TBD949 Feather Bay Dr Brownwood, TX 76801
This exceptional 0.3-acre commercial lot, located at TBD949 Feather Bay Dr, Brownwood, TX 76801, presents a unique investment opportunity within the prestigious Kings Point Cove Subdivision Unit 3. Situated near Lake Brownwood in Central Texas, this mostly level lot boasts paved road frontage and readily available utilities. Enjoy the convenience of being close to the 18-hole championship Hideout Golf Course, with the added benefit of four complimentary rounds of golf per month included in the ownership. The property is part of a vibrant resort community offering an extensive array of amenities, including two swimming pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, a resort lodge with restaurant, an RV park, cabins, and more. A private community boat dock on Lake Brownwood is under development, providing future access to additional recreational activities. This interior lot features nice trees and is an ideal location for those seeking a blend of recreational opportunities and investment potential within a well-established and amenity-rich community. Reduced rates are available for the RV park, cabins, and ranch house.
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
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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.