Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd Lot 196 Carie Drive Brownwood, TX 76801

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Unimproved Land - Brownwood, TX

    Type:Unimproved Land
    Lot size:
    0.59 Acres
    Added:
    Feb 28, 2025
    Days on Market:
    413
    Last Refresh:
    Apr 17 at 3:06 am

    Property Features for Tbd Lot 196 Carie Drive

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000020015542
    Lot size
    0.59 Acres

    Taxes and HOA fees

    Expense value
    153
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jordan Barton

    Listing agent Jordan Barton License #0769808

    Listing office Turnkey Realty LLC 113 Baker St, Odessa, TX

    Listing date Feb 28, 2025

    MLS# 20530933 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake View Lot in Brownwood

    This is an unimproved lot offering an elevated view of Lake Brownwood. The 0.594-acre lot is located inside the Hideout resort, and purchase includes full access rights to the amenities afforded to landowners of the Hideout. These amenities include 4 rounds of complimentary golf each month, stay-and-play benefits, access to the pool and cabana area, exclusive social events, and the on-site restaurant. This property is located in Brownwood, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Brownwood
    County
    Brown
    State
    Texas
    Longitude
    -99.0509207
    Latitude
    31.8163605

    Nearby Similar for Sale

    • $114,000

      Versatile Commercial Building in Brownwood

      Adaptable commercial property suitable for medical, office, or retail use.
      2408 Coggin Avenue, Brownwood, TX 76801
      View Details
    • $317,900

      Brownwood Industrial Building on Large Lots

      2400 sq ft commercial building on .92 acres.
      1301 Burney Drive, Brownwood, TX 76801
      View Details
    • $179,000

      Remodeled Commercial Building with Drive-Through

      2,400 sq ft Brownwood building ideal for retail/food service.
      2810 4th Street, Brownwood, TX 76801
      View Details
    • $400,000

      Boutique Coffee & Sandwich Shop

      Charming coffee and sandwich shop in high-traffic location.
      1017 Austin Avenue, Brownwood, TX 76801
      View Details
    • $195,000

      Versatile Building in Brownwood, Texas

      Adaptable 10,000+ sq ft building with redevelopment potential.
      2719 Austin Avenue, Brownwood, TX 76801
      View Details
    • $165,000

      Commercial Property in Excellent Condition

      Commercial property with ample parking and recent renovations in Brownwood.
      2218 Brown Street, Brownwood, TX 76801
      View Details
    • $899,000

      Cash-Flowing Downtown Brownwood Apartment Building

      10-unit apartment building in downtown Brownwood, 100% occupied.
      401 Main Street, Brownwood, TX 76801
      View Details
    • $695,000

      Historical Downtown Brownwood Restaurant/Bar

      Well-preserved historical property in revitalizing downtown Brownwood, Texas.
      102a Fisk Avenue, Brownwood, TX 76801
      View Details
    • $1,650,000

      Brownwood Hotel/Motel Investment Opportunity

      56-room hotel with growth potential in Brownwood, Texas.
      4410 Highway 377 S, Brownwood, TX 76801
      View Details
    • $3,500,000
      6,354 SF

      Iconic Restaurant Turnkey Opportunity

      Established restaurant with drive-thru, recipes, staff, and training included.
      4412 S Hwy 377, Brownwood, TX 76801
      View Details
    • $335,000
      1,900 SF

      Secluded Brownwood Farmhouse on Acreage

      Charming 3-bedroom home on 12 acres with ponds and amenities.
      11950 County Road 105, Brownwood, TX 76801
      View Details
    • $433,000
      2,747 SF

      Spacious Ranch with Guest House

      9.33-acre ranch featuring a main house and guest house.
      1115 County Road 147, Brownwood, TX 76801
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved lot with lake view and resort amenities access.
    Where is this land located?
    The property is located at Tbd Lot 196 Carie Drive Brownwood, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Elevated view of Lake Brownwood.; Full access to Hideout resort amenities.; Enjoy 4 complimentary rounds of golf each month.
    (325) 430-2411
    We can help!
    Listing Contact
    Jordan Barton
    Real Estate License ID: 0769808
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!