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1010 E Marble Street, Burnet, TX, 78611
Residential Duplex Investment

1010 E Marble Street Burnet, TX 78611

For Sale
$355,000

MULTI_FAMILY - Burnet, TX

Property Size1,601 SF
Lot Size0.11 Acres
Price / SF$221.74
Days on Market159

Property Features for 1010 E Marble Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Appliances Commercial Stove, Dishwasher, Disposal, Microwave, Electric Range, Washer Hookup
Standard status Active
APN 011967
Size 1,601 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description S5550 JOHNSON ADDITION LOT 8 BLK 17 0.0000

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Number of units 1
Flooring type Tile, Carpet, Concrete
Building materials Wood Siding, Metal
Roof type Composition
Listing Agency: ListingSpark
Listed By: Aaron Jistel · License #0548216
Added: Feb 19 Changed: Jul 20 Last Checked: Jul 28 at 12:06PM
MLS# 176559

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This listing is for a duplex unit with a 1,601-square-foot residence featuring three bedrooms and 2.5 baths. The property includes a dedicated driveway.

The duplex is located in Burnet, Texas, in a residential setting described as peaceful, with proximity to amenities and the town center.

According to the remarks, the seller may consider purchasing both A and B units together. Please inquire for details on availability and terms.

Key Highlights

  • 1,601‑SF residence with 3 bedrooms and 2.5 baths
  • Dedicated driveway
  • Under construction with Year built 2026

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.0k $15.00
− Vacancy −$1.5k −$0.93
EGI $22.5k $14.07
− OpEx −$6.8k −$4.22
NOI $15.8k $9.85
1,601 SF · lease $15.00/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$225.3K
$197.2K – $262.9K (±1% cap)
NOI $15,773 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$207.5K
$181.5K – $242.1K (±1% cap)
NOI $14,523 @ 7.0% cap · market cap 4.09%
Theoretical Best
Hotel Hospitality
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,413 @ 7.0% cap · market cap 23.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Furniture & Home Goods HVAC Service Garden Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex unit offers 3 bedrooms, 2.5 baths, and a dedicated driveway within a residential income property.
Where is this duplex located?
The property is located at 1010 E Marble Street Burnet, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 1,601‑SF residence with 3 bedrooms and 2.5 baths; Dedicated driveway; Under construction with Year built 2026
More about this property
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