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Keenan Group#1 Austin Board of Realtors Team 2024

$273,000

4Beds
2Baths
1,992Sq Ft
0.57 acresLot
Pending

501 Possum Trot St, Burnet, TX 78611

Reduced 12%$309,000
Burnet·MLS# 8356892·Built 1985

4 bed, 2 bath, 1,992 sqft on 0.57 acres in Burnet. Burnet, TX 78611. $273,000. BurnetCONSISD.

About This Home

Welcome to 501 Possum Trot, where charm, space, and modern updates come together on an expansive lot with a massive backyard shaded by mature trees. This remodeled home features a beautifully updated kitchen that serves as the heart of the home, offering stylish finishes and functional design perfect for everyday living and entertaining. Step outside to enjoy endless possibilities in the oversized backyard, whether you envision gatherings, gardening, or simply relaxing under the canopy of established trees. With a low tax rate and no HOA, this property offers exceptional freedom, value, and the rare opportunity to enjoy both comfort and flexibility. 501 Possum Trot is the perfect place to create your own vision while enjoying the benefits of a thoughtfully updated home on a truly special homesite. Schedule your private tour today!

Property Type
Residential
Year Built
1985
Lot Size
0.57 acres
Price / Sq Ft
$137

Listing information last updated October 15, 2026.

Listed by Keller Williams Realty

MLS# 8356892 • Pending

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.57-acre lot
Beamed Ceilings
Ceiling-Vaulted
Quartz Counters
Kitchen Island
Primary Bedroom on Main

Facts & Features

Interior

Features

  • Beamed Ceilings
  • Ceiling-Vaulted
  • Quartz Counters
  • Kitchen Island
  • Primary Bedroom on Main

Appliances

  • Dishwasher
  • Disposal
  • Electric Cooktop
  • Refrigerator
  • Stainless Steel Appliance(s)
  • Electric Water Heater

Flooring

  • Carpet
  • Laminate
Heating
Central
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony

Construction

  • Brick Veneer
  • Frame

Lot Features

  • Trees-Large (Over 40 Ft)

Fencing

  • Fenced
  • Wood

Foundation

  • Slab
Roof
Composition
Lot Size
0.57 Acres

Parking

  • Attached
Financial
Original List Price
$309,000
Price per Sq Ft
$137
Utilities
  • Electricity Available
  • High Speed Internet
Water Source
Private
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 501 Possum Trot ST, whoever represented it.

  1. PendingListed 2026
    Current price: $273,000Original list: $309,000MLS 8356892
    1. Listed · May 14, 2026$309,000
    2. Price changed · July 9, 2026$300,000
    3. Price changed · August 15, 2026$291,000
    4. Price changed · August 27, 2026$280,000
    5. Price changed · September 26, 2026$273,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Pending with current price, original ask, and market time.

View Timeline
Current list
$273,000
Original list
$309,000
Price movement
$36K reduction
Listed / DOM
May 14, 2026 · 154 days

Virtual Tour

Virtual tour of 501 Possum Trot St
Map showing 501 Possum Trot ST
501 Possum Trot ST
Directions

Zoned Schools

BurnetCONSISD

1 High School1 Middle School1 Elementary School

Burnet

High SchoolGrades 9-12Zoned assignment

Burnet

Middle SchoolGrades 6-8Zoned assignment

Shady Grove

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$1,512

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($55K)

Adjustable assumption - not a lending recommendation.

$273,000

Loan: $218K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Burnet pricing, timing, and property scale. No automated valuation claim.

List price

$273,000

Price per sqft

$137/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

154 days

Original to current

$36K reduction

$309K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 501 Possum Trot St?

501 Possum Trot St is listed at $273,000 with 4 bedrooms, 2 full bathrooms, 1,992 square feet, 0.57-acre lot.

What school district is 501 Possum Trot St in?

501 Possum Trot St is zoned for BurnetCONSISD with assigned schools: Shady Grove (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.

What are the property details for 501 Possum Trot St?

501 Possum Trot St is a Residential built in 1985 featuring 4 bedrooms, 2 full bathrooms, 1,992 square feet, 0.57-acre lot.

What are the property taxes for 501 Possum Trot St?

The most recent annual property tax for 501 Possum Trot St is $3,814. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 501 Possum Trot St?

This page does not assume a mortgage rate or publish a monthly payment for 501 Possum Trot St. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 501 Possum Trot St compare with other homes in Burnet?

As of Oct 15, 2026, 501 Possum Trot St is offered at $273,000. The current MLS snapshot shows 164 active listings in 78611. Keenan Group has completed 1 verified transactions in 78611 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 501 Possum Trot St built?

501 Possum Trot St was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Burnet

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 10:32:23 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 10:32:23 AM

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