20406 Earhart Lane B DR

20406 Earhart Lane B DR, Lago Vista, TX 78645

$475,000

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.

3,700 Sq.Ft. LIVING AREA

1 Acres lot

Andra Cortez Jackson

title Realtor®
PHONE (512) 565-8448
EMAIL [email protected]
DRE # 642309

Features & Amenities

Interior

Flooring Concrete

Area & Lot

Status For Sale
Living Area3,700 Sq.Ft.
Total Area3,700 Sq.Ft.
Lot Area1 Acres
MLS® ID1376129
TypeCommercial
YEAR BUILT1981

Exterior

water SourceSee Remarks
utilitiesNone
parkingSee Remarks
HEAT TYPESee Remarks
AIR CONDITIONINGOther
sewerSeptic Tank
Disability FeaturesAccessible Closets, Common Area, Accessible Doors

Financial

Sales Price$475,000

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