518 Sunset Dr Johnson City, TX 78636
This exceptional 5.45-acre commercial lot, located at 518 Sunset in Johnson City, Texas (zip code 78636), presents a unique investment opportunity. Situated within the gated community of The Preserve at Walnut Springs, this property boasts unparalleled 360-degree views of the rolling Texas Hill Country from its elevated position of over 1,800 feet, one of the highest points in Blanco County. The lot offers a level building site, ideal for development, and is relatively open with mature oak trees scattered throughout. The Preserve at Walnut Springs is a pristine 2,000-acre ranch featuring an array of amenities including six ponds, two natural springs, a spring-fed swimming hole, and 22 miles of hiking, biking, and horseback riding trails. Community amenities also include a community-wide agricultural exemption, an on-site concierge service, a clubhouse, a swimming pool, tennis courts, a sports court, a putting green, and an equestrian center complete with stalls and a covered arena. The property's convenient location near Johnson City provides easy access to local services and attractions. This is an exceptional opportunity to acquire a substantial commercial lot in a highly desirable and amenity-rich community. The asking price for this remarkable property is $545,000.
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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