380 Feather Bay Dr Brownwood, TX 76801
This 0.27-acre commercial lot, located at 380 Feather Bay Drive in Brownwood, Texas (zip code 76801), presents a unique investment opportunity within the prestigious King's Point Cove Resort community. Situated near Lake Brownwood and the Hideout Golf Club, this interior lot boasts mature trees and paved road frontage. Utilities are readily available, making it build-ready. The property offers exceptional amenities, including access to two pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, resort lodge, restaurant, RV park, and cabins. Four complimentary rounds of golf per month on the 18-hole Hideout Golf Course are included, along with one free week at the RV park. Future plans include a private community boat dock on Lake Brownwood. This prime location provides easy access to a variety of recreational activities and the convenience of a thriving resort community. The asking price for this exceptional property is $10,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.