110 Lakewood DR, Burnet, TX 78611 - MLS#7573714 - Ryan Dowell

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Ryan Dowell

ryan@realestatemack.com +1(714) 348-4712

$350,000

Est. payment - /mo

5 Beds

2 Baths

1,752 SqFt

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UPDATED:

09/14/2024 08:03 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,752 sqft

Price per Sqft $199

Subdivision South Silver Creek

MLS Listing ID 7573714

Bedrooms 5

Full Baths 2

Originating Board actris

Year Built 1970

Tax Year 2021

Lot Size 0.372 Acres

Property Description

Welcome to 110 Lakewood in Burnet, Texas—an inviting 5-bedroom, 2-bath home nestled in the heart of the scenic Highland Lakes region. This property is a perfect income-producing opportunity, currently generating around $3k-$4k monthly, or an ideal forever home for someone looking to settle down in a serene environment. This charming residence offers space and comfort, featuring both a cozy living room and a family room, perfect for relaxing or entertaining. The living room boasts a wood-burning fireplace, adding warmth and character, making it the ideal spot to gather during cooler evenings with family and friends. The home includes a dining room, providing a lovely space for family meals and special occasions, making every meal feel warm. In addition to the main house, the property includes a 2-bedroom Barndo with a garage on the bottom level, offering even more potential. The Barndo is already wired and ready for a quick conversion into an Airbnb, requiring minimal additional investment. With $80,000 already poured into it, this property presents an incredible deal for those looking for something turnkey ready. Sold fully equipped and ready to go, it’s perfect for anyone seeking a transition into property ownership or a lucrative rental business. The Barndo also offers flexibility, whether you choose to use it as additional guest accommodations, a home office, or even a creative studio space—the possibilities are endless. Situated just a stone’s throw from the shores of Buchanan Lake, this home’s prime location offers endless opportunities for outdoor activities, including fishing, boating, and enjoying stunning lake views. The nearby lake access makes it easy to embark on water adventures, while the surrounding beauty provides a picturesque backdrop for daily living. With breathtaking surroundings and modern amenities, don’t miss out on this rare find—whether as a peaceful retreat, a family home, or an investment property, this gem won't last!

Location

State TX

County Burnet

Rooms

Main Level Bedrooms 5

Interior

Interior Features Electric Dryer Hookup, High Speed Internet, Multiple Living Areas, Primary Bedroom on Main, Storage, Washer Hookup, See Remarks

Heating Central

Cooling Central Air, Electric

Flooring Vinyl

Fireplaces Number 1

Fireplaces Type Raised Hearth, Wood Burning

Fireplace Y

Appliance Dishwasher, Gas Range, Water Heater

Exterior

Exterior Feature Exterior Steps

Garage Spaces 1.0

Fence Partial

Pool None

Community Features None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront No

Waterfront Description See Remarks

View Lake, Neighborhood

Roof Type Metal

Accessibility None

Porch Covered, Front Porch, Rear Porch

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Front Yard, Level, Views

Faces Southeast

Foundation Slab

Sewer Septic Tank

Water Public, Well

Level or Stories One

Structure Type Masonry – Partial

New Construction No

Schools

Elementary Schools Shady Grove

Middle Schools Burnet (Burnet Isd)

High Schools Burnet

School District Burnet Isd

Others

Restrictions See Remarks

Ownership Fee-Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Tax Rate 1.556

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by eXp Realty, LLC

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Ryan Dowell

+1(714) 348-4712

Agent | License ID: 795788

Agent License ID: 795788