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Keenan Group#1 Austin Board of Realtors Team 2024

$1,100,000

0Beds
2.01 acresLot

806 S Water St, Burnet, TX 78611

Burnet·MLS# 9448464·Built 2026·63 days on market

— bed, — bath on 2.01 acres in Burnet. Burnet, TX 78611. $1,100,000.

About This Home

PRIME COMMERCIAL OPPORTUNITY ON HWY 281 – BURNET, TX! Rare chance to secure high-visibility commercial acreage right in the heart of Burnet, positioned directly on Hwy 281 with excellent traffic counts and unbeatable exposure. A total of 893' of Highway 281 frontage!!! These level tracts offer outstanding development potential with generous road frontage, a scattering of attractive trees, and a location directly in front of the Comfort Inn & Suites—perfect for any type of business venture seeking maximum visibility. Lot 1 – 2.01 Acres – Offered at $499,000 --Expansive, level commercial lot with premium highway frontage and ample space for retail, service industry, office, or hospitality development. Lot 3 – 1.16 Acres – Offered at $400,000 Highly functional tract with excellent exposure—ideal for standalone buildings or multi-use commercial concepts. Lot 4 – 1.02 Acres – Offered at $325,000 Efficient, well-located parcel offering strong visibility and easy access for customers and clients. PACKAGE DEAL: All three lots (totaling approx. 4.19 acres) available together for $1,200,000—an outstanding opportunity for larger commercial projects or future investment. With unbeatable placement along Burnet’s primary commercial corridor, this is a premier investment for developers, business owners, or commercial portfolios seeking growth in one of the Hill Country’s fastest-rising markets.

Property Type
Commercial Sale
Year Built
2026
Lot Size
2.01 acres

Listing information last updated August 13, 2026.

Listed by RE/MAX of Marble Falls

MLS# 9448464 • Active

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

Highlights

New construction completed in 2026
Generous 2.01-acre lot
PRIME COMMERCIAL OPPORTUNITY ON HWY 281 – BURNET, TX
A total of 893' of Highway 281 frontage!!
PACKAGE DEAL: All three lots (totaling approx

Facts & Features

Exterior & Lot
Lot Size
2.01 Acres
Financial
Original List Price
$1,100,000

Transaction History

1 record on file

Every recorded listing, sale, and lease at 806 S Water ST, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,100,000Original list: $1,100,000MLS 9448464
    1. Listed · August 13, 2026$1,100,000

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

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,100,000
Original list
$1,100,000
Price movement
No verified reduction
Listed / DOM
Aug 13, 2026 · 63 days

Virtual Tour

Virtual tour of 806 S Water St
Map showing 806 S Water ST
806 S Water ST
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Principal & interest
$6,093

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

20% ($220K)

Adjustable assumption - not a lending recommendation.

$1,100,000

Loan: $880K
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

$1,100,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

63 days

Original to current

No verified reduction

$1.1M 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 806 S Water St?

806 S Water St is listed at $1,100,000 with 0 bedrooms, 2.01-acre lot. This places it above the ZIP 78611 single-family closed-sale median price of $340,000 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What are the property details for 806 S Water St?

806 S Water St is a Commercial Sale built in 2026 featuring 0 bedrooms, 2.01-acre lot.

What are the property taxes for 806 S Water St?

The most recent annual property tax for 806 S Water St is $26,871. 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 806 S Water St?

This page does not assume a mortgage rate or publish a monthly payment for 806 S Water St. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 806 S Water St compare with other homes in Burnet?

As of Oct 15, 2026, 806 S Water St is offered at $1,100,000. 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.

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

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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, 9:32:02 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, 9:32:02 AM

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