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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges

TBD949 Feather Bay Dr Brownwood, TX 76801

0.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Golf courses & driving ranges
Lot 0.3 ac (13,068 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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