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Property profile & analytics
OFF-MARKET
Land

782 Feather Bay Dr Brownwood, TX 76801

0.81 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.81 ac (35,284 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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