Burnet County

TexasPopulation: 49,684
41
/100
Avoid
#743 of 1,000 counties
#201 in Texas (243 counties)
Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring
Updated September 21, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$422,663
Median Home Price
84% above national median
$1,531/mo
Median Rent
6% above national median
4.35%
Rent-to-Price Ratio
Top 89% nationally
-$1,220
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Scenario comparison

Same $1,531/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.
ScenarioPurchase priceMonthly cash flowCap rateCash-on-cash
75% of median
value-add or distressed
$316,997-$666/mo3.8%-11.0%
Median
typical MLS deal
$422,663-$1,220/mo2.8%-15.1%
125% of median
newer / premium
$528,328-$1,774/mo2.3%-17.5%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$422,663
Down Payment (20%)$84,533
Loan Amount$338,130
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,531
Monthly P&I-$2,216
Est. Expenses (35%)-$536
Net Cash Flow-$1,220/mo
2.8%
Cap Rate (all cash)
-15.1%
Cash-on-Cash Return
4.35%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 2.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Score Breakdown

Overall Investment Score
41/100
41
Cash Flow(30%)
35/100

Based on 4.35% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
39/100

Based on -2.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
40/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Below-average rent-to-price ratio (4.35%)
  • -Declining home values (-2.1% YoY)
  • -Negative cash flow at typical financing (-$1,220/mo)
  • -Negative leverage (cap rate 2.8% < mortgage rate 6.9%)

Economic Indicators

Population
49,684
Median Income
Data pending
Unemployment Rate
Data pending
Price-to-Income
Data pending

Who this market fits

Best for
  • +All-cash buyers: removing debt service flips the cap rate to actual yield
Skip if
  • You need positive cash flow on day one at typical leverage
  • You can't tolerate negative leverage (cap rate below mortgage rate today)
  • You expect appreciation to carry the deal, but prices have declined year over year
  • You want a market with broad institutional consensus on fundamentals

Compare to Nearby Counties

CountyVerdict
ShackelfordTX
44$148,074Est. pendingAvoidView
BanderaTX
44$329,463Est. pendingAvoidView
WillacyTX
42$169,393Est. pendingAvoidView
CampTX
42$208,864Est. pendingAvoidView
CurrentBurnetTX
41$422,663$1,5314.35%Avoid
RealTX
38$273,282Est. pendingAvoidView

Section 8 in Burnet County: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.

The Bottom Line

AvoidBurnet may be challenging for traditional rentals. High prices or low rents make cash flow difficult.

Burnet County in Texas scores 41/100, ranking #743 of 1,000 US counties (top 95%). At 20% down and current rates, a median-priced rental loses about $1220/month; the 4.35% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow
$-1,220/mo
Cap Rate
2.8%
Cash-on-Cash
-15.1%

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