Lot 10 Ridgeway Trl

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Lot 10 Ridgeway Trl

Johnson City, TX 78636
Asking Price
$879K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The subject land parcel is positioned in Johnson City Texas.
  • This asset is currently listed with an asking price of $878600.
  • Property is situated at the location of Lot 10 Ridgeway Trail.
  • The site resides within the growing Texas Hill Country submarket.
  • Coordinates for this land holding are recorded at 30.2481, -98.3618.

What's Special

Development of this land parcel on Ridgeway Trail provides a strategic foothold in Johnson City, Texas. The property is well-positioned within the Texas Hill Country, a region characterized by its growing population and steady economic interest from both tourism and agricultural industries. This asset offers potential for those looking to capitalize on land development within the 78636 zip code, an area known for its rural charm and accessibility to the broader Austin-San Antonio corridor. Investors and developers will find the site suitable for a variety of project applications that align with local zoning and regional growth patterns. The surrounding landscape reflects the natural aesthetic of the Hill Country, providing a foundation for diverse residential or commercial configurations. Whether targeting long-term land appreciation or immediate development, this site serves as a versatile holding for market participants.

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NOI
$80,000
Cap Rate
9.11%
DSCR
1.53
Strong
Cash-on-Cash
10.56%
Monthly Payment
$4,346.833
Annual Cash Flow
$27,837.999

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