Property profile

98 Mallard Loop Laredo, TX 76801

OFF-MARKET
Land
0.64 ac lot
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Property summary

AI-generated overview

Exceptional commercial land opportunity awaits at 98 Mallard Loop, Laredo, Texas. This 0.639-acre lot is situated in the prestigious Kings Point Cove Resort Community on the shores of Lake Brownwood. Enjoy approximately 71 feet of lake frontage, offering stunning views and direct access to the water. The slightly sloped lot is ready for development, although a septic system will be required. Water and electric are conveniently available. This interior lot boasts a desirable location near the golf course, providing easy access to recreational amenities. The purchase includes four complimentary rounds of golf per month at the 18-hole championship Hideout Golf Course, along with discounted rates for the RV park, cabins, and ranch house. Residents enjoy unlimited access to a wealth of resort amenities, including two swimming pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, resort lodge, and restaurant. Future plans include a private community boat dock on Lake Brownwood, further enhancing recreational opportunities. The property is priced at $189,000. Don't miss this chance to own a piece of this thriving resort community.

Property profile

Verified
Property type Land
Lot 0.64 ac (27,835 SF)

Cap rate & NOI

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

Location

98 Mallard Loop Laredo, TX 76801
Laredo metro
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Value estimations

Realmo proprietary · 4 methods
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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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