Flex Space with Double-Bay
For Sale
$350,000
201 W 9Th St, Burnet, TX 78611
COMMERCIAL - Burnet, TX
Property Size4,000 SF
Lot Size0.29 Acres
Price / SF$109.38
Days on Market8
Property Features for 201 W 9Th St
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
North Hwy 281 for 0.7 miles. Turn left onto 9th St. The property will be on your left.
Standard status
Active
APN
083503
Size
3,200 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
S7204 PALM VALLEY LOT 2
Legal Description
S7204 PALM VALLEY LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
meeting area
ADT security system
Building Details
Year built
2000
Flooring type
Vinyl, Concrete
Building materials
Steel Frame, Metal Siding
Roof type
Metal
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Kayla Runge · License #0733298
(512) 755-5880
Added: Jul 27
Changed: Aug 3
Last Checked: Aug 3 at 12:06PM
MLS# 178874
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 flex space is designed for contractor and service operations, with approximately 3,200 square feet of flexible workspace plus about 800 square feet of covered storage. The interior includes three climate-controlled offices, a meeting area, a restroom, and multiple secure storage areas. A double-bay shop with roll-up doors supports equipment and vehicle access, and the building includes LED lighting. The property is completely enclosed with perimeter fencing and a gated entrance for added security.
Recent improvements include a brand-new metal roof and office renovations completed in 2025. Security features include a comprehensive ADT security system with Ring cameras. Utilities include public water and public sewer, and the building is supported by electric heating with window and wall/window air conditioning.
Set on approximately 0.29 acres, the property is located just off Hwy 281, minutes from downtown Burnet, with quick access to Hwy 29 for travel throughout the Texas Hill Country.
Recent improvements include a brand-new metal roof and office renovations completed in 2025. Security features include a comprehensive ADT security system with Ring cameras. Utilities include public water and public sewer, and the building is supported by electric heating with window and wall/window air conditioning.
Set on approximately 0.29 acres, the property is located just off Hwy 281, minutes from downtown Burnet, with quick access to Hwy 29 for travel throughout the Texas Hill Country.
Key Highlights
- Approximately 3,200 SF flexible workspace plus about 800 SF covered storage
- Double‑bay shop with roll‑up doors and enclosed perimeter fencing with gated entrance
- Three climate‑controlled offices, meeting area, restroom, and multiple secure storage areas
Financial Insights For Industrial
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 | $47.6k | $14.88 |
| − Vacancy | −$5.2k | −$1.64 |
| EGI | $42.4k | $13.24 |
| − OpEx | −$12.7k | −$3.97 |
| NOI | $29.7k | $9.27 |
3,200 SF · lease $14.88/SF/yr · vacancy 11.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$423.8K
$370.8K – $494.4K
NOI $29,665 @ 7.0% cap · market cap 8.48%
Second Best
Flex RnD
$393.5K
$344.3K – $459.1K
NOI $27,546 @ 7.0% cap · market cap 7.87%
Theoretical Best
Hotel Hospitality
$2.41M
$2.11M – $2.81M
NOI $168,720 @ 7.0% cap · market cap 48.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Enclosed flex space with a double-bay shop, covered storage, and three climate-controlled offices with security system.
Where is this flex space located?
The property is located at 201 W 9Th St Burnet, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 3,200 SF flexible workspace plus about 800 SF covered storage; Double‑bay shop with roll‑up doors and enclosed perimeter fencing with gated entrance; Three climate‑controlled offices, meeting area, restroom, and multiple secure storage areas
