4220 Apache Dr May, TX 76857
This 0.23-acre commercial land parcel is located at 4220 Apache Dr, May, TX 76857, in Brown County. Priced at $162,000, this property presents a unique investment opportunity. The land's proximity to Lake Brownwood offers exceptional potential for various commercial ventures, including but not limited to, bed and breakfasts, recreational property development, or investment properties targeting the lakefront lifestyle. The existing 1,344 square foot residence, while not the focus of this land sale, could be repurposed or renovated to suit a commercial use. The property's location provides access to HOA amenities, including a boat ramp, dock, and swimming pool, adding further value and appeal. This prime commercial land offers a blend of lake living and business potential, making it an attractive investment in a desirable Texas location. The property is zoned for commercial use (verification required by buyer). Serious inquiries only.
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
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.