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$205,110

100 E Mayes Street, Brownwood, TX, 76801

$266,643 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,910 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$109.95 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Wood

Exterior

Exterior FeaturesAwning(s)
Lot Size3,960 sqft

Land Information

APN51506
Lot Number11
SubdivisionBrownwood Proper
Land UseCommercial
Legal DescriptionBROWNWOOD PROPER, BLOCK 5B, LOT 11
Census Tract950700
Assessed Land Value$4,360
Assessed Improvement Value$200,750
Assessment Year2025

About this property

Very very cool historical building in Brownwood, TX. This is the perfect work-and-stay location in town. This building has been everything from a service station to a gun and ammo store, to a records storage building for city hall, and finally an office space with a beautiful apartment upstairs. Centrally located in the middle of downtown so you can get anywhere, quickly. This would make a perfect Air BnB that could bring in a lot of income. This building has all the charm of a small European city with the history of Old West Brownwood to give it some grit and character. The original hardwood floors upstairs are beautiful and have been well taken care of. Come to downtown and own a piece of history! Rumor has it that this building was once in the Guiness Book of Records for being on the shortest block in the country.

Investor Tools

Property Icon
$205,110
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$266,643
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,378
$205,110
2025
$4,360
$200,750
$205,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,378
$205,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$300,000
No
First
Nov 8, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,870
N/A
0%
141%
$1,979/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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100 E Mayes Street | Property Details | No Agent List