505 Chisum TRL, Burnet TX 78611
Burnet, TX 78611 · Skyline Terrace
Single Family Residence for sale in Skyline Terrace
Overview
Property Description
HOME + NEARLY 9 ACRES + 9 ADDITIONAL LOTS — A RARE BURNET OPPORTUNITY! Looking for acreage, privacy and opportunity without giving up the convenience of town? 505 Chisum Trail offers a unique combination of an established 3-bedroom, 2-bath home and approximately 8.97 total acres in Burnet, Texas. The home offers 1,486 square feet of comfortable living space, a 2-car garage, metal roof, covered porches, fenced grounds and beautiful Hill Country views. The property provides plenty of room for a garden, workshop, or simply enjoying the privacy and open space that make Hill Country living so desirable. But the acreage is what truly sets this property apart. The home sits on approximately 1.44 acres, while an additional approximately 7.53 acres is divided into 9 separate lots ranging from approximately .67 to 1.16 acres. This creates an exceptional opportunity for a buyer looking for additional land, an investment property, future possibilities or simply the flexibility that comes with owning multiple parcels. Located within Burnet's ETJ and just minutes from town, the property offers the best of both worlds — a peaceful Hill Country setting with convenient access to Burnet amenities. Whether you're searching for a private homestead, room for your animals and hobbies, additional land to hold, or an opportunity to explore the potential of the additional parcels, 505 Chisum Trail deserves a closer look. Buyer to independently verify all information regarding zoning, restrictions, utilities, access, subdivision status, development potential and permitted uses of the additional parcels.
Financial Info
- Price
- $687,500
- $ / Sqft
- $463
- HOA
- None
- Tax Rate
- 1.29%
- Est. Taxes
- $1.29
- Tax Year
- 2026
- Exemptions
- Homestead, Over 65
Legal Info
- Address
- 505 Chisum TRL
- County
- Burnet
- City
- Burnet
- State
- TX
- Zip
- 78611
- Subdivision
- Skyline Terrace
- Legal Description
- S7800 SKYLINE TERRACE LOT 19 & 30, UNIT 2 1.437
- Parcel
- 41198
Interior Features
- Floor
- Tile, Vinyl
- Num Living
- 1
- Dining
- 1
- Kitchen
- Kitchen Island
- Appliances
- Microwave, Electric Oven
- Laundry
- None
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Kitchen Island, None
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1972 / Resale
- Square Feet
- 1,486 / Public Records
- Garages
- 2
- Garage Desc
- Driveway, Garage
- Foundation
- Slab
- Roof
- Metal
- Construction
- Brick, Masonry – All Sides
- Acres
- 8.97
- Lot Description
- See Remarks, Gentle Sloping, Private, Trees-Moderate
- Restrictions
- City Restrictions
- Flood Plain
- No
- View
- Hill Country
- Water Access
- No
- Waterfront
- No
- Area
- BU
Utility Info
- Water
- See Remarks, Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air, Electric
Exterior Features
- Fence
- Full
- Exterior Features
- See Remarks, Covered, Porch, Rear Porch
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 29, 2026 | Price Decrease | $687,500−$2,500 (−0.4%) | −$2,500 (−0.4%) |
| Jul 9, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- BurnetCONSISD
- Elementary
- Shady Grove
- Middle
- Burnet (Burnet ISD)
- High
- Burnet
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$4,049 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $4,049
- Principal & interest
- $3,476
- Property taxes
- $0
- Homeowners insurance
- $573
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $550,000 | $6,147 | $35,569 | $543,853 | |
| 2 | $543,853 | $6,559 | $35,157 | $537,293 | |
| 3 | $537,293 | $6,998 | $34,718 | $530,295 | |
| 4 | $530,295 | $7,467 | $34,249 | $522,828 | |
| 5 | $522,828 | $7,967 | $33,749 | $514,860 | |
| 6 | $514,860 | $8,501 | $33,216 | $506,360 | |
| 7 | $506,360 | $9,070 | $32,646 | $497,289 | |
| 8 | $497,289 | $9,678 | $32,039 | $487,612 | |
| 9 | $487,612 | $10,326 | $31,391 | $477,286 | |
| 10 | $477,286 | $11,017 | $30,699 | $466,269 |
- Year 1$543,853
- Principal paid
- $6,147
- Interest paid
- $35,569
- Starting balance
- $550,000
- Year 2$537,293
- Principal paid
- $6,559
- Interest paid
- $35,157
- Starting balance
- $543,853
- Year 3$530,295
- Principal paid
- $6,998
- Interest paid
- $34,718
- Starting balance
- $537,293
- Year 4$522,828
- Principal paid
- $7,467
- Interest paid
- $34,249
- Starting balance
- $530,295
- Year 5$514,860
- Principal paid
- $7,967
- Interest paid
- $33,749
- Starting balance
- $522,828
- Year 6$506,360
- Principal paid
- $8,501
- Interest paid
- $33,216
- Starting balance
- $514,860
- Year 7$497,289
- Principal paid
- $9,070
- Interest paid
- $32,646
- Starting balance
- $506,360
- Year 8$487,612
- Principal paid
- $9,678
- Interest paid
- $32,039
- Starting balance
- $497,289
- Year 9$477,286
- Principal paid
- $10,326
- Interest paid
- $31,391
- Starting balance
- $487,612
- Year 10$466,269
- Principal paid
- $11,017
- Interest paid
- $30,699
- Starting balance
- $477,286
Nearby
Courtesy of Hanszen-Bailey Real Estate Ser · (512) 756-2775
Listings courtesy of ACTRIS as distributed by MLS GRID.