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Pecan & Boundary Townhomes 3 Multifamily Properties Offered at $1,400,000 in Burnet, TX
Investment Highlights
- 7-unit townhome community built in 2020
- 11,340 rentable SF with average unit size of 1,620 SF
- 21 parking spaces including 7 garages and 14 surface spaces
- Located in Burnet, TX, approximately 55 miles northwest of Austin
- Modern construction with Hardi board siding, pitched composite shingle roofs, PVC plumbing, and copper wiring
- Individually metered electricity and water/sewer paid by residents
Executive Summary
Pecan & Boundary Townhomes is a 7-unit townhome community located at 309 E. Pecan St. & 708 S. Boundary St. in Burnet, Texas. Built in 2020, the property consists of seven 3-bedroom townhomes totaling approximately 11,340 rentable square feet on 0.77 acres. Units average 1,620 SF and feature modern finishes including granite countertops, custom cabinetry, luxury vinyl plank flooring, stainless steel appliances, and full-size washer/dryer connections. The property benefits from individual utility metering, garage parking, and strong rental demand in the growing Burnet market, approximately 55 miles northwest of Austin. Current rents average $1,822/month with a projected rental upside to market rents of approximately $1,895/month.
Property Facts
| Price | $1,400,000 | Number of Properties | 3 |
| Price / SF | $123.46 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 11,340 SF |
| Sale Type | Investment | Total Land Area | 1.76 AC |
| Status | Active |
| Price | $1,400,000 |
| Price / SF | $123.46 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,340 SF |
| Total Land Area | 1.76 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 309 E Pecan St, Burnet, TX 78611 | Multifamily | 4,860 SF | 2020 | - |
| 708 S Boundary St, Burnet, TX 78611 | Multifamily | 3,240 SF | 2020 | - |
| 700 S Boundary St, Burnet, TX 78611 | Multifamily | 3,240 SF | 2020 | - |
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