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9277 W State Highway 29, Burnet, TX, 78611

$7,950,000

200.00 Acres
$1/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontWaterfront, Pond
ViewWater
MLS #1824578
Lot Size200.00 Acres
StatusActive
(New)

About 9277 W State Highway 29

PRICED FOR QUICK SALE, a unique opportunity to acquire a desirable 200-acre luxury residential development tract, directly across from Inks Lake, at 9277 W. State Hwy 29, Burnet, TX 78611. The property has a gentle sloping topography towards Inks Lake, providing stunning views of the water and the surrounding area. Breathtaking views of Inks Lake and Lake Buchanan. With 3 TxDot approved commercial Driveway Permits from SH 29 and over 3,300 feet of frontage the property has great access to accommodate a residential development. Across from the popular Inks Lake State Park, and only minutes from the fast growing markets of Marble Falls, Horseshoe Bay, Spicewood, Burnet and less than an hour from Austin. Numerous developments in the area offer mainly starter homes, creating a market niche for luxury home development. The rare combination of water views, ideal topography and location, provides a great opportunity for both developers and land speculators.

Property Details

Property Features

Property Information:

  • Living Area: 8,712,000 SqFt

Listing Office:

  • Office Name: My Castle Realty
  • Office Phone: (713) 683-0054
  • Listing Agent: Gary Bisha

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Pond
  • View: Water

Virtual/3D Tour

  • Virtual Tour: 9277 W State Highway 29
Virtual Tour

Lot Features

Lot Information:

  • Lot: Views, Rolling/Hilly, Sloped
  • Lot Size: 200.00 Acres

Other

Directions Information:

  • Directions: From Marble Falls - Hwy 29 heading West. Property just before Park RD 4.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,950,000
  • Price Per SqFt: $1/SqFt
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Housing Market Comparison

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

Med. Sold Price

$359.9K

Med. Price/SqFt

$225

Avg. Days On Market

83

# of Sold Homes

11

9277 W State Highway 29 vs Burnet

1 DAY ON ROCKET

-82 Days

$7,950,000

+$7.5M More

$1/SqFt

-$225 Less

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price and $225/SqFt less than other homes in Burnet, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1824578

Listing Office:

  • Office Name: My Castle Realty
  • Office Phone: (713) 683-0054
  • Listing Agent: Gary Bisha

IDXDisclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.

The information on this web site 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. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
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: 11/21/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$39.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.9K

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NMLS#3030

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-159489
4
/10
  • Packsaddle Elementary School

  • 150 Pioneer Ln

  • 8.17 miles

  • Public District Grades PK-5

school-card-donut-159490
2
/10
  • R. J. Richey Elementary School

  • 500 E Graves St

  • 9.06 miles

  • Public District Grades 3-5

school-card-donut-159491
3
/10
  • Highland Lakes Elementary School

  • 8200 W FM 1431

  • 10.18 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,370. Residents of Burnet, TX typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9277 W State Highway 29

What is the listing price of this property?

The listing price of 9277 W State Highway 29 property is $7,950,000.

What type of property is this?

The property 9277 W State Highway 29 is land located in Burnet, Texas, 78611.

Is this property for sale now?

Active Listing: 9277 W State Highway 29 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 9277 W State Highway 29 is 200.00 acres.
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Rocket HomesTexasBurnet CountyBurnet786119277 W State Highway 29

This home is located at 9277 W State Highway 29 in Burnet, TX and zip code 78611 in the Clear Creek neighborhood. This 8,712,000 square foot home sits on a 200.00 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $7,950,000.

While more than 0 listings in Burnet, TX in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. The number of listings in Burnet, TX increased by 18.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 83 days, the median list price was $359,950.

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

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