Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Whitewater Community Title is generated by Realmo AI

    11288 S FM 1174, Burnet, TX 78605

    View on Map
    Claim this Listing
    For Sale
    $274,950

    LAND - Burnet, TX

    Lot size:
    3.70 Acres
    Added:
    Oct 11, 2024
    Days on Market:
    604
    Last Refresh:
    Jun 6 at 1:06 am

    Property Features for 11288 S FM 1174

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    64920
    Lot size
    3.70 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    S8530 WHITEWATER SPRINGS LOT 304 SEC 3

    We can help!

    Listing Contact
    Kody Hall

    Listing agent Kody Hall License #0730494

    Listing office Austin Real Estate 3102 Bee Caves Rd # 102, TX

    Listing date Oct 11, 2024

    MLS# 559208 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Unobstructed views of Balcones Canyonlands National Wildlife Refuge.
    • Expansive 3.7‑acre lot for your custom estate development.
    • Located in the serene Whitewater community.
    • Water meter already installed.
    • Culvert inspected and approved by TXDOT.
    • Proximity to urban amenities while offering a rural lifestyle.

    Overview

    Located within the Whitewater community, this 3.7-acre lot at 11288 S FM 1174 in Burnet, TX, offers unobstructed views of the Balcones Canyonlands National Wildlife Refuge. A water meter has been installed, and a culvert inspected by TXDOT is also present. The property provides ample room for creating a residence that integrates seamlessly with the landscape. Panoramic views capture the peaceful charm of rural life while still benefiting from the convenience of nearby urban amenities. This property offers an unparalleled opportunity to embrace the essence of Hill Country living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Burnet
    County
    Burnet
    State
    Texas
    Longitude
    -98.1105
    Latitude
    30.852602

    Nearby Similar for Sale

    • $719,000
      3,202 SF

      Duplex with Dedicated Driveways

      Two identical 3-bedroom, 2.5-bath units each with a dedicated driveway make this duplex a straightforward income property.
      1010 E Marble Street, Burnet, TX 78611
      View Details
    • $279,800
      1,380 SF

      Burnet Commercial Property For Sale

      Prime commercial property near Burnet County Historical Square.
      308 S Main Street, Burnet, TX 78611
      View Details
    • $385,000
      4,000 SF

      Turnkey Commercial Space in Burnet

      Versatile commercial space ideal for contractors and service-based businesses.
      201 W NINTH, Burnet, TX 78611
      View Details
    • $595,000
      2,400 SF

      Burnet Commercial Building on Corner

      High-visibility commercial building on corner lot near town square.
      109 W Jackson, Burnet, TX 78611
      View Details
    • $1,300,000
      1,243 SF

      Prime Commercial Land Opportunity

      2.3 acres on Highway 281, Burnet, TX.
      3100 & 3210 S HWY 281, Burnet, TX 78611
      View Details
    • $485,000

      Unrestricted Land with Lake Views

      Secluded 8-acre property near Lake Buchanan with commercial potential.
      Ranch Road 2341, Burnet, TX 78611
      View Details
    • $625,000

      Waterfront Lake Buchanan Land Parcel

      Waterfront land with multiple homesites, mature oaks, and seasonal creek features along Lake Buchanan.
      4215 E Sunset Cliff Road, Burnet, TX 78611
      View Details
    • $625,000

      Waterfront Land with Lake Buchanan Access

      Waterfront land on Lake Buchanan with multiple homesites, mature oaks, and approximately 90 feet of frontage.
      4215 Sunset Cliff Road, Burnet, TX 78611
      View Details
    • $1,300,000

      Prime Commercial Land on Highway

      2.3 acres on Highway 281, Burnet, TX. Commercial zoning.
      3100 & 3210 S HWY 281, Burnet, TX 78611
      View Details
    • $450,000
      520 SF

      Burnet, TX Hill Country Land

      4-acre property with utilities, cabin, and concrete pad.
      Dog Run, Burnet, TX 78611
      View Details
    • $630,000

      Burnet, TX Land Opportunity

      24-acre property near Burnet, TX with road frontage.
      FM 2340, Burnet, TX 78611
      View Details
    • $495,800

      Burnet Office Building on Highway

      Income-producing office building with high visibility and traffic flow.
      700 E Polk St, Burnet, TX 78611
      View Details

    FAQs

    What type of property is this?
    Land - 3.7 acre lot with water meter in Burnet, TX
    Where is this land located?
    The property is located at 11288 S FM 1174 Burnet, TX.
    What is the asking price?
    The asking price for this property is $274,950.
    What are key features of this property?
    This property features: Unobstructed views of Balcones Canyonlands National Wildlife Refuge.; Expansive 3.7‑acre lot for your custom estate development.; Located in the serene Whitewater community.
    (512) 705-4979
    We can help!
    Listing Contact
    Kody Hall
    Real Estate License ID: 0730494
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11288 S FM 1174, Burnet, TX 78605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!