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ActiveMLS #9307573

505 Chisum TRL, Burnet TX 78611

Burnet, TX 78611 · Skyline Terrace

Single Family Residence for sale in Skyline Terrace

3Bedrooms
2Bathrooms
1,486Square Ft
8.97Acres
2Garage
1972Year Built
Price Reduced
1 / 37
$687,500$690,000

Overview

Property Description

Looking for some room to spread out without giving up the convenience of town? This 3-bedroom, 2-bath home offers 1,486 square feet of comfortable living space on just under 9 acres in Burnet, Texas. Tucked away in a private setting within the city's ETJ, you'll enjoy the peace and quiet of country living while still being just minutes from everything Burnet has to offer. The community has its own private water source. The nearly 9-acre tract provides endless opportunities to create the lifestyle you've been dreaming of. There's plenty of room for horses, livestock, chickens, or other animals, along with ample space for a garden, workshop, additional outbuildings, or simply enjoying the wide-open views and beautiful Hill Country surroundings. The house sits on 1.44 acres and the additional 7.53 acres is subdivided into 9 lots varying in size from the smallest lot at .67 acres to the largest lot at 1.16 acres, making this a great investment. Enjoy the quiet, privacy, and freedom of country living without being too far from town. If you've been searching for acreage, usable land, and a comfortable home in the Hill Country, this property is ready for you to make it your own.

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

Members only
Days on market
−$2,500 (−0.4%)
$690,000 → $687,500
1
Price reduction
Active
Since Jul 9, 2026
Price trend
List priceJul 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 29, 2026Price Decrease$687,500−$2,500 (−0.4%)
Jul 9, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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

List price $687,500
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Hanszen-Bailey Real Estate Ser · (512) 756-2775

Listings courtesy of ACTRIS as distributed by MLS GRID.