20406 earhart lane b dr

Lago Vista, TX 78645

2.03 AC LOT
Commercial - Mixed Use
Image 1
Acreage 2.032
Status Off Market
MLS # 1376129
County Travis
More Info
Category Commercial - Mixed Use
Status Off Market
Acreage 2.032
MLS # 1376129
County Travis
Possible Development Opportunity – 1 Acre with 3,700 SF Clubhouse Offered for sale is a 1-acre parcel with an existing 3,700 sq ft clubhouse/building, to be subdivided from a 111-acre golf course. The property allows for multiple uses without re-zoning, including but not limited to: Restaurant Bar / Lounge Retail Storage Equipment maintenance–related uses Other compatible commercial uses Investment Highlights: Optional buy-back opportunity at $600,000 in 2 years Lease-back available at $4,000/month Net Operating Income (NOI): $42,000 Seller pays expenses 10.1% Cap Rate Strong income potential with flexible exit options makes this an attractive opportunity for investors or owner-users. Please see attachments for additional details and call for more information.

Exterior Features

  • Construction Single Family
  • Garage No
  • Garage Description See Remarks
  • Water See Remarks
  • Sewer Septic Tank

Interior Features

  • Heating See Remarks
  • Cooling Other
  • Year Built 1981

Neighborhood & Schools

  • Subdivision Highland Lake Estates Sec 05

Financial Information

  • Parcel ID 20406 Earhart Lane B

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.