tomo logo

$1,500,000

Beds
3
Baths
3.5
sq ft
3,206

160 Horned Frog Ct, Burnet, TX 78611

160 Horned Frog Ct

Burnet, TX 78611

  • 273 days on market
Spectacular Custom Built Luxury Home and Equestrian Ranch situated on 11.5 Acres on a cul-de-sac in Burnet’s gated 7 Creeks Ranch Community. The entire property is fully fenced-in with a custom gated entrance (approx. $100K investment). This very private gentleman's ranch is the perfect equestrian property with three horse paddocks (one with electricity & water) and serves as an operating ranch with two zebras and a zebra/donkey. Bring your horses! Custom built to perfection in 2020 by renowned local builder, Karl Hancock, this exquisite modern home provides 3 bedrooms each with luxury ensuite baths, a home office that could serve as a 4th BD, a three-car garage, and a breathtaking outdoor entertainer’s porch with unobstructed, panoramic hill country views. Enjoy the ultimate in outdoor cooking with a built-in Blaze grill, sink, beverage fridge, and Alfa One pizza oven. The stunning interior features soaring tall ceilings, tasteful wood-inspired tile plank flooring, recessed lighting, a gas log fireplace, and high-end designer finishes. Oversized windows and four-panel sliders maximize the incredible views of the magnificent natural surroundings. This deluxe home comes with all the desirable contemporary bells & whistles including a water softener, wine fridge, built-in SS appliances, oversized center island with thick-cut quartz countertops, and a chef’s quantity of timelessly elegant cabinetry. Energy security & saving with Solar Panels! 7 Creeks Ranch is a secluded, gated Hill Country community comprised of over 2,200 picturesque acres with ranch homes and minimal land use restrictions. Hyperfusion internet. Burnet ISD schools. Ag-exempt property with a low tax rate of 1.33! Just 10 miles from central Burnet, 23 miles to Marble Falls, and 30 miles to Leander. This is a fantastic opportunity to secure a magnificent move-in-ready luxury home & horse ranch on expansive acreage at this amazing price point. Take the 3D tour to see more and schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$1,269,311

Lot size

11.5 acres

Price per sq ft

$468

Year built

2020

Annual property taxes

$9,738.91

Monthly HOA fee

$18.33

Price History

08/07/2024
Austin

Austin #5917059

Listed
$1,500,000
08/01/2024
Austin

Austin #5917059

Removed
06/23/2024
Austin

Austin #5917059

Listed
$1,500,000

Schools & Community

Elementary school: 

Shady Grove

Middle school: 

Burnet (Burnet ISD)

High school: 

Burnet

Community features: 

Fishing, Park

High school district: 

Burnet ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$913,091
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$466,909
Cash to seller
$913,091

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sfmc Lp

Loan start date

November 2020

Original loan amount

$510,400

Est. remaining balance

$466,909

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

James Michael Babb and Tana D Babb

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 6:10 PM

Listing updated: 08/07/2024 at 9:01 AM

Listed by: Steve Adams, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #5917059

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