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    TBD167 Falcon Dr Brownwood, TX 76801

    For Sale
    Contact for pricing

    Texas Lakefront Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.53-acre commercial lot, located at TBD167 Falcon Dr, Brownwood, TX 76801, presents a unique investment opportunity within the prestigious Kings Point Cove Resort community. Situated near Lake Brownwood in Central Texas, this mostly level lot features mature trees and is conveniently located in the Feather Bay Subdivision Phase II, offering easy access to the Hideout Golf Club. While utilities are not yet available, ownership includes four complimentary rounds of golf per month at the 18-hole Hideout golf course. Residents enjoy unlimited access to a wealth of amenities, including two swimming pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, resort lodge, RV park, cabins, and more. A private community boat dock is nearing completion. The lot is an interior lot with dirt road frontage, making it an ideal investment in a thriving resort community. This property offers a blend of recreational and commercial potential, situated near the golf course and centrally located within the subdivision.

    Property Features for TBD167 Falcon Dr

    General Information

    Property type
    Land
    Lot Size
    23,087 SF

    HighLights

    • Interior lot with mature landscaping.
    • Mature trees provide shade and curb appeal.
    • Membership to the golf course is included.
    • Located within a desirable resort community.
    • Frontage on a private dirt road.
    • Excellent investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brownwood
    County
    Brown
    State
    Texas
    Longitude
    -99.0390483
    Latitude
    31.8134415

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    FAQs

    What type of property is this?
    Land - Texas Lakefront Investment Opportunity
    Where is this land located?
    The property is located at TBD167 Falcon Dr Brownwood, TX.
    What is the asking price?
    The asking price for this property is $18,000.
    What are key features of this property?
    This property features: Interior lot with mature landscaping.; Mature trees provide shade and curb appeal.; Membership to the golf course is included.
    (325) 647-3254
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    TBD167 Falcon Dr Brownwood, TX 76801
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    Realmo Value Estimation

    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.

    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.

    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
    TBD167 Falcon Dr Brownwood, TX 76801
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