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$279,000

212 N River Oaks Dr, Burnet, TX, 78611

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.61 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Free Standing Electric Range, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesBoat Ramp
Lot Size22,076 sqft

Building Information

Year Built1987

Land Information

APN36747
Lot Number22,66
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionS7300 RIVER OAKS LOT 22 & 66
Census Tract960401
Assessed Land Value$77,042
Assessed Improvement Value$148,079
Assessment Year2025

About this property

Opportunity and flexibility come together in this Hoover Valley property, situated on a spacious half-acre double lot that stretches street to street in a quiet Lake LBJ neighborhood. In addition to the main home, the property features a separate structure with the shell already in place for a future guest house, its own water meter, electricity in place, and a recently replaced roof. The interior is ready for the next owner to finish out and make it their own. With an attractive price point and exceptionally low tax rate, this property offers plenty of value and possibilities. Investors can explore the potential for two rental income streams, while the layout also lends itself well to multigenerational living, extended family and guests, or an affordable Lake LBJ getaway with extra space. Hoover Valley residents enjoy access to a neighborhood park on Lake LBJ, all while being within easy reach of some of the best of the Highland Lakes, including Inks Lake State Park, Longhorn Cavern State Park, local wineries, Burnet, and Marble Falls. Whether you’re looking for a full-time home, investment opportunity, or a Hill Country lake getaway, this property offers space, flexibility, and plenty of potential at an attractive price point.

Investor Tools

$0Estimated Mortgage Balance
$254,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Taylor Delz

Landmasters Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,721
$225,121
2025
$77,042
$148,079
$225,121
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,721
$225,121

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,000
100%
0%
$0/mo

City: Burnet

212 N River Oaks Dr | Property Details | No Agent List