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$ 475,000
Est. payment /mo
New
20406 Earhart Lane B DR Lago Vista, TX 78645
3,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $128
Subdivision Highland Lake Estates Sec 05
MLS Listing ID 1376129
Year Built 1981
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Mixed Use
Source actris
Property Description
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.
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.
Location
State TX
County Travis
Area Ln
Interior
Heating See Remarks
Cooling See Remarks
Flooring Concrete
Fireplace N
Exterior
Utilities Available None
Accessibility Accessible Closets, Common Area, Accessible Doors
Total Parking Spaces 25
Building
Sewer Septic Tank
Water See Remarks
Structure Type Metal Siding
New Construction No
Others
Restrictions None
Acceptable Financing Cash
Tax Rate 2.2
Listing Terms Cash
Special Listing Condition See Remarks
Listed by Team West Real Estate LLC • Andra Jackson