Date
Details
Price
Change
Source
9/23/2026
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$215,000
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Property Description
Opportunity awaits at 112 Promise Lane with this established duplex property situated on approximately 0.89 acres in Burnet County. The property offers the potential for income-producing residential use, multi-generational living, or an investment opportunity, subject to applicable requirements. The existing structure provides a foundation for anyone looking to preserve, refresh, or further develop the property according to their vision. Its generous acreage adds flexibility rarely found with traditional multifamily properties. Buyers and buyer's agents are encouraged to independently verify square footage, year built, utilities, restrictions, zoning, permitted uses, and development requirements.
Full Property Details
Full Property Details for 112 Promise Ln
General
- Price: $215,000
- HOA FEE: $50/month
- Taxes: $2,499 (2026)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 5781668
- Updated: 9/23/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: None
- Appliances: Dryer, Gas Water Heater, Oven, Washer
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: None
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: Sport Court
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 2
- Parking Features: Unpaved
Location
- Area: BU
- County: Burnet
- Subdivision: Land Of Promise
- Driving Directions: From Burnet, travel west on TX-29 W. Turn left onto Hoover Valley Rd and continue approximately 8.2 miles. Turn left onto Park Rd 4 W/State Park Rd 4. Keep right onto Ranch to Market Rd 2342. Turn right onto Promise Lane. Continue approximately 300 feet to 112 Promise Lane.
- Direction Faces: Northeast
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Burnet
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Association: Yes
- Assoc. Name: Land of Promise
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Masonry
- Roof: Shingle
- Windows: Aluminum Frames
- Stories/Levels: 1
- Square Feet: 3,084
- Sq. Ft. Source: Public Records
- Living Area: 3,084 Sq. Ft.
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.89
- Lot Size (Sq. Ft.): 38,768.4
- Lot Features: None
- Fencing (Description): None
Financial Considerations
- Association Fee: $50
- Assoc Fee Freq.: Monthly
- Assessment Amount: $239,859
- Tax Amount: $2,499.33
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: Association Fees, All Utilities
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: S5975 LAND OF PROMISE LOT 4 PLAT 1.1
- Disclosures/Reports: Municipal Utility District Disclosure
- Property ID: 82841
- Lot Number: 4
Listed by Keller Williams Realty Lone St
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Listing agent
— 112 Promise Ln —
Keller Williams Realty Lone St
(432) 693-6643
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 112 Promise Ln
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 12.8 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 12.6 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 13 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 112 Promise Ln
Tax History
Tax History for 112 Promise Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$239,859
—
2023
100%
$239,859
—
2021
100%
$239,859
13%
2020
100%
$212,837
15%
2020
100%
$185,814
—
2019
-100%
$185,814
—
2018
$3,081
—
$185,814
—
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 112 Promise Ln
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112 Promise Lane, Burnet, TX 78611 (MLS# 5781668) is a Duplex property with 0 bedrooms and 0 full bathrooms. 112 Promise Lane is currently listed for $215,000 and was received on September 23, 2026. Want to learn more about 112 Promise Lane? Do you have questions about finding other Duplex real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.