500 Gravel Dr Burnet, TX 78611
Buchanan Lake NeighborhoodEstimated payment $1,419/month
Highlights
- Views of Hill Country
- Cottage
- Ceiling Fan
- Deck
- Central Heating and Cooling System
- 1-Story Property
About This Home
Located in the heart of the Hill Country, this delightful property is spread across three lots, making it a great space to build a workshop or a second home. This is the perfect lake house cottage with low maintenance and features an updated kitchen with granite counters and shaker-style cabinetry. A full bath with a dresser-style vanity adds a touch of elegance and convenience. The primary bedroom stands out with its vaulted ceiling, providing a sense of spaciousness. Step outside onto the wood deck off the kitchen - a perfect spot for morning coffee or evening relaxation. The proximity to parks and a boat ramp to Lake Buchanan enhances the appeal of this location. It could potentially be utilized as a short-term rental or serve as your personal lake getaway where water sports and fishing can be enjoyed. Located near Spider Mountain, outdoor enthusiasts will relish the opportunity for adventure right at their doorstep.
Listing Agent
Watters International Realty License #0567369 Listed on: 04/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,865
Year Built
- Built in 1962
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 180x90
- Chain Link Fence
- Cleared Lot
HOA Fees
- $8 Monthly HOA Fees
Home Design
- Cottage
- Metal Roof
- Pier And Beam
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Laminate Flooring
- Views of Hill Country
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Deck
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- Council Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 010767
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,865 | $219,300 | $4,050 | $215,250 |
| 2024 | $2,865 | $219,300 | $4,050 | $215,250 |
| 2023 | $2,865 | $219,300 | $4,050 | $215,250 |
| 2022 | $2,892 | $192,312 | $4,050 | $188,262 |
| 2021 | $2,186 | $133,455 | $4,050 | $129,405 |
| 2020 | $1,520 | $90,704 | $4,050 | $86,654 |
| 2019 | $626 | $35,872 | $1,350 | $34,522 |
| 2018 | $357 | $20,098 | $1,350 | $18,748 |
| 2017 | $321 | $17,671 | $1,890 | $15,781 |
| 2016 | $321 | $17,671 | $1,890 | $15,781 |
| 2015 | -- | $17,671 | $1,890 | $15,781 |
| 2014 | -- | $17,542 | $1,890 | $15,652 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Price Changed | $220,000 | -2.2% | $262 / Sq Ft |
| 04/14/2025 04/14/25 | For Sale | $225,000 | 0.0% | $268 / Sq Ft |
| 02/17/2023 02/17/23 | Sold | -- | -- | -- |
| 01/09/2023 01/09/23 | For Sale | $225,000 | +50.1% | $268 / Sq Ft |
| 12/30/2020 12/30/20 | Sold | -- | -- | -- |
| 10/27/2020 10/27/20 | Price Changed | $149,900 | -3.2% | $178 / Sq Ft |
| 09/20/2020 09/20/20 | For Sale | $154,900 | +19.8% | $184 / Sq Ft |
| 06/25/2019 06/25/19 | Sold | -- | -- | -- |
| 05/01/2019 05/01/19 | Price Changed | $129,250 | -0.2% | $154 / Sq Ft |
| 04/05/2019 04/05/19 | For Sale | $129,500 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Vendors Lien | -- | Capital Title | |
| Vendors Lien | -- | Highland Lakes Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,015 | FHA | |
| Previous Owner | $144,337 | FHA | |
| Previous Owner | $124,250 | New Conventional |
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM172881
APN: 10767
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