Property profile

0 Carnes Cp Brownwood, TX 76801

OFF-MARKET
Land
12 ac lot
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Property summary

AI-generated overview

This unique 12-acre property in Brownwood, Texas, presents a lucrative investment opportunity. Located on Lake Brownwood with 1000 feet of shoreline, it features a profitable reunion camp capable of accommodating up to 75 guests. The camp includes over 5000 square feet of space in four buildings, a large meeting hall with a kitchen for up to 100 people, and three RV spots. Ten acres are zoned residential and ag-exempt, while two acres are designated for commercial use. The property boasts numerous mature trees, landscaping, and a covered boat dock. All appliances and most furnishings, along with a boat, paddleboats, and a large BBQ smoker, are included in the sale. Currently operating only 4-6 weekends annually, generating $2,500 per weekend, this property offers significant potential for increased income by expanding rental periods. The property's location on Lake Brownwood, a popular recreational destination in West Texas, provides easy access to marinas, dining, entertainment, and various recreational activities. This is a rare chance to acquire a well-established, income-generating waterfront property with substantial growth potential. The asking price is $999,999.

Property profile

Verified
Property type Land
Lot 12 ac (522,720 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Carnes Cp Brownwood, TX 76801
Brownwood metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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