
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
Listed by RE/MAX of Marble Falls
Property Details
Verified property facts
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 $314,830 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
806 S Water ST is a Commercial Sale built in 2026 featuring 0 bedrooms, 2.01-acre lot.
806 S Water ST is listed by RE/MAX of Marble Falls. 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 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.
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2 records on file
Every recorded listing, sale, and lease at 806 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% ($220K)
Adjustable assumption - not a lending recommendation.
$1,100,000
Luxury property intelligence
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List price
$1,100,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
23 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 Sep 5, 2026.
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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.
As of Sep 5, 2026, 806 S Water ST is offered at $1,100,000. 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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