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$249,900
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Property Description
Charming Hill Country home with strong short-term rental potential located in the heart of Burnet, just minutes from the Highland Lakes and some of the most popular outdoor destinations in Central Texas. Situated near Lake Buchanan, Inks Lake, and Longhorn Cavern State Park, this property is ideally positioned to attract weekend travelers, lake visitors, and Hill Country tourists year-round. Burnet's growing tourism market continues to benefit from major annual events such as the Bluebonnet Festival, along with consistent demand from visitors exploring the Highland Lakes region. Short-term rental data for the Burnet market shows typical nightly rates around $380-$400 per night with average annual STR revenue in the $30K+ range, making this property an attractive opportunity for investors seeking income potential or buyers looking for a second home with rental upside. The home's location provides convenient access to boating, fishing, hiking, and outdoor recreation at nearby attractions including Longhorn Cavern State Park, Lake Buchanan, and Inks Lake State Park. Downtown Burnet's shops, restaurants, and historic square are just minutes away. Whether you're searching for a primary residence, weekend Hill Country retreat, or investment property, this home offers flexibility and strong potential in a desirable Central Texas destination. Short-term rentals are subject to city regulations and permitting. Fully Permited Septic tank replacement. Multiple windows ordered and scheduled to be replaced.
Full Property Details
Full Property Details for 1012 Hill St
General
- Price: $249,900
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Taxes: (2021)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4092190
- Updated: 3/18/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Bookcases, Ceiling Fan(s), High Ceilings, Laminate Counters, Main Level Primary
- Appliances: Built-In Electric Oven, Built-In Electric Range, Dryer, Washer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: In Kitchen, Electric Dryer Hookup
Additional Information
- Shared Amenities: Community Mailbox, Lake
- Security/Safety: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Covered
Parking
- Total Spaces: 7
- Parking Features: Gravel, Unpaved
Location
- Area: BU
- County: Burnet
- Subdivision: Council Creek
- Driving Directions: PLEASE READ TO AVOID ROUGH TERRAIN. GPS WILL TAKE YOU DOWN A HARSH ROUTE From Burnet, take HWY 29 W 3 miles, right on 2341, continue for 6 miles and take a left on Lakeway (also known as CR 130), Right at fork onto Lakeway, right on campway, left on SPRING, house will be on the right approx 100 yards up spring.
- Direction Faces: South
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Shady Grove
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Association: Yes
- Assoc. Name: Council Creek POA
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Floor Furnace, Fireplace(s)
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Above Ground Utilities, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Vinyl Siding
- Roof: Metal
- Windows: Double Pane Windows
- Square Feet: 1,780
- Sq. Ft. Source: Public Records
- Living Area: 1,780 Sq. Ft.
- Year Built: 1963
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Hills
- Lot Size (Acres): 0.262
- Lot Size (Sq. Ft.): 11,412.72
- Fence: Yes
- Lot Features: Interior Lot, Moderate Trees, Few Trees
- Fencing (Description): Partial
Water Features
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Privileges
- Lake Front: Yes
Financial Considerations
- Association Fee: $100
- Assoc Fee Freq.: Annually
- Assessment Amount: $127,592
- Tax Year: 2021
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: S3850 COUNCIL CREEK LOT 1025 & 1026 BLK 3
- Disclosures/Reports: Seller Disclosure
- Property ID: 3850000301025000
- Block: 3
- Lot Number: 1025
Listed by Compass RE Texas, LLC
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Schools
Schools serving 1012 Hill St
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 8.5 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 8.1 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1012 Hill St
Date
Details
Price
Change
Source
3/13/2026
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1012 Hill St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,321
-11%
$244,495
-8%
2023
$2,614
38%
$266,462
19%
2022
$1,897
-1%
$223,092
43%
2021
$1,913
6%
$155,486
18%
2020
$1,802
9%
$132,156
14%
2019
$1,647
-16%
$115,993
3%
2018
$1,969
—
$112,847
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1012 Hill St
1012 Hill Street, Burnet, TX 78611 (MLS# 4092190) is a Single Family property with 3 bedrooms and 1 full bathroom. 1012 Hill Street is currently listed for $249,900 and was received on March 13, 2026. Want to learn more about 1012 Hill Street? Do you have questions about finding other Single Family real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.

