1 / 2$1,400,000
7-Unit Multifamily in Burnet, TX
Burnet County, TX · listed Jul 8, 2026 (112 days)
Price per unit compared
This property$200K
Within ~40 mi (71)$105K
Texas median (1,196)$92K
- $/unit
- $200,000
- ▲ 117% vs TX · 86th pct
- Cap rate
- 6.9%
- ▼ 0.5 pts vs TX median
- NOI
- $96K
- $13,738/unit/yr
- Units
- 7
- 2020
Financials
- Asking price
- $1,400,000
- Price per unit
- $200,000
- Price per sq ft
- $123
- Gross rent / year
- Not stated
- Net operating income
- $96,163
- NOI per unit
- $13,738
- Cap rate
- 6.9%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 7
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2020
- Building size
- 11,340 sq ft
- Avg unit size
- 1,620 sq ft
- Lot size
- 0.77 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 8, 2026
- Days on market
- 112 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1245
About this property
Highlights
- 7-unit townhome community built in 2020
- Located in Burnet, TX, approximately 55 miles northwest of Austin
- 11,340 rentable SF with average unit size of 1,620 SF
- Modern construction with Hardi board siding, pitched composite shingle roofs, PVC plumbing, and copper wiring
- 21 parking spaces including 7 garages and 14 surface spaces
- Individually metered electricity and water/sewer paid by residents
- Property Flyers
- Pecan & Boundary OM
- Public Transportation
- Airport
- Drive
- Walk
- Distance
- Robert Gray AAF
- 61 min
- -
- 47.2 mi
Highlights
- High quality residential properties located in desirable neighborhoods in Burnet, TX.
- Designed for strong rental appeal in a market with limited modern inventory, offering a turnkey investment opportunity in the growing Texas Hill Country region.
- Modern builds featuring premium finishes such as custom-built cabinets in contemporary tones, granite countertops, luxury vinyl plank flooring, stained concrete in main areas, and carpeted bedrooms.
- Equipped with stainless steel appliances and fixtures, full-sized washer/dryer connections, and private outdoor spaces like backyards or patios for grilling and relaxation.
- Sets a new standard for residential rentals, providing tenants with upscale living at competitive rates in an underserved market.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
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| Copperas Cove, TX Owner financing | $299K | $50K$50K | — |
 Killeen, TX▼ 3% cutValue-add | $445K | $74K$74K | 6.6% |
 Round Rock, TXNewNew construction | $1.85M | $370K$370K | — |