Flex Space with Double-Bay
For Sale
$350,000
201 W 9th Street, Burnet, TX 78611
COMMERCIAL - Burnet, TX
Property Size4,000 SF
Lot Size0.28 Acres
Price / SF$109.38
Days on Market8
Property Features for 201 W 9th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Carport, Open, Garage
Exterior features
Lighting
Subdivision
Palm Valley
Lot features
Corner Lot, City Lot, Level, Mature Trees, Quarter To Half Acre Lot
Elementary school
RJ Richy Elementary School
Middle school
Burnet Middle School
High school
Burnet High School
Elementary school district
Burnet Consolidated ISD
Middle school district
Burnet Consolidated ISD
High school district
Burnet Consolidated ISD
Directions
North Hwy 281 for 0.7 miles. Turn left onto 9th St. The property will be on your left.
Standard status
Active
APN
83503
Size
3,200 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
S7204 PALM VALLEY LOT 2
Tax Annual Amount
2920
Legal Description
S7204 PALM VALLEY LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Window Unit(s)
Water source
Public
Amenities
meeting area
security system
Building Details
Year built
2000
Floors in Building
1
Flooring type
Vinyl, Concrete
Building materials
MetalFrame, MetalSiding, SteelFrame
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# 619684
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.
Investment Insights
Based on property information with market context.
Turnkey flex space designed for contractors and service-based businesses, offering approximately 4,000 square feet of versatile, move-in-ready space. The layout includes approximately 3,200 square feet of flexible workspace plus 800 square feet of covered storage. Inside, there are three climate-controlled offices, a meeting area, a restroom, and multiple secure storage areas. The property features a double-bay shop with roll-up doors, LED lighting, and a fully enclosed setup with perimeter fencing and a gated entrance for enhanced secured storage of equipment, vehicles, and materials.
The building is located just off Hwy 281 and minutes from downtown Burnet, with quick access to Hwy 29 for travel throughout the Texas Hill Country. Construction includes metal frame and metal/steel siding, a metal roof, and concrete and vinyl flooring. Utilities include public water and public sewer.
Recent improvements include a brand-new roof and office renovations completed in 2025. Security is supported by a comprehensive ADT secure system with Ring cameras.
The building is located just off Hwy 281 and minutes from downtown Burnet, with quick access to Hwy 29 for travel throughout the Texas Hill Country. Construction includes metal frame and metal/steel siding, a metal roof, and concrete and vinyl flooring. Utilities include public water and public sewer.
Recent improvements include a brand-new roof and office renovations completed in 2025. Security is supported by a comprehensive ADT secure system with Ring cameras.
Key Highlights
- Approximately 4,000 SF flex space with 3,200 SF flexible workspace and 800 SF covered storage
- Double‑bay shop with roll‑up doors plus multiple secure storage areas
- Three climate‑controlled offices, meeting area, and restroom
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
Warehouse
$514.6K
$450.3K – $600.4K
NOI $36,022 @ 7.0% cap · market cap 10.29%
Second Best
Industrial
$423.8K
$370.8K – $494.4K
NOI $29,665 @ 7.0% cap · market cap 8.48%
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
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road 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
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Frequently Asked Questions
What type of property is this?
Flex space - Turnkey flex space with climate-controlled offices, a double-bay shop with roll-up doors, and enclosed secured storage.
Where is this flex space located?
The property is located at 201 W 9th Street 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 4,000 SF flex space with 3,200 SF flexible workspace and 800 SF covered storage; Double‑bay shop with roll‑up doors plus multiple secure storage areas; Three climate‑controlled offices, meeting area, and restroom
