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Duplex on Acreage
New
For Sale
$215,000

112 Promise Lane, Burnet, TX 78611

The property combines an existing duplex structure with a substantial land component in Burnet County.

Property Size3,084 SF
Lot Size0.89 Acres
Price / SF$69.71
Days on Market5

Property Features for 112 Promise Lane

General Information

Standard status Active
Size 3,084 SF
Lot size 0.89 Acres
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,499
Listing Agency: Keller Williams Realty Lone St
Listed By: Natasha Collins
Source: Exprealty
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Lone St

Investment Insights

Based on property information with market context.

An existing duplex building offers two residential units across 3,084 square feet. The structure may suit continued residential use or renovation, subject to applicable requirements.

The property encompasses approximately 0.89 acres in Burnet County, pairing the existing residential building with a sizeable parcel. Address: 112 Promise Lane, Burnet, TX 78611.

Key Highlights

  • Duplex building with 3,084 square feet
  • Approximately 0.89 acres in Burnet County
  • Located at 112 Promise Lane, Burnet, TX 78611

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Real Estate Agency Hotel & Motel Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 78611, TX

14,839
Population
7,417
Households
2
Avg Household Size
47
Median Age
28%
College-Educated
91%
High-School Grad
274.1 sq mi
ZIP Area
54
Density / Sq Mi
$78,243
Median Household Income
$40,062
Median Earnings
$1,111
Median Rent
$291,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The property combines an existing duplex structure with a substantial land component in Burnet County.
Where is this duplex located?
The property is located at 112 Promise Lane Burnet, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex building with 3,084 square feet; Approximately 0.89 acres in Burnet County; Located at 112 Promise Lane, Burnet, TX 78611
More about this property
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