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Property profile & analytics
OFF-MARKET
Land

TBD59 Falcon Dr Brownwood, TX 76801

0.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .26-acre commercial lot, located at TBD59 Falcon Dr, Brownwood, TX 76801, presents a unique investment opportunity within the prestigious Kings Point Cove Resort community. Situated in the Feather Bay Subdivision Phase II, this interior lot boasts mature trees and a mostly level terrain. Enjoy the convenience of its location adjacent to the Hideout Golf Club, offering unparalleled access to a vibrant resort lifestyle. While utilities are not yet available, ownership unlocks exclusive privileges, including four complimentary rounds of golf per month on the 18-hole course. Residents also enjoy unlimited access to a wealth of amenities: two swimming pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, resort lodge, RV park, cabins, and more. A private community boat dock is nearing completion. This property offers a blend of recreational advantages and commercial development potential within a thriving lakeside community near Lake Brownwood in Central Texas. The lot's desirable location and the resort's extensive amenities make it an attractive investment opportunity.

Property profile
Verified
Property type Land
Lot 0.26 ac (11,326 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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