$1,750,000
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TBD Oak Point Drive May, TX 76857
81 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Woodbridge Estates, Phase One
MLS Listing ID 20564819
Sold Date 08/23/24
HOA Fees $57/ann
HOA Y/N Mandatory
Annual Tax Amount $12,441
Lot Size 81.000 Acres
Acres 81.0
Property Description
31 platted waterfront lots with over 3,000 feet of lake frontage on 81+ acres at Lake Brownwood. Dockable water on most lots. Perfect for developer or builder. Property is inside the gated Oak Point community. Lake front lots average .87 acres & can be combined. Included is an additional 54+ undeveloped acres that can be platted into as many as 90+ lots. Alternatively divide the acreage up into bigger lots to create your own lake retreat. Community amenities include 2 boat ramps, dock, beach, parks, & internet enabled limited access gate for privacy. Lots of local wildlife. Bylaws & CC&Rs in place to maintain the integrity of the development. POA dues ($350 per year for 1 lot) include trash pickup, subdivision maintenance & management. Zephyr Water is currently in construction to install water lines which will rundown Oak Point Drive on the subject parcel. Buyer & Buyer's Agent to verify property taxes, POA dues, restrictions, ability to subdivide, availability of water, electric, etc.
Location
State TX
County Brown
Zoning residential
Direction CR 405 to Oak Point Entrance. Once through the gate stay on the main road to property (no turns).
Exterior
Utilities Available Outside City Limits
Waterfront 1
Waterfront Description Lake Front
Garage No
Building
Lot Description Acreage, Varied, Water/Lake View, Waterfront
Schools
Elementary Schools May
Middle Schools May
High Schools May
School District May Isd
Others
Restrictions Architectural,Building,Deed,No Mobile Home
Ownership Lake Brownwood Partners, LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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Bought with Non-Mls Member • NON MLS