ActiveResidential · sale

618 Hill St

Burnet, TX 78611

$300,000

  • 2 beds
  • 2 baths
  • 1,608 sq ft
  • 0.13 acres
  • Built 2021

Listed by Pure Realty · MLS #ACT4699021

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PROPERTY QUESTIONS & SHOWINGS

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618 Hill St, Burnet, TX 78611 · MLS #ACT4699021

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

A 400 square foot treated wood deck will let you enjoy the views of Spider Mountain and the hill country.

Year built

Built in 2021.

Garage parking

1 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Sweet newer home in lake community! This neighborhood also has a community park with picnic area and boat launch and allows for short term rentals. Right next to the Spider Mountain Bike Park and within 20 minutes drive of Valley of the Eagles and Burnet County Park as well as Reveille Bike Park, just to mention a few area attractions. This 2 bedroom, 2 bath home utilizes a clever reverse floor plan to optimize the great hill county and partial lake views. The second story main area has vaulted ceilings and recessed lights giving the living, dining and kitchen areas an open and airy feeling. The large windows maximize light and allow for views from all parts of the room. The sliding glass doors have built-in blinds installed for your convenience. The kitchen comes equipped with stainless steel appliances, granite countertops, a generous pantry and a breakfast bar. The upstairs full bath has a built-in shelf that ingeniously pulls out to access the 40 gallon Rheem water heater. A 400 square foot treated wood deck will let you enjoy the views of Spider Mountain and the hill country. Downstairs you will find a second living area with ample under stair storage space. There is another full bath on the lower floor that includes the washing machine and dryer hookups and storage cabinetry. This home is on septic and has its own well. The single car garage has an additions 288 square foot bonus room (with mini-split) above that is just waiting for you to turn into your own personal space.

THE NEIGHBORHOOD

Explore the location.

618 Hill St, 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
2
Half baths
0
Garage spaces
1
Cooling
Central Air, Electric, Multi Units
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Refrigerator, Electric Water Heater
Flooring
Tile, Vinyl
Fencing
Partial, Wood
Accessibility
None
Pool features
None
Subdivision
Council Creek
Parcel
10853
HOA
Council Creek Village
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Shady Grove
Middle school
Burnet (Burnet ISD)
High school
Burnet
Annual property tax
$4,015.43
HOA fee
$100.00

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$562.05
Estimated monthly rent$1,250.00
Cap rate2.50%

Annual operating income: $7,494.61

HOA: Includes $8.33 per month in HOA dues, converted from the $100.00 annual fee reported by the listing source.

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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

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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
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Listing information

MLS #ACT4699021 · Austin Board of Realtors

Listing brokerage: Pure Realty
Listing agent: Hope Wells

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