104 Oak Ct Johnson City, TX 78636
This exceptional 4.01-acre property boasts prime highway frontage on U.S. Highway 281 in Johnson City, Texas. Located in the picturesque Texas Hill Country, this land offers unparalleled versatility. Its strategic location provides high visibility and easy access, making it ideal for a variety of commercial ventures, from a bed and breakfast to a larger-scale commercial development. Alternatively, the mature native trees and private setting create an idyllic location for a spacious residential estate. The property includes an existing two-bedroom, one-bathroom home, although it is in need of significant renovation and is being sold "as is," with no value added for the existing structure. Utilities are readily available on-site. The property's 78636 zip code places it within Blanco County, offering a blend of rural tranquility and convenient access to Johnson City's amenities. This 104 Oak Ct. address presents a unique investment opportunity in a growing community, promising substantial returns for the discerning buyer. The expansive lot size allows for extensive development possibilities, catering to a wide range of commercial or residential projects. Don't miss this chance to acquire a remarkable piece of Texas Hill Country real estate with exceptional highway visibility. Asking price is $325,000.
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
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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.