112 Burnet StLlano, TX 78643

  • Other commercial real estate
  • 3,438 SF
For Sale
$1,150,000 View listing

Property Details for 112 Burnet St

Year built
2011
Lot size
0.54 AC
Property size (Sq ft)
3,438 SF
Property type
Other commercial real estate
APN
28179
APU
28179

Description

This exceptional 4,900 square foot property, located at 112 E Burnet St in Llano, Texas, presents a unique investment opportunity. Situated on a 0.54-acre lot in the historic Llano Rail Yard District, this meticulously renovated building boasts the charm of a historic bed and breakfast, the elegance of a wedding venue, and the potential for additional revenue streams as a wine tasting room and live music venue. The property offers breathtaking views of the Llano River, bridge, and courthouse, enhanced by a landscaped terrace backyard. Since its reopening in February 2022, the property has undergone extensive renovations, blending vintage glamour with modern amenities. Fully furnished and equipped, it's ready for immediate operation. The property's proven track record includes hosting weddings, reunions, and other events, with bookings secured well into 2025, ensuring a steady income stream for the new owner. This is a chance to own a piece of Llano history and capitalize on its established success in the thriving tourism market. The property's prime location and versatile functionality make it an ideal investment for those seeking a turnkey operation with significant income potential. Priced at $1,150,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,180,713
    Hospitality
    $1,081,526
    Educational
    $899,817
    Medical
    $930,763
    Retail
    $1,399,716
112 Burnet St, Llano, Texas

Location Insight

City
Llano
County
Llano
State
Texas
Latitude
30.7541
Longitude
-98.6742

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,040
$49,620
$223,260
$272,880
-
$49,620
$223,260
$272,880

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