ActiveResidential · sale

235 Chestnut

Burnet, TX 78611

$1,950,000

  • 4 beds
  • 5 baths
  • 3,864 sq ft
  • 18.43 acres
  • Built 2021

Listed by Shipley Ranches · MLS #ACT6661025

A FEW THINGS TO NOTICE

What stands out.

Living spaces

A grand living room anchored by a striking stone fireplace opens to walls of glass framing Hill Country sunsets.

Details worth a look

Outdoor living shines on the expansive covered patio, perfect for alfresco dining, relaxing, and entertaining against a backdrop of unforgettable sunsets.

Year built

Built in 2021.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Set on 18.43 acres in the heart of the Texas Hill Country, this exceptional custom estate captures sweeping lake and hilltop views from nearly every room. Thoughtfully designed for refined living and effortless entertaining, the residence offers four private bedroom suites plus a powder bath, blending luxury, privacy, and comfort.
The owner’s suite is a serene retreat with panoramic countryside and lake vistas, complemented by a spa-inspired bath featuring a jetted soaking tub, dual quartz vanities, marble walk-in shower, and a custom walk-in closet.
A grand living room anchored by a striking stone fireplace opens to walls of glass framing Hill Country sunsets. The formal dining room is ideal for elegant gatherings, while the sunroom provides a tranquil setting for morning coffee overlooking the lake.
The gourmet kitchen is appointed with custom cabinetry, premium stainless appliances, double ovens, a 5-burner gas range, two pantries, and a generous granite island. A light-filled breakfast area enjoys scenic water views.
Outdoor living shines on the expansive covered patio, perfect for alfresco dining, relaxing, and entertaining against a backdrop of unforgettable sunsets.
Additional features include a mudroom with custom cubbies, a well-equipped laundry room with granite counters and utility sink, a three-car garage, and a dedicated storage cabin.
Located within Wolf Creek Ranch, residents enjoy exclusive amenities including horse stables, riding arena, helipad, private trails, and lake access.
A rare opportunity to own a private Hill Country sanctuary where natural beauty meets modern luxury—schedule your private showing today.
***Additional 15.69 acres available for purchase***

THE NEIGHBORHOOD

Explore the location.

235 Chestnut, Burnet, TX 78611

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2021
Full baths
4
Half baths
1
Garage spaces
3
Cooling
Central Air
Heating
Central
Appliances
Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, RNGHD, Electric Water Heater, Water Softener Owned
Flooring
Carpet, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Wolf Creek Ranch
Parcel
65622
HOA
Wolf Creek Ranch Owners' Association
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
RJ Richey
Middle school
Burnet (Burnet ISD)
High school
Burnet
Annual property tax
$12,230.40
HOA fee
$2,700.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$4,627.88
Estimated monthly rent$8,125.00
Cap rate3.10%

Annual operating income: $60,409.60

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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235 Chestnut, Burnet, TX 78611 · MLS #ACT6661025

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Listing information

MLS #ACT6661025 · Austin Board of Realtors

Listing brokerage: Shipley Ranches
Listing agent: Jim Banks

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.