20406 Earhart Lane B DR, Lago Vista TX 78645

$ 475,000
20406 Earhart Lane B DR, Lago Vista TX 78645,

Overview

  • Property ID
  • 2711981
  • 1 ac

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.

Property Id : 2711981
Price: $ 475,000
Property Lot Size: 1 ac
Syndication Remarks: 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.
Parking Features: See Remarks
Lot Size(acres): 1
Lot Size(sf): 43560
Country: US
Last Listing Change: 2026-02-13T16:36:38.207Z
Status Contractual Search Date: 2026-02-11
Listing Key Numeric: 217042517
Est. Taxes: 0
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: See Remarks
#Photos: 6
State: TX
Last Status Change: February 13, 2026 at 04:36pm
Street Name: Earhart Lane B
Street# Ext.: 20406
Street#: 20406
Street Suffix: DR
Option Period End Date: 2026-02-16T06:00:00.000Z
$/Building Area: 128.38
Tentative Close Date: 2026-03-06T06:00:00.000Z
Accessibility Features: Accessible Closets, Common Area, Accessible Doors
Building Area Total: 3700
Building Features: See Remarks
Construction Materials: Metal Siding
Cooling: Other
Current Use: Vacant, Other
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
Flooring: Concrete
Heating: See Remarks
Listing ID: 1376129
Listing Terms: Cash
MLS Area Major: LN
Status: Active Under Contract
#Buildings: 1
Off Mkt Date: 2026-02-11
Other Structures: None
Parcel#: 20406 Earhart Lane B
Possession: Close Of Escrow
Property Condition: Resale
Sewer: Septic Tank
Special Listing Conditions: See Remarks
Utilities: None
Water Source: See Remarks
Year Built: 1981
$ 3,252.90
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,401.86
Thu 26 Feb
Fri 27 Feb
Sat 28 Feb
Sun 01 Mar
Mon 02 Mar
Tue 03 Mar
Wed 04 Mar
Thu 05 Mar
Fri 06 Mar
Sat 07 Mar
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA