Sitting on a 0.26-acre lot just off Hwy 281 and one street over from Burnet’s Main Street, this 880 sq. ft. home offers endless potential. Its solid structure, renovation potential, and prime in-town location make it a great opportunity for investors, flippers, or anyone looking to create a short-term rental or personal residence. Within Burnet city limits and close to everything downtown has to offer, this property is ready for vision and renovation. Buyer to verify City of Burnet zoning.
Closed
Price Unknown
1504 N Water St, Burnet, TX 78611
2beds
880sqft
Single Family Residence
Built in 1951
0.26 Acres Lot
$116,900 Zestimate®
$--/sqft
$1,180 Estimated rent
Home value
$116,900
$101,000 - $137,000
$1,180/mo
Zestimate® history
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Solid structureRenovation potential
Zillow last checked:
Listing updated:
Listed by:
Tricia Keith (512)448-4111,
Keller Williams Realty
Bought with:
NON-MEMBER AGENT TEAM, TREC #null
Non Member Office
, TREC #null
Source: Central Texas MLS,MLS#: 595517
Originating MLS: Four Rivers Association of REALTORS
Originating MLS: Four Rivers Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
Heating
- Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Range Hood
- Laundry: Other, See Remarks
Features
- Ceiling Fan(s), Living/Dining Room, See Remarks, Shower Only, Separate Shower, Kitchen/Dining Combo
- Flooring: Concrete, Carpet Free
- Attic: Other,See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 880 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Pool features: None
- Fencing: Chain Link,Partial,Privacy
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 33528
Construction
Type & style
- Home type: SingleFamily
- Architectural style: None
- Property subtype: Single Family Residence
Materials
- Masonry
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
Location
- Region: Burnet
Financial & listing details
- Tax assessed value: $106,343
- Date on market: 10/16/2025
- Cumulative days on market: 25 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | -- |
Source:  Central Texas MLS #595517 Report a problem | ||
| 11/10/2025 | Pending sale | $135,000$153/sqft |
Source:  Unlock MLS #9176991 Report a problem | ||
| 10/17/2025 | Contingent | $135,000$153/sqft |
Source: Central Texas MLS #595517 Report a problem | ||
| 10/3/2025 | Listed for sale | $135,000$153/sqft |
Source: Unlock MLS #9176991 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $106,343 -18.3% |
| 2024 | $2,400 -0.1% | $130,117 |
| 2023 | $2,403 +20.1% | $130,117 +33.6% |
| 2022 | $2,001 +5.9% | $97,362 +8.1% |
| 2021 | $1,889 | $90,085 +31.6% |
| 2020 | -- | $68,460 +41.6% |
| 2019 | $1,071 | $48,346 +43.4% |
| 2017 | -- | $33,711 +9.6% |
| 2016 | -- | $30,757 |
| 2015 | -- | $30,757 |
| 2014 | -- | $30,757 |
| 2012 | -- | $30,757 |
| 2011 | -- | $30,757 +3.2% |
| 2010 | -- | $29,814 |
| 2009 | -- | $29,814 |
| 2008 | -- | $29,814 |
| 2007 | -- | $29,814 |
Find assessor info on the county website
Neighborhood: 78611
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Nearby schools
GreatSchools rating
- 4/10Rj Richey Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 5/10Burnet Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Burnet High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: RJ Richy Elementary School
- Middle: Burnet Middle School
- High: Burnet High School
- District: Burnet Consolidated ISD
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Burnet County
- Burnet
- 78611
- 1504 N Water St
Nearby cities
Nearby zip codes
Other Burnet Topics
