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Multiple Oak Point Drive

May, TX 76857
  • $2,500,000
  • STATUS: Active Option Contract
  • ON SITE: 60 Days
  • MLS #: 20448320
Under Contract
$2,500,000
  • 0
    BEDS
  • 81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:
May

School Information

Elementary School:
May
High School:
May
School District:
Offered by Romona Brogan of Remax Big Country: 325-695-3730.

Description

81+ acres at Lake Brownwood. Perfect for development with 31 platted waterfront lots ranging from 0.62 acre to 1.48 acres (average lot size .87 acres) and an additional 54+ acres that may possibly be subdividable into 90+ lots. Alternatively, you could leave that area as a wildlife park amenity for the 31 lakefront lots or possibly make several ranchettes. Plat included in photos. Possibility to divide up several ways or create your own Lake Brownwood retreat. This property is inside the gated community of Oak Point. There are Bylaws & CC&Rs in place to maintain the integrity of the development. Lake Front homes are required to be 40% masonry & a minimum of 1,800 square feet. Note: There are multiple property IDs and POA dues are on a schedule based on number of lots, currently the POA dues for 5 lots is $695 total, each lot after the first 5 is $1 each. Buyer and Buyer's Agent to verify property taxes, POA dues, restrictions, etc. There is currently no water system at Oak Point.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jones-Papadopoulos & Co. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Jones-Papadopoulos & Co are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-12-04T23:42:33.417.
www.jpcsells.com/homes/144140100
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Multiple Oak Point Drive May, TX 76857

  • Price: $2,500,000
  • Status: Active Option Contract
  • On Site: 60 Days
  • MLS #: 20448320
0
Beds
0
Baths
0
½ Baths
81
Acres
Neighborhood:
Woodbridge Estates, Phase One
County:
Brown
Area:
May
Elementary School:
May
High School:
May
School District:
MAY ISD
Property Description
81+ acres at Lake Brownwood. Perfect for development with 31 platted waterfront lots ranging from 0.62 acre to 1.48 acres (average lot size .87 acres) and an additional 54+ acres that may possibly be subdividable into 90+ lots. Alternatively, you could leave that area as a wildlife park amenity for the 31 lakefront lots or possibly make several ranchettes. Plat included in photos. Possibility to divide up several ways or create your own Lake Brownwood retreat. This property is inside the gated community of Oak Point. There are Bylaws & CC&Rs in place to maintain the integrity of the development. Lake Front homes are required to be 40% masonry & a minimum of 1,800 square feet. Note: There are multiple property IDs and POA dues are on a schedule based on number of lots, currently the POA dues for 5 lots is $695 total, each lot after the first 5 is $1 each. Buyer and Buyer's Agent to verify property taxes, POA dues, restrictions, etc. There is currently no water system at Oak Point.
Exterior Features

Lot Description Acreage Waterfront Features Lake Front Waterfront YN Yes

Property Features

AGExemption No Buyer Agency Compensation 3.00 Buyer Agency Compensation Type % Current Use Residential Development Other Easements Utilities HOA Mandatory Hoa Billing Freq Annually Hoa Dues 695 Hoa Includes Full Use of Facilities HOAManagement Company Oak Point POA HOAManagement Company Phone 325-232-7276 Lake Name Brownwood List MLSProvider Abilene Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Possession Closing/Funding Property Type Unimproved Land Restrictions ArchitecturalBuildingDeedNo Mobile Home Special Notes Deed RestrictionsVerify Flood InsuranceVerify Tax Exemptions Unexempt Taxes 12441 Utilities Outside City Limits Will Subdivide Yes Zoning residential

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jones-Papadopoulos & Co. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Jones-Papadopoulos & Co are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-12-04T23:42:33.417.
 
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Jones-Papadopoulos & Co
2770 Main Street
Frisco TX, 75033
Offered by Romona Brogan of Remax Big Country: 325-695-3730.