782 Feather Bay Dr Brownwood, TX 76801
This exceptional 0.81-acre commercial lot, located at 782 Feather Bay Drive in Brownwood, Texas, presents a unique investment opportunity within the prestigious King's Point Cove Resort Community. Situated near Lake Brownwood, this interior lot boasts a relatively level terrain and offers stunning southern views thanks to a large ranch bordering the property. The lot features mature oak trees and is conveniently located on a paved road with readily available utilities, making it build-ready. The purchase includes exclusive access to an array of resort amenities, including two swimming pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, resort lodge, restaurant, RV park, and cabins. Four complimentary rounds of golf per month on the 18-hole Hideout Golf Course and one free week at the RV park are also included. Future plans for a private community boat dock on Lake Brownwood promise even greater recreational opportunities. This property is ideal for developers seeking to capitalize on the thriving resort community and its abundant amenities. The asking price is $29,000. The property is in Brown County, Texas, zip code 76801.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.