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$475,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 20406 Earhart Ln B Dr
General
- Price: $475,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 1376129
- Updated: 1/21/2026
Property History
- 20406 Earhart Ln B Dr, Lago Vista, TX
- Listed $475,000 on 1/21/26
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 25
- Parking Features: See Remarks
Location
- Area: LN
- County: Travis
- Subdivision: Highland Lake Estates Sec 05
- Driving 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
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Septic Tank
- Water: See Remarks
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Metal Siding
- Square Feet: 3,700
- Sq. Ft. Source: Owner
- Current Bldg. Use: Other, Vacant
- Year Built: 1981
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
Financial Considerations
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: See Remarks
- Legal Description: PARCELS 1 - 9 WORLD OF RESORTS GOLF COURSE HIGHLAND LAKE EST SEC 5-18, 32 & ABS 2534 SUR 36 CANTWELL J ACR .9550 (TOTAL 1 ACRE OF 111.6268 ACRES)
- Disclosures/Reports: None
- Property ID: 20406 Earhart Lane B
Listed by Team West Real Estate LLC
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Schools
Schools serving 20406 Earhart Ln B Dr
School District:Lago Vista Independent School District
| Name | Grades | Distance |
|---|---|---|
Lago Vista Elementary School 20311 Dawn Drive, Lago Vista, TX 78645 | K-3 | 2 mi |
Lago Vista Intermediate School 20801 Fm 1431, Lago Vista, TX 78645 | 4-5 | 3.6 mi |
Lago Vista Middle School 8039 Bar K Ranch Road, Lago Vista, TX 78645 | 6-8 | 3.6 mi |
Lago Vista High School 5185 Lohman Ford Road, Lago Vista, TX 78645 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 20406 Earhart Ln B Dr
20406 Earhart Lane B Drive, Lago Vista, TX 78645 (MLS# 1376129) is a Commercial property. 20406 Earhart Lane B Drive is currently listed for $475,000 and was received on January 21, 2026. Want to learn more about 20406 Earhart Lane B Drive? Do you have questions about finding other Commercial real estate for sale in Lago Vista? You can browse all Lago Vista real estate or contact a Coldwell Banker agent to request more information.

