ActiveResidential · sale

916 Apache

Burnet, TX 78611

$145,000

  • 2 beds
  • 1 baths
  • 920 sq ft
  • 0.23 acres
  • Built 1991

Listed by eXp Realty, LLC · MLS #ACT1918766

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Outside is where this one wins: two platted 50x100 lots convey together for roughly a quarter acre, plus two carports, a 12x12 workshop, a 6x10 storage building, a separate laundry building, and a 12x12 covered patio linking the house to the workshop.

Year built

Built in 1991.

Property size

0.23 acres listed.

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

THE PROPERTY

Get to know the property.

Nearly turnkey getaway in Sherwood Shores, move-in ready and priced for the buyer who wants a place with lake access without a
lake-price mortgage. The 1-bedroom, 1-bath cottage lives larger than its 920 square feet thanks to an upstairs loft that works as a
second sleeping space, office, or bunk area. Fresh paint, newer lighting, and a metal roof. Electrical service and pole were
replaced approximately five years ago. Window A/C units and electric heat. Water well and septic, so no city water bill, and no
mandatory POA. Outside is where this one wins: two platted 50x100 lots convey together for roughly a quarter acre, plus two
carports, a 12x12 workshop, a 6x10 storage building, a separate laundry building, and a 12x12 covered patio linking the house to
the workshop. The grounds have been cleaned up and cleared, and that covered patio is a natural spot to add finished space later.
Room for lake gear, tools, trailers, and projects. Best part is, it comes furnished, list available. Bring a bag and start using it this
weekend. Taxes ran under $1,000 last year, which keeps the carrying cost low whether this is a weekender, a full-time home, or a
rental hold. Quiet side of the lake, with Marble Falls an easy drive away. Cash and conventional welcome. Buyer to verify square
footage, lot lines, restrictions, and any rental use.

THE NEIGHBORHOOD

Explore the location.

916 Apache, Burnet, TX 78611

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1991
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Wall/Window Unit(s)
Heating
Space Heater
Appliances
Electric Range, Refrigerator
Flooring
Laminate
Fencing
Chain Link, Perimeter
Accessibility
Accessible Entrance
Pool features
None
Subdivision
Sherwood Shores Iii
Parcel
39286
HOA
Sherwood Shore III
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Burnet
Middle school
Burnet (Burnet ISD)
High school
Burnet
Annual property tax
$1,200.05
HOA fee
$50.00

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$342.62
Estimated monthly rent$604.17
Cap rate3.09%

Annual operating income: $4,473.94

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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916 Apache, Burnet, TX 78611 · MLS #ACT1918766

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Listing information

MLS #ACT1918766 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Katie Simon

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