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Property profile & analytics
OFF-MARKET
Land

818 And 819Feather Bay Dr Lake Brownwood, TX 76801

0.56 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.56-acre commercial lot, located at 818 and 819 Feather Bay Drive in the Kings Point Cove Resort Community near Lake Brownwood, Texas, presents a unique investment opportunity. Situated on a paved road with utilities readily available, this interior lot boasts a relatively level terrain and attractive views. The property includes membership benefits such as four complimentary rounds of golf per month at the 18-hole Hideout golf course, one free week of RV park usage, and unrestricted access to a wide array of resort amenities. These amenities encompass 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. Future plans include a private community boat dock on Lake Brownwood, further enhancing recreational possibilities. The lot is adorned with mature oak trees, adding to its natural beauty and appeal. This property is priced at $15,000 and is zoned for commercial use. The zip code is 76801, located in Brown County, Texas.

Property profile
Verified
Property type Land
Lot 0.56 ac (24,394 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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