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$127,000

1003 3rd Street, Brownwood, TX, 76801

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,316 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.98 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Hardwood

Exterior

Lot Size7,000 sqft

Land Information

APN53231
SubdivisionFord Addition
Land UseResidential
Legal DescriptionFORD'S ADDITION, BLOCK 15, LOT PART 1-3
Census Tract950800
Assessed Land Value$6,300
Assessed Improvement Value$107,330
Assessment Year2025

About this property

Come home to this adorable craftsman house close to HPU! Beautiful original hardwood floors and shiplap, built in shelving, thick wood trim and high ceilings are just a few of the charming features that you will love! 2 large bedrooms plus a nice sized office that could also be used as a 3rd bedroom. Complete remodel on the inside! Amazing private patio! The backyard is adorned with tall, modern wood fencing and a separate fenced area for your furry friends! Stately front porch that has plenty of room for swinging bench, plants and a table & chairs! Lots of storage space with two 18x10 sheds! Some extras everyone will love: Mud room area coming from the backyard, spacious open kitchen that can accommodate a table in addition to the large dining room, new seamless gutters, storm windows, new electric panel & much more! Listing agent is related to seller.

Investor Tools

Property Icon
$127,000
Estimated Property Value
$0Estimated Mortgage Balance
$5,759Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$762 /month
Positive
Cash Flow Estimate:
$254 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,347
$113,630
2025
$6,300
$107,330
$113,630
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,347
$113,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dept Of Housing & Cmnty Affairs
Stand Alone Second / Subordinate Position
$127,645
No
First
Aug 24, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,241
$5,759
4%
95%
$766/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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1003 3rd Street | Property Details | No Agent List