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Property profile & analytics
OFF-MARKET
Commercial real estate

518 Sunset Dr Johnson City, TX 78636

5.45 ac lot
Property ID
US82-7157000
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 5.45 ac (237,402 SF)
UPID US82-7157000
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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