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Property profile & analytics
OFF-MARKET
Land

366 Leaning Madrone Dr Johnson City, TX 78636

5.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.01-acre lot in the gated Legacy Hills community of Johnson City, Texas (78636), presents a unique opportunity to build your dream home. Priced at $432,000, this cleared lot boasts mature oak trees and is ready for construction. Two sets of home plans are included, catering to diverse architectural preferences. The property adheres to a 2,000 sq ft minimum home size, ensuring high-quality construction within the HOA-managed community. All necessary groundwork has been completed, including completed surveys (septic and title), three well estimates, and a propane estimate. Electricity is already on-site; well and septic installation are required. Enjoy the benefits of an agricultural exempt tax rate and the serene Hill Country setting, while remaining conveniently close to Dripping Springs and Austin. Dripping Springs offers various dining and entertainment options, including breweries, distilleries, and restaurants. Austin-Bergstrom International Airport is less than an hour away. This is an exceptional opportunity to create your ideal Hill Country retreat.

Property profile
Verified
Property type Land
Lot 5.01 ac (218,236 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
AI Approach AI
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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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