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$241,800

NAL Estimated Property Value

0000 Fm 585, Brownwood, TX, 76801

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Approximately 64.48 acres with approximately 450' of Jim Ned Creek frontage. The land is accessible from both FM 585 and County Road 146. Electric is available at the creek and Brookesmith Water lines run along the road. This land offers a stock tank, areas for building, and both grazing and recreational opportunities. A new survey will be required. The 23.695 irrigated acres across the road is also listed for sale separately..

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,451 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Brownwood

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0000 Fm 585 | Property Details | No Agent List