1545 Lcr 117 Colorado City, TX 79525
Own a piece of Texas tranquility with these exceptional lake view lots located on the eastern side of Lake Champion Creek Reservoir, just five miles south of Colorado City. These peaceful properties offer breathtaking views and easy access to a variety of recreational activities, including hunting, fishing, and birdwatching. Each lot is approximately one acre, providing ample space for building your dream home or weekend getaway. There's also the option to combine multiple lots for even larger acreage, catering to various needs and preferences. The lots are conveniently situated bordering Mitchell County Road 117 and 123, ensuring easy access and convenient location. Enjoy the serenity of the natural surroundings while still being within a reasonable distance to the amenities of Colorado City. This is a unique opportunity to own a piece of Texas lakefront property, perfect for those seeking a peaceful retreat or a prime investment opportunity. The property is zoned residential and offers the potential for building a custom home, a vacation cabin, or simply enjoying the land as is. Don't miss out on this chance to own a piece of this beautiful Texas landscape.
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
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.