Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 County Road 138 Burnet, TX 78611

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $110,000

    Hair salon on corner lot with variance in Bonanza Beach.

    Lot size:
    0.35 Acres

    Property Features for 100 County Road 138

    General Information

    Lot size
    0.35 Acres

    Building Details

    Year built
    1975

    We can help!

    Listing Contact
    Sabrina Jordan
    Source: Elliman

    Listing Agent: Sabrina Jordan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Bonanza Beach Corner Lot Salon

    Located on a corner lot in Bonanza Beach, this property has been operated as a hair salon since 1979. The Bonanza Beach Property Owners Association has granted a special variance allowing the new owner to continue operating it as a hair salon. The property includes furniture and salon equipment. The property could be remodeled into a one-bedroom house or continue its use as a beauty salon. The approved commercial purpose for this property is a hair salon. According to the Property Owners Association rules, short-term rentals are not allowed, and rentals must be for a term of 90 days or longer. There is some oak wilt on the property.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Storage Facility Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burnet
    County
    Burnet
    State
    Texas
    Longitude
    -98.369988
    Latitude
    30.842681

    Nearby Similar for Sale

    • New
      $1,800,000
      5,768 SF

      Remodeled Commercial Property in Burnet, TX

      Meticulously remodeled commercial property with 14 offices in Burnet, Texas.
      205 S Pierce St, Burnet, TX 78611
      View Details
    • $399,900
      1,025 SF

      Modern Getaway on 5 Acres

      New two-bedroom home on five unrestricted acres near Burnet.
      1918 County Rd, Burnet, TX 78611
      View Details
    • $1,200,000
      4,597 SF

      Unrestricted Estate with Multiple Dwellings

      Unrestricted estate near Burnet, TX, featuring multiple dwellings and natural beauty.
      2076 Cr 108, Burnet, TX 78611
      View Details
    • $2,125,000
      2,608 SF

      Hill Country Estate with Unique Features

      15-acre estate with views, barn, stables, and flexible living.
      901 Crown Ln, Burnet, TX 78611
      View Details
    • $849,999
      2,909 SF

      Hill Country Retreat on 11 Acres

      Luxury 3-bedroom home on 11 acres near Burnet, TX.
      1953 County Road 250, Burnet, TX 78611
      View Details
    • $1,250,000
      4,712 SF

      Unrestricted Land with Hill Country Views

      40-acre property with two homes and barns near Burnet.
      3527 N Us Highway 281, Burnet, TX 78611
      View Details
    • $974,995
      12.00 Acres

      Spacious Farmhouse on 12 Acres

      Charming country living near Burnet and Lampasas, Texas.
      305 Cr 103, Burnet, TX 76550
      View Details
    • $1,499,999
      2,153 SF

      Hill Country Farmhouse on 50 Acres

      Charming farmhouse on almost 50 acres in Burnet, Texas.
      1283 Rattlesnake Trl, Burnet, TX 78611
      View Details
    • $1,400,000
      200 SF

      Lake Buchanan Waterfront Marina Opportunity

      Unique waterfront property on Lake Buchanan with marina and residential potential.
      325 Eagle Rest Ln, Burnet, TX 78611
      View Details
    • $1,270,000
      2,373 SF

      Custom Farmhouse on 10 Acres

      Custom-built farmhouse on 10 acres near Burnet, Texas.
      210 Levon Ln, Burnet, TX 78611
      View Details
    • $1,800,000
      5,768 SF

      Remodeled Commercial Property in Burnet, TX

      Meticulously remodeled commercial property in the heart of Burnet, Texas.
      205 S Pierce St, Burnet, TX 78611
      View Details
    • $749,000
      2,907 SF

      Lakeside Lodge Bed and Breakfast

      Vintage lakeside bed and breakfast in Burnet, Texas.
      201 Lakewood Dr, Burnet, TX 78611
      View Details

    FAQs

    What type of property is this?
    Retail space - Hair salon on corner lot with variance in Bonanza Beach.
    Where is this retail space located?
    The property is located at 100 County Road 138 Burnet, TX.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - Approved variance to operate as a hair salon.; - Includes furniture and salon equipment.; - Potential to remodel into a one-bedroom house.
    (512) 680-0375
    Request Owner's contact information
    100 County Road 138 Burnet, TX 78611
    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.
    100 County Road 138
    Burnet, TX 78611
    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
    100 County Road 138 Burnet, TX 78611
    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

    We can help!
    Listing Contact
    Sabrina Jordan
    Real Estate License ID: 0735785
    (512) 680-0375
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.