$2,500,000
Active

20406 Earhart Ln

Lago Vista, TX
Browse 6 photos
Type:Multi-Family
Structure:Land
Zone:Commercial

Description

A very rare opportunity to own a golf course in Lago Vista, Texas with premier views of Lake Travis spanning across the course. Lake Travis is a reservoir on the Colorado River well known for its outdoor recreation activities/opportunities, including fishing, boating, wakeboarding, swimming, scuba diving, picnicking, camping, and zip lining. Lago Vista was originally founded as a golf resort community consisting of second homes and a family vacation destination. It is rapidly developing into a primary residence with the influx of young families choosing excellent schools, low crime rates, and POA-owned amenities (lakefront parks, tennis courts, baseball fields, and hiking trails). Point Venture, The Hollows, Travisso, and Highland Lake Estates are some of the most notable nearby neighborhoods.

The owner is currently repairing the fairways and greens, with the intent of having the golf course in full operation by the end of the year. The purchase price includes 42 golf carts (30 brand new and 12 older). Meanwhile, the golf course is operating as disc golf with substantial revenue. Disc golf has seen massive during the pandemic. The Professional Disc Golf Association experienced an 84% growth in new members and a 33% growth in total active members in the first nine months of 2021.

The golf course is approximately 2.5 miles from the Lago Vista High School. It is approximately 38.6 miles (46 minutes) to downtown Austin, TX. There are 180+ vacant/under constructions lots and 250+ single-family residential homes directly on the golf course.

  • Property Details
      • Acres111.75
  • Construction Details
      • Property TypeInvestment

Location

Javier Landin-AvilesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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