48 Bear Path Way Lake Brownwood, TX 76801
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.