Private Office
For Sale
Contact for pricing
205 S Pierce Street #11, Burnet, TX 78611
A remodeled office suite includes shared meeting, restroom, and kitchenette facilities.
Property Size3,888 SF
Price / SF$0.23
Days on Market33
Property Features for 205 S Pierce Street #11
General Information
Standard status
Active
Size
3,888 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
conference room
restrooms
kitchenette/break room
keyless entry
Building Details
Year Built
1940
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Kayla Runge · License #0733298
(512) 755-5880
Source:
Hoydenhomes
Added: Sep 30
Changed: Nov 1
Last Checked: Oct 31 at 8:58PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This remodeled office suite measures approximately 266 sq ft within a 3,888-square-foot building constructed in 1940. Shared facilities include a conference room, restrooms, and a kitchenette or break area. Keyless entry supports tenant access at any time; public entry is limited to regular business hours. Building expenses are included in the rental rate.
The office is on Burnet’s Historic Square at 205 S Pierce Street in downtown Burnet. Availability is scheduled for February 1, 2027.
The office is on Burnet’s Historic Square at 205 S Pierce Street in downtown Burnet. Availability is scheduled for February 1, 2027.
Key Highlights
- Approximately 266 sq ft of office space
- Scheduled availability: February 1, 2027
- Shared conference room, restrooms, and kitchenette or break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,713
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,260
$1.6M
Cap Rate 7%
$1,167,329
$1.2M
Cap Rate 9%
$907,922
$907.9K
Market Conditions
NOI Build-Up for 3,888 SF
Gross rent
$130.6K $33.60/SF
− Vacancy
−$21.7K −$5.58/SF
EGI
$109.0K $28.02/SF
− OpEx
−$27.2K −$7.01/SF
NOI
$81.7K $21.02/SF
Area
Burnet County, TX
Vacancy
16.60%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,260
Cap Rate 7%
$1,167,329
Cap Rate 9%
$907,922
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,713 @ 7.0% cap · market cap 9,079.22%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.93M
$2.56M – $3.42M
NOI $204,995 @ 7.0% cap · market cap 22,777.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A remodeled office suite includes shared meeting, restroom, and kitchenette facilities.
Where is this office unit located?
The property is located at 205 S Pierce Street #11 Burnet, TX.
What are key features of this property?
This property features: Approximately 266 sq ft of office space; Scheduled availability: February 1, 2027; Shared conference room, restrooms, and kitchenette or break area
