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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.

Contact Agent

Col Realty

(512) 699-3810

📞 Call 💬 Text ✉️ Email

Property Details

Status	Active
MLS #	ACT217042517
Type	Commercial Sale
Year Built	1981
Living Area	3,700 Sq. Ft.
Lot Size	2.03 AC / 88,513 SF
County	Travis
Subdivision	Highland Lake Estates Sec 05

Property Information

Parking

See Remarks

Utilities & Construction

Heat: See RemarksAC: See RemarksConcrete

Directions: Head southeast on Old Hwy 183 toward Brushy Creek Rd Take Ranch Rd 1431 W and Lohman Ford Rd to Boggy Ford Rd in Lago Vista Follow Boggy Ford Rd and Highland Lake Dr to Earhart Ln in Lago Vista 20406 Earhart Ln Lago Vista, TX 78645