,889 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $799,500 -- $261 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- None Avelable
Warranty Deed -- None Available
Warranty Deed -- None Available
Vendors Lien -- None Avelable
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $143,800 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $170,000 Seller Take Back
Previous Owner $16,000 Credit Line Revolving
Source: Public Records

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Source: Highland Lakes Association of REALTORS®

MLS Number: HLM173610

Highland Lakes Association of REALTORS®

APN: 66800