818 And 819Feather Bay Dr Lake Brownwood, TX 76801
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.
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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No recorded transactions found for this property.
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Risks
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