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    103 Falcon Dr Brownwood, TX 76801

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    For Sale
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    Prime Golf Course Lot, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    Invest in this exceptional 0.29-acre commercial lot (Lot 103) nestled within the prestigious Kings Point Cove Resort Community in Brownwood, Texas, zip code 76801. Located on Falcon Drive, this interior lot boasts approximately 62 feet of road frontage and offers a relatively level building site. Its prime location backs directly onto the 16th tee box of the Hideout Golf Course, providing stunning views and a tranquil setting. Currently awaiting the installation of streets and utilities, this property presents a unique opportunity for development. Ownership includes four complimentary rounds of golf per month on the 18-hole championship course, along with discounted rates at the RV park, cabins, and ranch house. Residents enjoy unparalleled 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, restaurant, and more. Future plans include a private community boat dock on Lake Brownwood, further enhancing recreational opportunities. This is a remarkable investment in a thriving resort community near Lake Brownwood, offering both recreational and commercial potential. The lot is situated in Brown County and its coordinates are 31.8134415 latitude and -99.0390483 longitude. Mature trees add to the property's appeal.

    Property Features for 103 Falcon Dr

    General Information

    Property type
    Land
    Lot Size
    12,632 SF

    HighLights

    • 0.29‑acre commercial lot in the Kings Point Cove Resort Community, Brownwood, TX.
    • Backs to the 16th tee of the Hideout Golf Course.
    • Includes four complimentary monthly rounds of golf.
    • Resort amenities include pools, hot tub, playgrounds, and more.
    • Interior lot with approximately 62 feet of road frontage.
    • Near Lake Brownwood.
    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 - Prime Golf Course Lot, Texas
    Where is this land located?
    The property is located at 103 Falcon Dr Brownwood, TX.
    What is the asking price?
    The asking price for this property is $14,000.
    What are key features of this property?
    This property features: 0.29-acre commercial lot in the Kings Point Cove Resort Community, Brownwood, TX.; Backs to the 16th tee of the Hideout Golf Course.; Includes four complimentary monthly rounds of golf.
    (325) 647-3254
    Request Owner's contact information
    103 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

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    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.

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    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
    103 Falcon Dr Brownwood, TX 76801
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