Lewis Property

10.42 acres located at the northeast corner of State Highway 130 and Williamson County Road 152.  Available utilities make this a perfect tract for commercial development.

Size of Property: 10.42 Acres or 453,895.20 Square feet.
Topography: Gently sloping. High point is on the east side of the property.
Road Frontage: The property features 893+ feet of frontage along the east access road of State Highway 130 and 397+ feet of frontage along the north side of Williamson County Road 152.
Ad Valorem Taxes:
Water: City of Georgetown
City:
Broker Comments: Size, topography and location make this an ideal location for a wide variety of commercial development.
Ground Water:
Soil:
Location: At the northeast corner of State Highway 130 and Williamson County Road 152, within the city limits of the City of Georgetown, Texas.
School District: Georgetown ISD
Fences:
Grasses:
Listing Price: $800,000 or $1.76 per Square foot.
County:
State:
Legal Description:
Trees:

Again, the information above is meant to be general in nature. For detailed information based on your specific financial circumstances, please contact Stuart Thompson directly at 512-355-2030 (office), 512-755-4848 (cell), or stuart@texasland.net

Secondarily, Bill Luedecke can also be reached at 512-577-1463.

Lange Property

Property is ideal for development being located on Shady Grove Road (Burnet County 200) just East of State 281 about a mile.

Size of Property: Approximately 26 acres
Topography:
Road Frontage: Paved Road frontage and additional land could be available.
Ad Valorem Taxes:
Water: Burnet City utilities are available across the road (subject to the city of Burnet approval).
City:
Broker Comments: This is perfect for an acreage subdivision (1-3 acres per lot).
Ground Water: Water well is already on the property.
Soil:
Location: Burnet County
School District:
Fences:
Grasses:
Listing Price: Priced at $15,000.00 per acre this is the real deal.
County: Burnet
State: Texas
Legal Description:
Trees: Property has Trees and pasture.

Hicks House

Beautiful remodel on hill outside the city of Burnet in a gated community. Refinished hardwood flooring, huge tiled family room with soaring rock fireplace, Gourmet kitchen, granite countertops with separate breakfast area, 2.5 baths, split three bedroom plan, large master bedroom and bath with walk-in closet. There are upgrades throughout. The focal private courtyard/patio is a built-in fire pit. Plus a two car garage with workshop area. This house is designed for entertaining. All on one acre with extra acreage available.

Property Details


Listing Price: $269,500
Address: 2005 East Hwy. 29, Burnet Texas
City: Burnet
State: Texas
ZIP: 78611
School District: Burnet
MLS # (if any): 114270
Acres (if any): one
Bedrooms: 3
Bathrooms: 2.5
Dining Room: 2
Number of living areas: 1
Porches: 2
Decks:

Property Photos


Financing

Before you begin looking for a new home, a second home, or an investment property, it is always a good idea to get prequalified by your lender (note: this is different than being preapproved).
Prequalification:
1. Saves you time – you don’t spend your time looking at homes that are out of your price range.
2. Gives you an advantage in the marketplace – many sellers will only allow their property to be shown to prequalified buyers.
The following information was provided by Shaun Monahan of JP Morgan Chase to help you understand what you may be asked for when going through the prequalification process. This information is based on Chase requirements and is meant to be basic and broad in nature. The only way to know how much, and at what rate you will qualify for, is to submit an application to determine your eligibility. If you would like to find out how much you qualify for contact Shaun at 503-997-0088 or Shaun.P.Monahan@Chase.com.

Your Credit Score Value Rating Paper Rating
720 and up Superior Rating A Paper
680 to 720 Excellent Rating A to B Paper
640 to 680 Very Good Rating B Paper
580 to 640 Good Rating Subprime
550 to 580 Fair Rating Subprime C
550 and below Imperfect Rating C Paper

The following list is for “A” paper (note: different guidelines apply to “B and C” credit)
• Conforming loan amount of up to $417,000 – 1st mortgage loan amount only (can also have a 2nd mortgage)

  • Can be owner or non-owner occupied
  • If owner occupied, must have 2 months PITI* reserves (Principal, Interest, Taxes, Insurance). This money can be gifted from a friend or relative, but is best if it can be shown as self-saved (seasoned).
  • If non-owner occupied, must have 6 months PITI* reserves. This money cannot be gifted!

• Non-conforming loan amount of +$417,000

  • Can be owner or non-owner occupied
  • If owner occupied, must have 4 months PITI* reserves (Principal, Interest, Taxes, Insurance). This money can be gifted from a friend or relative, but is best if it can be shown as self-saved (seasoned).
  • If non-owner occupied, must have 6 months PITI* reserves. This money cannot be gifted!

*Sources of PITI funds can be from any combination of these assets: checking/savings, 401K/IRA/SII, stocks/bonds, heloc, and basically anything that can be liquid should the need arise. This excludes credit cards!
What you need to know:
• Minimum required documentation for full doc loan (either initial loan or refinancing loans)

  • Last 2 yrs tax returns
  • Last 2 years W2/1099 Stubs
  • Last 2 months asset statements, all pages
  • Current home appraisal within last 6 months (we “Chase” need to order this appraisal)
  • Home owners insurance agent’s name & phone number
  • 2 yrs work history in the SAME field or relating to job
  • 2 yrs address history (does not have to be the same address)
  • 3 credit trade lines (credit cards, student loans, car loans, etc): 1 of them at least 24 months old for payment history

• If you’ve filed for bankruptcy (chapter 7 or 13)

  • It needs need to be seasoned at least 2 yrs
  • It cannot contain any Chase accounts in the bankruptcy, such as credit cards or mortgages
  • If you’re trying to refinance, current payments to bankruptcy trustee must be made on time and be current prior to pulling money from refinance
  • No late mortgage payments since filing
  • Credit Score of 620+ (this can vary on a loan amount greater than $417,000, and also depends on the loan program)
  • 2 yrs work history in the SAME field or relating to job
  • 2 yrs address history, does not have to be the same address
  • 3 credit trade lines (credit cards, student loans, car loans, etc): 1 of them at least 24 months old for payment history

Again, the information above is meant to be general in nature. For detailed information based on your specific financial circumstances, please contact Shaun Monahan directly at 503-997-0088 or Shaun.P.Monahan@Chase.com.