4 months on rocket

110 Lakewood Dr, Burnet, TX, 78611

$350,000

Home List Price

$4,156*

Closing Credit

5 Bedrooms
2 Full Baths
1,752 SqFt
$200/SqFt
House

Location

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110 Lakewood Dr, Burnet$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Parking Pad, See Remarks
Garage1 space
Year Built1970
HeatingCentral
CoolingCentral Air, Electric
WaterfrontSee Remarks
FireplaceRaised Hearth, Wood Burning
ViewLake, Neighborhood
MLS #7573714
Lot Size0.37 Acres
StatusActive

About 110 Lakewood Dr

Welcome to 110 Lakewood in Burnet, Texas—an inviting 5-bedroom, 2-bath home nestled in the heart of the scenic Highland Lakes region. This property is a perfect income-producing opportunity, currently generating around $3k-$4k monthly, or an ideal forever home for someone looking to settle down in a serene environment. This charming residence offers space and comfort, featuring both a cozy living room and a family room, perfect for relaxing or entertaining. The living room boasts a wood-burning fireplace, adding warmth and character, making it the ideal spot to gather during cooler evenings with family and friends. The home includes a dining room, providing a lovely space for family meals and special occasions, making every meal feel warm. In addition to the main house, the property includes a 2-bedroom Barndo with a garage on the bottom level, offering even more potential. The Barndo is already wired and ready for a quick conversion into an Airbnb, requiring minimal additional investment. With $80,000 already poured into it, this property presents an incredible deal for those looking for something turnkey ready. Sold fully equipped and ready to go, it’s perfect for anyone seeking a transition into property ownership or a lucrative rental business. The Barndo also offers flexibility, whether you choose to use it as additional guest accommodations, a home office, or even a creative studio space—the possibilities are endless. Situated just a stone’s throw from the shores of Buchanan Lake, this home’s prime location offers endless opportunities for outdoor activities, including fishing, boating, and enjoying stunning lake views. The nearby lake access makes it easy to embark on water adventures, while the surrounding beauty provides a picturesque backdrop for daily living. With breathtaking surroundings and modern amenities, don’t miss out on this rare find—whether as a peaceful retreat, a family home, or an investment property, this gem won't last!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 1,752 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (737) 888-4070
  • Listing Agent: Melanie Suber

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Flooring Type: Vinyl
  • Interior: High Speed Internet, Multiple Living Areas, Main Level Primary, See Remarks, Storage
  • Fireplace: Raised Hearth, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: See Remarks
  • View: Lake, Neighborhood
  • Exterior: Exterior Steps

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached, Parking Pad, See Remarks

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Level, Views
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Burnet, follow 29 W about 3 miles to Ranch Road 2341 and turn right. Follow 2341 for about 11 miles and turn left onto Lakewood Dr.Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $2,268
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burnet, TX.

Med. Sold Price

$365K

Med. Price/SqFt

$226

Avg. Days On Market

78

# of Sold Homes

14

110 Lakewood Dr vs Burnet

121 DAYS ON ROCKET

+43 Days

$350,000

-$15K Less

$200/SqFt

-$26 Less

KEY TAKEAWAY

This property is $15K less than the Median Sold Price and $26/SqFt less than other homes in Burnet, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #7573714

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (737) 888-4070
  • Listing Agent: Melanie Suber

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,268$138,464
2019$2,321$138,464
2018$2,422$138,798
2017$1,936$108,990

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-850220
2
/10
  • R. J. Richey Elementary School

  • 500 E Graves St

  • 11.24 miles

  • Public District Grades 3-5

school-card-donut-850221
4
/10
  • Packsaddle Elementary School

  • 150 Pioneer Ln

  • 13.94 miles

  • Public District Grades PK-5

school-card-donut-850222
3
/10
  • Highland Lakes Elementary School

  • 8200 W FM 1431

  • 16.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,977. Residents of Burnet, TX typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 110 Lakewood Dr

What is the listing price of this property?

The listing price of 110 Lakewood Dr property is $350,000.

What type of property is this?

The property 110 Lakewood Dr is a house located in Burnet, Texas, 78611.

Is this property for sale now?

Active Listing: 110 Lakewood Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,268 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 110 Lakewood Dr has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 110 Lakewood Dr is 1,752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 110 Lakewood Dr is 1970.

Rocket HomesTexasBurnet CountyBurnet78611110 Lakewood Dr

This home is located at 110 Lakewood Dr in Burnet, TX and zip code 78611. This 1,752 square foot home, which was built in 1970, sits on a 0.37 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $350,000.

In November 2024, from all listings sold in Burnet, TX there were more than 2 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. The number of listings in Burnet, TX increased by 6.2% between October 2024 and November 2024. Listings spent 78 days on the market in November 2024, and had a median list price of $365,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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