About this home

HOME + NEARLY 9 ACRES + 9 ADDITIONAL LOTS - A RARE BURNET OPPORTUNITY! Looking for acreage, privacy and opportunity without giving up the convenience of town? 505 Chisum Trail offers a unique combination of an established 3-bedroom, 2-bath home and approximately 8.97 total acres in Burnet, Texas. The home offers 1,486 square feet of comfortable living space, a 2-car garage, metal roof, covered porches, fenced grounds and beautiful Hill Country views. The property provides plenty of room for a garden, workshop, or simply enjoying the privacy and open space that make Hill Country living so desirable. But the acreage is what truly sets this property apart. The home sits on approximately 1.44 acres, while an additional approximately 7.53 acres is divided into 9 separate lots ranging from approximately .67 to 1.16 acres. This creates an exceptional opportunity for a buyer looking for additional land, an investment property, future possibilities or simply the flexibility that comes with owning multiple parcels. Located within Burnet's ETJ and just minutes from town, the property offers the best of both worlds - a peaceful Hill Country setting with convenient access to Burnet amenities. Whether you're searching for a private homestead, room for your animals and hobbies, additional land to hold, or an opportunity to explore the potential of the additional parcels, 505 Chisum Trail deserves a closer look. Buyer to independently verify all information regarding zoning, restrictions, utilities, access, subdivision status, development potential and permitted uses of the additional parcels.

Facts and features

Schools

• Burnet Middle School

  middle · 6-8 · 1.7 mi

  5

• Rj Richey Elementary School

  elementary · 3-5 · 1.9 mi

  4

• Burnet High School

  high · 9-12 · 2.0 mi

  6

• Burnet Elementary School

  elementary · K-2 · 2.4 mi

• Halbert Unit

  elementary · 1.7 mi

• Quest High School

  high · 9-12 · 1.8 mi

  1

Price history

• Aug 29, 2026 · Price Changed$687,500
• Jul 9, 2026 · Listed$690,000
• Dec 7, 2015 · Sold—
• Aug 10, 2015 · Listing Removed$139,900
• Jul 15, 2015 · Listed$139,900

Tax history

• 2026$6,012 tax · $460,063 assessed
• 2025$3,269 tax · $249,304 assessed
• 2024$2,972 tax · $226,640 assessed
• 2023$5,806 tax · $187,305 assessed
• 2022$5,051 tax · $170,277 assessed
• 2021$2,946 tax · $154,797 assessed
• 2020$2,604 tax · $146,568 assessed
• 2019$2,707 tax · $133,244 assessed

Home value

$667,291

• Quantarium$667,291
• Cotality$642,900
• Collateral Analytics$681,000

Where it is