Lago Vista, TX 78645,20406 Earhart Lane B DR
Lago Vista, TX 78645,20406 Earhart Lane B DR
Lago Vista, TX 78645,20406 Earhart Lane B DR
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Jaymes Willoughby Team

Jaymes Willoughby Team

+1(512) 308-3244
$475,000
Est. payment /mo
3,700 SqFt
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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.

Location

State TX

County Travis

Interior

Heating See Remarks

Cooling See Remarks

Flooring Concrete

Fireplace No

Exterior

Utilities Available None

Total Parking Spaces 25

Building

Sewer Septic Tank

Water See Remarks

Structure Type Metal Siding

New Construction No

Others

Special Listing Condition See Remarks


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Listed by Team West Real Estate LLC

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