Active Listing  ·  39 days on market

302 Julie St

Burnet, TX 78611
$275,000
3 Bed 1 Bath 1,180 sqft $233/sqft Built 1975 0.25 acres Pool Highland Acres East

A Move-in Ready home, freshly painted with tile flooring throughout and a big open Living Room, Kitchen and Dining Room. Beautiful white Plantation Shutters on every window. A massive back Covered Patio runs the entire length of the home, perfect for listening to the rain come down on the Metal Roof. Gas Range and Tiled Countertops in the kitchen and a good-sized island for prepping and entertaining as well as more than ample storage cabinets, all giving the cook a comfortable space to work in. Abundant natural light and an easy flow layout. Ceilings fans in every room and a recently installed new HVAC System (inside and out units) keep this home cool and comfortable with very little effort. Large trees surround the home, along with a Fig and Pecan. Entertaining in the private backyard is simple and comfortable with a large covered back patio, with ceiling fans, and a big lower patio that is perfect for the outdoor kitchen area. The driveway boasts extra parking space as well as a large 2 car carport. This is an easy home to get comfortable in right away, with a quiet neighborhood filled with kids riding bikes and running around. Easy and super quick access to HEB and all other daily needs. This home is ready to welcome a new family!

At $233/sqft, this home is 27% 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

302 Julie St, Burnet, TX 78611

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,180 sqft
Lot Size 0.25 acres (10,798.52 sqft)
Year Built 1975
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Acres East
County Burnet
Zip Code 78611
$/sqft $233/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243628050
List Date August 24, 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.

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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
209 E Live Oak St
Vanderveer/ Alexander
$270,000 $196 4 bd / 2 ba 1,377 sqft , 2026-04-30
429 Creekfall Rd
Creekfall
$282,290 $206 3 bd / 2 ba 1,370 sqft , 2026-06-25
602 S Pierce St
Vanderveer/ Alexander
$267,500 $239 3 bd / 2 ba 1,120 sqft , 2026-08-20
242 Water Well Rd
Creekfall
$285,540 $182 4 bd / 2 ba 1,568 sqft , 2026-02-18
112 Hayburner Rd
Creekfall
$286,990 $194 3 bd / 2 ba 1,478 sqft , 2026-03-13

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 20, 2026.

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