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B+
NoAgentList RatingHow are grades calculated? Info

$102,000

1007 Avenue I, Brownwood, TX, 76801

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.51 / sqft

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesNone
FlooringWood

Exterior

Lot Size5,502 sqft

Land Information

APN52034
SubdivisionCoggin Addition
Land UseResidential
Legal DescriptionCOGGIN ADDITION, BLOCK U, LOT PART 3 (44X125)
Census Tract951000
Assessed Land Value$4,950
Assessed Improvement Value$57,170
Assessment Year2025

About this property

Cute little house conveniently located close to Austin Ave and Brookshires grocery store, among other restaurants and shops. This would make a perfect house for college students as the current owner was building it into a 1 bedroom with an office and a built in desk. You could leave it like that, or turn it back into a 2 bedroom home. There is a large building in the back yard that could easily be finished out and turned into a guest house, or connect the two and make a large primary bedroom and bathroom. This is an investors dream. All building materials on site will convey with the home. There is an air conditioner unit with the air handler in the storage building. The washer and dryer will convey. Come look at this property today, and make it your next flip or rental property.

Investor Tools

Property Icon
$102,000
Estimated Property Value
$70,000Estimated Mortgage Balance
$34,298Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$927
$62,120
2025
$4,950
$57,170
$62,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$927
$62,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank A Mississippi State Charter
Open End Mortgage / Open End With Future Advance Clause
$70,000
No
First
Jul 22, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,702
$34,298
33%
66%
$420/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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1007 Avenue I | Property Details | No Agent List