Active Listing  ·  126 days on market

202 E Tate St

Burnet, TX 78611
$259,499
3 Bed 2 Bath 1,596 sqft $163/sqft Built 1964 0.19 acres 2-Car Garage Pool Fowler Add

OWNER FINANCING OPTIONS.. Welcome to 202 E Tate Street in the heart of Burnet, Texas — a charming and well-maintained brick home offering comfort, convenience, and small-town charm. Situated on a spacious lot just minutes from downtown Burnet, this 3-bedroom, 2-bath residence features a functional floor plan with generous living spaces and an inviting atmosphere throughout. Prewired for electric charging port.

The home offers a bright and welcoming interior with updated kitchen features, ample storage, and comfortable bedrooms designed for everyday living. A large laundry and storage area adds extra functionality, while the attached garage and additional storage building provide plenty of room for tools, hobbies, or outdoor equipment.

Step outside to enjoy the fenced backyard, mature landscaping, and outdoor space ideal for entertaining, pets, or relaxing evenings under the Texas sky. Conveniently located near local schools, parks, shopping, and Burnet’s historic downtown square, this property combines peaceful neighborhood living with easy access to all the amenities of town.

Whether you’re looking for a primary residence, investment opportunity, or a place to enjoy the Hill Country lifestyle, 202 E Tate Street delivers timeless appeal and everyday practicality in a desirable Burnet location.

At $163/sqft, this home is 49% below the Burnet active market average of $320/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

202 E Tate St, Burnet, TX 78611

Property Details

Price $259,499
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,596 sqft
Lot Size 0.19 acres (8,141.36 sqft)
Year Built 1964
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fowler Add
County Burnet
Zip Code 78611
$/sqft $163/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,791.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231083432
List Date May 29, 2026
Elementary School Burnet
Middle School Burnet (Burnet ISD)
High School Burnet
School District ,

Luke Allen (TREC #788149) has deep knowledge of Burnet and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 29, 2026 $259,999
Current ask $259,499
▼ Reduced $500 (-0.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Burnet

Comparable Listings Right Now

Homes currently for sale in Burnet with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
602 S Pierce St
Vanderveer/ Alexander
$267,500 $239 3 bd / 2 ba 1,120 sqft , 2026-08-20
209 E Live Oak St
Vanderveer/ Alexander
$270,000 $196 4 bd / 2 ba 1,377 sqft , 2026-04-30
711 Beachwood Rd
Woodlands
$244,998 $172 2 bd / 2 ba 1,421 sqft , 2026-08-06
302 Julie St
Highland Acres East
$275,000 $233 3 bd / 1 ba 1,180 sqft , 2026-08-24
900 N Main St
Goble Sub
$239,000 $152 3 bd / 2 ba 1,572 sqft , 2026-07-15

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,246/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$51,900
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,246
Principal + Interest−$1,416
Property Tax (~2.1% TX avg)−$454
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-732

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Burnet, TX

Burnet sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 17, 2026.

📞 (254) 718-2567 [email protected] More about Luke →