506 Orbit DR, Burnet TX 78611

Burnet, TX 78611 | Skyline Terrace

Ed's Opinion of Value

$319,200 Ed's Estimate: $388,344 $1,250,000
Lowest Comp Recommended List: $363,000 to $584,000 Highest Comp
The market data from 7 similar recent sales in SKYLINE TERRACE points to a value of approximately $388,344. To sell within a reasonable timeframe at fair market value, the $363,000 to $584,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in SKYLINE TERRACE. The larger floor plan (2,607 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1966 construction puts this home 57 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in SKYLINE TERRACE; a buyer's market based on recent absorption. In 78611, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 100 Wranglers WAY, Burnet TX 78611, adjusting to $583,625; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
2 Baths 2 Full
4,287 Sq Ft
1 Acres
1966 Built
3 Garage

About This Property

Hill Country private oasis awaits, just minutes from downtown Burnet, Texas! Excellent views of Burnet and the surrounding Hill Country are seen from this hill top location. Custom home that has been expanded and updated over the years. Room for the entire family and guests are welcome here!! Updated island kitchen with stone encased cooking area with stainless steel appliances and a plethora of cabinets for storage adjoins the open, beamed ceiling, primary dining area with a beautiful stone wall. The massive large living boasts a stone fireplace, secondary dining area or great game table area, with a designated wet bar space, and a large wood-ceiling enclosed porch area with steps down to a side exterior door. Off this fabulous space is the primary ensuite featuring a large bedroom with dual closets, direct access to the covered side porch perfect for your morning coffee and to watch the wildlife, and an attached sitting area or private office retreat. The ensuite bathroom offers dual vanities, toilet and bidet, separate shower, and a massive soaking tub, with tons of storage. The split bedroom floorplan provides privacy to the primary ensuite from the rest of the bedrooms. Three additional bedrooms and secondary bathroom are on the opposite side of the home. Step out the side door and through the breezeway into the large 3-car garage with workbench area, and travel up the stairs to the enormous game room with kitchenette area. This is an ideal setup! This space also offers an attached bonus/5th bedroom. Private and discreet, this property offers the best of both worlds; quiet country living on one acre with exceptional views, along with being just minutes from downtown. Check out this unique property today! Features List available.

Features

  • Bidet
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • French Doors
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Dining Areas
  • Natural Woodwork
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar

Location

Schools

School District Burnet ISD
Elementary Burnet
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Fireplace(s)
Exterior Uncovered Courtyard, Exterior Steps, Gutters Full, Lighting
County Burnet
MLS # 2493422

Parking

Garage 3 spaces

Listing History

MLS# 2493422 - Updated Apr 4, 2026 367 days (363 CDOM)
Apr 22, 2024 Off Market
Jul 31, 2023 Price Change $499,000
Nov 5, 2022 Listed $675,000

Frequently Asked Questions About 506 Orbit DR, Burnet TX 78611

When was 506 Orbit DR, Burnet TX 78611 built?

506 Orbit DR, Burnet TX 78611 was built in 1966.

How much does 506 Orbit DR, Burnet TX 78611 cost?

506 Orbit DR, Burnet TX 78611 sold on April 22, 2024. Contact us for sale price details.

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