Listing Presented by M.Watkins RealEstateGroup,LLC (512) 887-3282
Listing Presented By:M. Watkins Real Estate Group
Office Phone:(512) 887-3282
Toll Free:(281) 770-3845
MLS#: 489688 $1,900,000 2021 County Road 112 Burnet TX 78611
Description: A great investment property just north of Burnet. Income of $5800 mo! 12.0 acres ag exempt with 6 mobile homes rented. Owner hasn't increased rent lately and believes you can raise 10-15%. Occupied units may be viewed as tenants allow or while under option period. Three water wells provide water to homes, one with new pump in it. All units have separate addresses to allow easy resale of each, if desired. Addresses included in this listing are 2049, 2037, 2043, 2011, 2017 and 2047 CR 112, Burnet Tx. Cattle on the property are negotiable, all minerals owned convey. All units have HVACs. There were new roofs as of July 2021. Tornado shelter hold 20. new decks on all units in 2020. Only restriction is no commercial hog production, per owner. A great ROI while appreciating in value. Easily move trailers to develop property.
Directions: From intersection of Hwys 281/29 go north .68 miles to Hwy 963. turn rt, east, on 963 for 2.5 miles to CR 112. Turn lf on 112 for 1.2 miles, property on left, no sign.
Burnet Consolidated ISD
Propane Tank - Owned
Above Ground Utilities;Electricity Available;Propane;
Private;See Remarks;Shared Well;Well;