194 Carie Dr Brownwood, TX 76801
This exceptional .397-acre commercial lot, situated on Carie Drive in the prestigious Kings Point Cove Resort Community near Lake Brownwood, Texas, presents a unique investment opportunity. Located within a mile of the Hideout Golf Course and Lake Brownwood, this interior lot boasts approximately 74 feet of road frontage and a gentle slope towards the north, offering beautiful views. Currently awaiting street and utility installation, this property is ideal for development within a thriving resort community. Ownership includes four complimentary rounds of golf per month at the 18-hole championship Hideout Golf Course, along with discounted rates at the RV park, cabins, and ranch house. Residents enjoy unlimited access to an array 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, providing additional recreational opportunities. The lot features mature oak trees and is part of a community with a clubhouse and pool. This is a remarkable investment in a desirable location with exceptional recreational benefits. The asking price is $15,500. The property is located 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
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Property description
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