Residential Land with Home for Sale in Burnet, Texas

A Remodeler's Must See! Endless opportunity for a contractor or investor awaits with this property that has good bones and offers a rare chance to own more than 6.5 acres in town, with potential to divide for future development. Two Homes on One Property! Explore the possibilities with both a primary home and a secondary residence, ideal for multi-generational living, guests, or rental income. The primary home features a large suite with dual vanities, a walk-in shower, and a soaking tub, creating a relaxing retreat. The living room includes a beautiful beamed ceiling and large windows that fill the space with natural light. A circular driveway welcomes you home, while the expansive backyard with mature trees provides exceptional privacy, perfect for entertaining or simply unwinding outdoors. The secondary home includes one bedroom, one bathroom, a partial kitchen, and a converted garage space that can be used as a guest area, home office, or creative studio. Outdoors, the former swimming pool has been transformed into a tranquil Koi pond. The property was affected by the July 2025 flood and has since received FEMA assistance for professional dry-out, offering an outstanding opportunity to remodel and reimagine this Hill Country gem. With over 6.5 acres, ample living space, and endless potential, this property is the perfect fixer-upper for anyone ready to create their dream home or a future investment.