NOT LISTED FOR SALE

TBD Reed Ranch Rd Burnet, TX 78611

Estimated Value: $709,000 - $1,467,613

3 Beds
-- Bath
-- Sq Ft
17.06 Acres Lot

Sale Details

Date Sold: January 14, 2023

Current estimated payment $6,844 / mo

185 Days on Market

Highlights

  • Panoramic View
  • 17.06 Acre Lot
  • Agricultural Exemption

About This Home

As of January 2023

Welcome to a new hidden gem in the Hill Country, Reed Ranch Estates! This small gated community boasts the best hill country views around! You can see dam to dam of Inks Lake as well as parts of Lake Buchanan and Packsaddle Mountain! This 17 acres has views you truly have to see to believe! There is city water on the lot as well as electricity! The property has light restrictions! As soon as you enter the gate off the highway the views never stop! There is a annual road maintenance fee of $350.00. You will love having Torr Na Lochs winery as your neighbor .

Last Agent to Sell the Property

Bailey Pippenger Heinatz

Lake Life Team-eXp Realty License #0709555 Listed on: 06/07/2022

Lake Life Team-eXp Realty

Co-Listed By

Tony Pippenger

Lake Life Team-eXp Realty License #0667948

Last Buyer's Agent

Amy Corley

Life Around Austin Realty, LLC License #0603571

Property Details

Property Type

  • Other

Lot Details

  • 17.06 Acre Lot
  • Property fronts a private road

Property Views

  • Lake
  • Panoramic
  • Hill Country

Farming

  • Agricultural Exemption
  • Farm

Community Details

  • Property has a Home Owners Association
  • Reed Ranch Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 119949

Property Details

Property Type

Other

Lot Details

17.06 Acres

Listing Details

  • View: Hill Country, Lake, Panoramic
  • Reso Property Sub Type: Farm
  • Prop. Type: Farm
  • Road Frontage Type: Paved Road, Private Road
  • Co List Office Mls Id: HLM1196
  • Co List Office Phone: +1 (325) 388-45
  • Co List Office Mls Id: HLM1196
  • Subdivision Name: Reed Ranch Estates
  • Directions: Subdivision entrance is 8 miles outside of Burnet on HWY 29 headed towards Buchanan Dam
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 0
  • HLM_PropertyDescription: Cleared,Partial Wooded,Rolling,View
  • HLM_AgExempt: Yes
  • HLM_PropOwnFeeMand: Yes
  • HLM_PropOwnFeeFrequency: Annually
  • HLM_PropertyOwnersFee: 350
  • Leases: None
  • Special Features: VirtualTour
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Acres: 17.06

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Burnet

Lot Info

  • Parcel #: 119949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jan 12, 2023
Sold by
Pippenger Brett D
Bought by
Smith Cade and Smith Haley
Seller's Agent
Bailey Pippenger Heinatz
Lake Life Team-eXp Realty
Buyer's Agent
Amy Corley
Life Around Austin Realty, LLC
List Price
$775,000
Views
4
Current Estimated Value
$1,124,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.61%
Original Mortgage
$425,000
Outstanding Balance
$403,702
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$706,201

Purchase Details

Closed on
Jul 9, 2021
Sold by
Granite Partners Llc
Bought by
Pippenger Brett D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,896
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Smith Cade -- Highland Lakes Title
Pippenger Brett D -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Smith Cade $425,000
Previous Owner Pippenger Brett D $197,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2023 01/14/23 Sold -- -- --
12/07/2022 12/07/22 Price Changed $500,000 -28.1% --
08/02/2022 08/02/22 Price Changed $695,000 -10.3% --
06/07/2022 06/07/22 For Sale $775,000 -- --
Source: Highland Lakes Association of REALTORS®

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 $8,932 $775,736 $27,824 $747,912
2024 $7,500 $563,293 $37,066 $526,227
2023 $7,500 $1,280 $1,280 --
2022 $21 $1,390 $1,390 $0
2021 $24 $1,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM160522

Highland Lakes Association of REALTORS®

APN: 119949

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