Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5411 Us Hwy 281 Burnet, TX 78611
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5411 Us Hwy 281 Burnet, TX 78611

    View on Map
    • Investment properties
    • 4,520 SF
    • 3.43 lot acres
    Off-Market
    Property ID
    US82-6125575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 5411 Us Hwy 281

    Year built
    2002
    Lot size
    3.43 lot acres
    Property size
    4,520 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    66129
    APU
    66129

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $765,000
      6.5%
      $705,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $618,000
      Market price range: $295k - $881k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burnet
    County
    Burnet
    State
    Texas
    Longitude
    -98.2609
    Latitude
    30.6357

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,959
    $479,955
    $158,058
    $638,013
    -
    $479,955
    $158,058
    $638,013

    Comparable in this City

    • Value Estimation by Request
      2,040 SF

      4141 State Hwy 29th E, Unit 4145

      OFFICE/RESIDENTIAL (MIXED USE) • 2,040 SF
      4141 State Hwy 29th E, Burnet, TX 78611-4759
      View Details
    • Value Estimation by Request
      2,378 SF

      124 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,378 SF
      124 Main St, Burnet, TX 78611-3106
      View Details
    • Value Estimation by Request
      2,808 SF

      14537 Fm 1431

      OFFICE/RESIDENTIAL (MIXED USE) • 2,808 SF
      14537 Fm 1431, Burnet, TX 78611
      View Details
    • Value Estimation by Request
      2,620 SF

      410 Buchanan Dr, Unit 418

      OFFICE/RESIDENTIAL (MIXED USE) • 2,620 SF
      410 Buchanan Dr, Burnet, TX 78611-2303
      View Details
    • Value Estimation by Request
      706 SF

      209 Water St

      OFFICE/RESIDENTIAL (MIXED USE) • 706 SF
      209 Water St, Burnet, TX 78611-3120
      View Details
    • Value Estimation by Request
      3,202 SF

      200 Water St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,202 SF
      200 Water St, Burnet, TX 78611-3682
      View Details

    Similar Nearby for Sale

    • $1,000,000
      6,403 SF

      Burnet Mixed-Use Commercial Property

      Prime Burnet location, high-potential investment.
      320 Southland Dr, Burnet, TX 78611
      View Details
    • $595,000
      2,400 SF

      Burnet Commercial Building on Corner

      High-visibility commercial building on corner lot near town square.
      109 W Jackson St, Burnet, TX 78611
      View Details
    • Contact for pricing
      1,311 SF

      Mixed-Use Property with Highway Frontage

      Commercial or residential opportunity with highway frontage in Burnet, Texas.
      1918 W State Hwy 29 Hwy, Burnet, TX 78611
      View Details
    • $475,000
      2.99 Acres

      Burnet Mixed-Use Highway Frontage

      2.99 acres with highway frontage, suitable for commercial or residential.
      1918 State Highway 29 W, Burnet, TX 78611
      View Details
    • $475,000
      2.99 Acres

      Burnet Mixed-Use Highway Frontage

      2.99-acre mixed-use property with highway frontage in booming Burnet.
      1918 W State Highway 29, Burnet, TX 78611
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr

      Versatile Industrial Site For Lease

      Industrial site on 5.8 acres with two 4,500 SF buildings.
      3550 North Us Highway 281 U.S, Burnet, TX 78611
      View Details
    • $7,500 /Mo
      6,000 SF

      Burnet Warehouse on Highway 29

      6,000 sq ft commercial warehouse on highly traveled Highway.
      4029 E State Highway 29, Burnet, TX 78611
      View Details
    • $2,800 /Mo
      1,200 SF

      New Office Space on Highway

      New 1,200 SF office space for lease in Burnet.
      4029 E State Highway 29, Burnet, TX 78611
      View Details
    • $10 SF/Yr
      4,500 SF

      Highway Frontage Automotive/Industrial Property

      Stand-alone buildings on 5.8 acres with highway frontage.
      3550 N Us Highway 281, Burnet, TX 78611
      View Details
    • $3,700 /Mo
      4,720 SF

      Burnet Flex Building For Lease

      Multifunctional 3504 sq ft flex building on 2.2 acres.
      500 Southland Dr, Burnet, TX 78611
      View Details
    • $800 /Mo
      700 SF

      Retail Space in Burnet, TX

      Retail space with private office, kitchenette, and fenced backyard.
      700 E Polk St, Burnet, TX 78611
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5411 Us Hwy 281
    Burnet, TX 78611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!