257 Feather Bay Dr Brownwood, TX 76801
This exceptional 0.437-acre lot in Brownwood, Texas, presents a unique investment opportunity. Situated on Feather Bay Drive near hole 14 of the Hideout Golf Course, it boasts stunning views of Lake Brownwood. The relatively level lot features a picturesque steep drop at the rear, enhancing the lake vista. Mature oak trees provide ample shade. Ownership includes four complimentary rounds of golf per month on the 18-hole course, plus unlimited access to a wealth of amenities. These include two swimming pools, a hot tub, two playgrounds, a sand volleyball court, driving range, putting green, fishing pond, resort lodge, RV park, and cabins. A private community boat dock on Lake Brownwood is nearing completion. This property is ideal for recreational use, retirement, or as a lucrative investment, combining the allure of lakefront living with the benefits of a premier golf course community. The property is located in Brown County, Texas, zip code 76801.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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
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