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Property profile & analytics
OFF-MARKET
Land

48 Bear Path Way Lake Brownwood, TX 76801

0.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.25-acre commercial lot, located at Lot 48 Bear Path Way in Brownwood, Texas (zip code 76801), presents a unique investment opportunity. Situated just minutes from the vibrant city of Brownwood and offering direct access to the prestigious Kings Point Cove and the Hideout Golf Club, this property is ideal for various commercial ventures. The Hideout Golf Club, an 18-hole championship course designed by Bill Johnston, provides a challenging yet enjoyable golfing experience for players of all skill levels, complete with a putting green, driving range, and pro shop. The accompanying Lodge at the Hideout, opened in 2014, offers versatile event space perfect for weddings, reunions, and corporate meetings, along with guest rooms and cabins for rent, and a restaurant serving lunch and dinner. Kings Point Cove Resort boasts a range of amenities, including an infinity pool, hot tub, and a recently added RV camping area with hookups and grills. Lake Brownwood, a 7300-surface-acre reservoir, offers abundant recreational opportunities such as fishing (bass, crappie, catfish, etc.), boating, water skiing, and jet skiing. The property's proximity to Brownwood and its exceptional recreational amenities make it an attractive investment for those seeking a commercial venture in a desirable Texas Hill Country location. The asking price for this remarkable property is $20,000.

Property profile
Verified
Property type Land
Lot 0.25 ac (10,890 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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