366 Leaning Madrone Dr Johnson City, TX 78636
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.