Acreage with Metal
4772-2 County Road 340 Burnet, TX 78611
For Sale
$437,000
12.92-acre tract includes a 50-by-60 metal building with spray foam insulation, three roll-up doors, and a new well.
Property Size3,000 SF
Lot Size12.92 Acres
Price / SF$145.67
Days on Market135
Property Features for 4772-2 County Road 340
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 12.92 Acres
- Property subtype
- Farm / Other
Listing Agency:
Topper Real Estate
(512) 695-1799
Listed By:
Jenna Moore · License #0650086
(512) 695-1799
Source:
Compass
Added: Mar 12
Changed: Jul 23
Last Checked: Jul 23 at 4:49PM
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 Topper Real Estate
Investment Insights
Based on property information with market context.
Set on 12.92 acres in Burnet County, this Hill Country tract features rolling terrain with large, mature oak trees and native hardwoods. The property includes a nicely constructed 50' x 60' metal building with spray foam insulation and three roll-up doors, suitable for equipment storage, a workshop, or other future use. A newly drilled water well produces 15 gallons per minute, and there are multiple potential homesites within the tree-covered landscape.
Access is provided via a paved road and an electric gated entrance, adding convenience and security for day-to-day use.
Overall, the combination of acreage, established tree cover, water service, and an anchored metal building creates a flexible setup for storage needs and potential residential development on the property.
Access is provided via a paved road and an electric gated entrance, adding convenience and security for day-to-day use.
Overall, the combination of acreage, established tree cover, water service, and an anchored metal building creates a flexible setup for storage needs and potential residential development on the property.
Key Highlights
- 12.92‑acre tract with rolling Hill Country terrain and large mature oak trees and native hardwoods
- 50' x 60' metal building with spray foam insulation and 3 roll‑up doors for storage, workshop, or future ranch use
- Newly drilled water well producing 15 GPM
Financial Insights For Warehouse
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 | $44.6k | $14.88 |
| − Vacancy | −$4.9k | −$1.64 |
| EGI | $39.7k | $13.24 |
| − OpEx | −$6.0k | −$1.99 |
| NOI | $33.8k | $11.26 |
3,000 SF · lease $14.88/SF/yr · vacancy 11.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$482.4K
$422.1K – $562.8K
NOI $33,770 @ 7.0% cap · market cap 7.73%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.26M
$1.98M – $2.64M
NOI $158,175 @ 7.0% cap · market cap 36.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
FAQs
What type of property is this?
Agricultural land / Farmland - 12.92-acre tract includes a 50-by-60 metal building with spray foam insulation, three roll-up doors, and a new well.
Where is this agricultural land / farmland located?
The property is located at 4772-2 County Road 340 Burnet, TX.
What is the asking price?
The asking price for this property is $437,000.
What are key features of this property?
This property features: 12.92‑acre tract with rolling Hill Country terrain and large mature oak trees and native hardwoods; 50' x 60' metal building with spray foam insulation and 3 roll‑up doors for storage, workshop, or future ranch use; Newly drilled water well producing 15 GPM
