$1,092,000
Burnet, TX 78611
- 12.00 Acres
- Burnet County
Description
A great investment property just north of Burnet. 12 acres Ag Exempt with 6 mobiles homes. Five are currently rented for $900/mo with long term tenants. Owner hasn't gone up on rent lately and thinks you can get $1000-1100 easily on each. Occupied units may be viewed as tenants allow. Owner says they are all about the same. The largest double wide is vacant and has a lockbox, The property has 3 water wells the owner believes is about 250' deep each. The well that feeds units 2047 and 2049 has a new pump in it. All units have separate addresses to make it easy to sell separately if desired. Addresses included in this listing are 2049, 2037, 2043, 2011, 2017 and 2047 CR 112, Burnet, TX. Owner hasn't had any other problems with wells. Cattle on property are negotiable, minerals if any owned, convey. All units have HVAC and compete roof replacement in 2021. There is a tornado shelter that holds 20 for the safety of the residents. New decks on all units in 2020 per owner. Only deed restriction is no hog raising per owner. A great ROI that will cash flow nicely.
Key Features
- Price $1,092,000
- Property Type Residential Income
- Acres 12 Acres
- Utilities Above Ground Utilities,Electricity Connected,Propane
- City Burnet
- Status Active
Improvements
- Exterior Features: Dog Run,See Remarks
- Fence: Livestock,Wire
- Garage carport: 2
- Heating: Central
- Permit internet: 1
- Roof: Aluminum
Other
- City: Burnet
- County: Burnet
- State: TX
- Zipcode: 78611
- Year Built: 1999
- Floors: Carpet,Laminate
- Subdivision: none
Property Map
From Hwys 281 and 29 in Burnet go N on 281 .7 mi. to 963. Turn rt on 963 and go 2.5 mi to a Y with CR 112. Take Cr 112 for 1.1 mi, property will be on the left. Multiple entrances.
©2023 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #1991538 Courtesy of M.Watkins RealEstateGroup,LLC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
