#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Commercial office building with 2,388 sq. ft. on Hwy. 281 in Burnet, Texas. Ideally located a few blocks south of the city’s main intersection (Hwy 281/Hwy 29), this premium corner lot offers high visibility and great access. With the highest traffic count in Burnet at 25K-30K vehicles per day, this location supports a wide variety of potential commercial uses. The spacious 0.40 acre lot provides ample parking with plenty of space to expand. Excellent signage is in place.
2,388 sq. ft. air-conditioned 10’ x 5’ lighted sign on pole 4' x 8' Watchfire digital sign Hwy. 281 South and Marble Street One hour from Austin, 15 minutes from Marble Falls Enclosed storage 11' x 11' Carport 18' x 20' Asphalt parking Metal roof 3 bathrooms
Property Type
Commercial Sale
Year Built
2005
Lot Size
0.40 acres
Listed by Jim Berry Hill Ctry Rnch Sales
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
503 S Water ST is listed at $785,000 with 0 bedrooms, 0.40-acre lot. This places it above the ZIP 78611 single-family closed-sale median price of $314,830 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
503 S Water ST is a Commercial Sale built in 2005 featuring 0 bedrooms, 0.40-acre lot.
503 S Water ST is listed by Jim Berry Hill Ctry Rnch Sales. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 503 S Water ST is $9,176. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 503 S Water ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
20% ($157K)
Adjustable assumption - not a lending recommendation.
$785,000
Luxury property intelligence
A sourced read on Vanderveer/ Alexander pricing, timing, and property scale. No automated valuation claim.
List price
$785,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
16 days
Original to current
No verified reduction
$785K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 503 S Water ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 503 S Water ST is offered at $785,000. The current MLS snapshot shows 165 active listings in 78611.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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