Active Listing  ·  155 days on market

209 E Live Oak St

Burnet, TX 78611
$270,000
4 Bed 2 Bath 1,377 sqft $196/sqft Built 1963 0.21 acres Pool Vanderveer/ Alexander

Welcome to this charming and well-maintained home situated on a spacious 0.21-acre corner double lot in the heart of town! Built in 1964, this 4-bedroom, 2-bathroom home offers 1,377 square feet of comfortable living space with numerous improvements throughout.

The home features new windows and LVP flooring installed in 2022, 8-foot ceilings, solar screens, 2-inch faux wood blinds, and a functional layout designed for everyday living. Both bathrooms include stand-up showers, while the primary suite offers a double vanity for added convenience.

This home has been well cared for over the years with several major updates already completed, offering added peace of mind for future owners. Enjoy comfortable living spaces, natural light throughout, and practical features that make this home both functional and inviting.

Step outside to enjoy the large covered porch addition, wood deck, open patio area, and dedicated grilling space—perfect for entertaining or relaxing outdoors. The fully fenced backyard includes a storage shed that conveys along with mature trees and plants that create a welcoming outdoor setting. Additional features include a separate laundry room located off the carport and plenty of outdoor space to enjoy.

At $196/sqft, this home is 39% below the Burnet active market average of $319/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

209 E Live Oak St, Burnet, TX 78611

Property Details

Price $270,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,377 sqft
Lot Size 0.21 acres (9,099.68 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Vanderveer/ Alexander
County Burnet
Zip Code 78611
$/sqft $196/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226400068
List Date April 30, 2026
Elementary School Shady Grove
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 · April 30, 2026 $275,000
Current ask $270,000
▼ Reduced $5,000 (-1.8%) 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
1208 Oak St None
Oaks Addition
$269,000 $166 5 bd / 2 ba 1,622 sqft , 2026-07-10
602 S Pierce St
Vanderveer/ Alexander
$267,500 $239 3 bd / 2 ba 1,120 sqft , 2026-08-20
302 Julie St
Highland Acres East
$275,000 $233 3 bd / 1 ba 1,180 sqft , 2026-08-24
202 E Tate St
Fowler Add
$259,499 $163 3 bd / 2 ba 1,596 sqft , 2026-05-29
429 Creekfall Rd
Creekfall
$282,290 $206 3 bd / 2 ba 1,370 sqft , 2026-06-25

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
$1,296/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
$54,000
20% conventional investment loan

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

Estimated Gross Rent+$1,296
Principal + Interest−$1,474
Property Tax (~2.1% TX avg)−$473
Insurance (~0.5%)−$113
Est. Monthly Cash Flow $-764

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 September 15, 2026.

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