Real Estate Investing in Burnet, Texas (78611)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78611 (Burnet, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.6% of homes vacant — above national norms.
What’s happening in Burnet, TX (78611)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78611 Burnet
ZIP 78611 inside Burnet County looks affordable on the surface — median value of $405K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 78611 can be a a viable market for hunting ground — but the discount at $405K reflects genuine risk that outside investors often underestimate.
Within TX, ZIP 78611 trails on several market indicators that neighboring Burnet County submarkets outperform. The gap is real and solid enough to shape underwriting.
The 78611 ZIP's population of 14,463 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Experienced landlords with local relationships tend to find 78611 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Burnet:
Property Strategy for 78611
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $274,264 | $1,100 | 2.9% | +7.2% | $137,132 |
| 3BR | $361,942 | $1,450 | 2.9% | +7.3% | $120,647 |
| 4BR | $534,133 | $1,570 | 2.1% | +8.4% | $133,533 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78611 Compare?
| Metric | 78611 | Burnet | Texas |
|---|---|---|---|
| Home Value | $405,055 | $405,055 | $297,000 |
| 5-Year CAGR | 2.2% | 2.2% | 5.4% |
| Avg Rent | $1,550 | $1,550 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78611 (Burnet, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $405,055 |
| Monthly Rent | $1,550 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | -2.9% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 78611
Population: 14,463
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 78611
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is housing expensive in Burnet, TX?
Burnet, TX home values average about $405K. That price point suits investors targeting rentals with $1,550/mo in monthly income.
How much rent can I charge in Burnet, TX?
Rents in Burnet, TX run near $1,550/mo. Compared with median home prices of $405K that produces solid gross yields for typical rentals.
How should investors approach Burnet, TX?
Most investors in Burnet, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Does a duplex house hack pencil in Burnet, TX?
The a challenging house-hack environment in Burnet, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How landlord-friendly is Burnet, TX?
The landlord environment in Burnet, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 78611 now. You don’t know where it ranks.
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