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Property profile & analytics
OFF-MARKET
Land

0 Cheyenne Horseshoe Bay, TX 78657

3.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.5-acre residential lot in Horseshoe Bay, Texas, presents a unique opportunity. Located at Cheyenne/Deep Shadows, zip code 78657, this property boasts a slightly sloping terrain ensuring excellent drainage. Zoned RES, it's ideally suited for subdivision into multiple lots, making it an attractive prospect for developers. Alternatively, its ample size allows for the creation of a substantial family compound, with space for amenities such as a swimming pool, tennis or pickleball court, and even a large garage. Existing infrastructure includes readily available water, sewer, and electric services along the lot line, simplifying development. The property borders a recently approved development, further enhancing its potential. The land's value is estimated at $187,770 - $187,850 per square foot. While some townhouse owners report a lake view from upper floors, this is not guaranteed for all parts of the property. Horseshoe Bay offers a desirable lifestyle with access to a full-service marina, fishing, water sports, community events, and a resort with amenities (membership required). This is a rare opportunity to acquire a substantial parcel in a highly sought-after location. The asking price for this 100% ownership opportunity is $289,000.

Property profile
Verified
Property type Land
Lot 3.5 ac (152,460 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
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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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