Overview
- Property ID
- 84539
- 10 Bedrooms
- 6 Bathrooms
- 4,923 ft2
- 7 ac
Description
Discover a unique development opportunity near the heart of Burnet, Texas. This versatile property boasts immense potential for future development, perfect for the construction of new homes or leave the property with mobile homes and RV lots. With water and city sewer facilities already in place, the groundwork is set for your venture.
The current number of lots hold up to seven RVer’s for $510 monthly. The four existing mobile homes, currently rented far below market value, have retained long-time tenants, now on flexible month-to-month leases.
Beyond these, the property also features numerous additional structures, including a spacious 2200 sq/ft barn/workshop, two water wells, covered parking facilities, and a handy shed.
Situated in the Burnet ETJ and bordering the city limits, this property enjoys a prime location with fewer restrictions. It is in close proximity to new home developments featuring homes valued in the range of $300K-$400K+.
With the current owners looking forward to their well-deserved retirement, this presents an exceptional investment opportunity for the discerning buyer interested in implementing a modern marketing or development plan to boost revenue. Don’t miss out on this chance to shape Burnet’s future landscape. Reach out to us today to schedule a tour of this remarkable property.
- Principal and Interest
- Property Tax
- HOA fee