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Waterfront Short-Term Rental Property
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501 Bumpy Ridge Dr, Burnet, TX 78611

Residential-zoned lakefront holding with an upgraded main house, detached expansion space, and short-term rental potential.

Property Size1,352 SF
Lot Size1.00 Acre
Price / SF$410.50
Days on Market247

Property Features for 501 Bumpy Ridge Dr

General Information

Standard status Active
Size 1,352 SF
Lot size 1.00 Acre
Property subtype Hospitality, Mixed Use, Multifamily, Special Purpose
Zoning Residential
Investment Type Owner/User

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Amenities

private fishing pier

Building Details

Year Built 1976
Year Renovated 1989
Buildings 2
Stories 1
Units 1
Listing Agency: Lake Life Team-exp Realty
Listed By: Katie Simon · License #TX685421
Source: Crexi
Added: Feb 12 Changed: Oct 11 Last Checked: Oct 16 at 7:32AM

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 Lake Life Team-exp Realty

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Investment Insights

Based on property information with market context.

This short-term rental property includes a 1-acre Lake Buchanan parcel with 4.88 acres of submerged rights and approximately 110 feet of open-water frontage. Improvements include a 1,352-square-foot main house with 2 bedrooms and 1 bathroom, plus an 864-square-foot detached building that is ready for expansion. The main residence was built in 1976 and has a metal roof, new HVAC, and updated plumbing fixtures.

A private fishing pier extends the waterfront improvements. Short-term rentals are allowed, and the property information identifies potential for a multi-unit lake compound. The site is in Burnet County, is zoned Residential, and has no city restrictions stated.

Key Highlights

  • 1‑acre Lake Buchanan property with 4.88 acres of submerged rights
  • Approximately 110 feet of open‑water frontage
  • 2‑bedroom, 1‑bath main house measuring 1,352 square feet

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Real Estate Agency Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Residential-zoned lakefront holding with an upgraded main house, detached expansion space, and short-term rental potential.
Where is this short term rental property located?
The property is located at 501 Bumpy Ridge Dr Burnet, TX.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 1‑acre Lake Buchanan property with 4.88 acres of submerged rights; Approximately 110 feet of open‑water frontage; 2‑bedroom, 1‑bath main house measuring 1,352 square feet
(325) 388-4565 Call to check price and availability
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