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$687,500
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Property Description
HOME + NEARLY 9 ACRES + 9 ADDITIONAL LOTS - A RARE BURNET OPPORTUNITY! Looking for acreage, privacy and opportunity without giving up the convenience of town? 505 Chisum Trail offers a unique combination of an established 3-bedroom, 2-bath home and approximately 8.97 total acres in Burnet, Texas. The home offers 1,486 square feet of comfortable living space, a 2-car garage, metal roof, covered porches, fenced grounds and beautiful Hill Country views. The property provides plenty of room for a garden, workshop, or simply enjoying the privacy and open space that make Hill Country living so desirable. But the acreage is what truly sets this property apart. The home sits on approximately 1.44 acres, while an additional approximately 7.53 acres is divided into 9 separate lots ranging from approximately .67 to 1.16 acres. This creates an exceptional opportunity for a buyer looking for additional land, an investment property, future possibilities or simply the flexibility that comes with owning multiple parcels. Located within Burnet's ETJ and just minutes from town, the property offers the best of both worlds - a peaceful Hill Country setting with convenient access to Burnet amenities. Whether you're searching for a private homestead, room for your animals and hobbies, additional land to hold, or an opportunity to explore the potential of the additional parcels, 505 Chisum Trail deserves a closer look. Buyer to independently verify all information regarding zoning, restrictions, utilities, access, subdivision status, development potential and permitted uses of the additional parcels.
Full Property Details
Full Property Details for 505 Chisum Trail
General
- Price: $687,500
- Taxes: $5,923 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9307573
- Updated: 10/8/2026
- Added to Site: 93 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Kitchen Island
- Appliances: Electric Oven, Microwave
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: Rear Porch, Covered, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Driveway, Garage
Location
- Area: BU
- County: Burnet
- Subdivision: Skyline Terrace
- Driving Directions: From the Hwy 29 (Polk St) / 281 intersection, Head West on Hwy 29 (Polk St), Turn right on Chisum Trail , house will be on the right.
- Direction Faces: Southwest
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public, See Remarks
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Masonry
- Roof: Metal
- Windows: None
- Stories/Levels: 1
- Square Feet: 1,486
- Sq. Ft. Source: Public Records
- Living Area: 1,486 Sq. Ft.
- Year Built: 1972
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding, Shed(s)
Lot Features
- Property View: Hills
- Lot Size (Acres): 8.97
- Lot Size (Sq. Ft.): 390,733.2
- Fence: Yes
- Lot Features: Gentle Sloping, Moderate Trees, Private, See Remarks
- Fencing (Description): Full
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Financial Considerations
- Assessment Amount: $249,304
- Tax Amount: $5,923.2
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Legal Description: S7800 SKYLINE TERRACE LOT 19 & 30, UNIT 2 1.437
- Disclosures/Reports: None
- Property ID: 41198
- Lot Number: 19
Listed by Hanszen-Bailey Real Estate Ser
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Schools
Schools serving 505 Chisum Trail
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 2 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 1.7 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 2.1 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 505 Chisum Trail
Date
Details
Price
Change
Source
8/29/2026
Price Reduced
$687,500
-0.36%
MLS
7/09/2026
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Chisum Trail
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$249,304
10%
2024
100%
$226,640
10%
2023
100%
$206,036
-36%
2021
100%
$322,542
80%
2020
100%
$179,442
16%
2020
100%
$154,797
—
2019
-100%
$154,797
16%
2018
$2,331
—
$133,244
—
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 505 Chisum Trail
505 Chisum Trail, Burnet, TX 78611 (MLS# 9307573) is a Single Family property with 3 bedrooms and 2 full bathrooms. 505 Chisum Trail is currently listed for $687,500 and was received on July 09, 2026. Want to learn more about 505 Chisum Trail? 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.

