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$578,000

NAL Estimated Property Value

111 Cove Cir, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,872 Sq Ft
price_per_sqft$333.6 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven
FlooringLaminate, Tile, Vinyl

Exterior

Lot Size29,621 sqft

Building Information

Year Built1976
Garage Spaces2

Land Information

APN40369
Lot Number7
SubdivisionBig Rocky Development No
Land UseResidential
Legal DescriptionBIG ROCKY DEVELOPMENT NO 5, LOT 7, BOAT DOCK #4014
Census Tract950201
Assessed Land Value$118,480
Assessed Improvement Value$362,620
Assessment Year2025

About this property

LARGE PRICE DROP. THIS PROPERTY WONT LAST LONG AT $ 624500.00. Beautiful 3 bedroom with 2 full baths, LAKE-FRONT property. House has been nicely redone. It has a fireplace and 3 car garage with asphalt circle drive, new laminate floors, large back porch with great view of the lake. Lots of trees beautiful yard with cement walk to the boat dock, nice rock patio by waterfront. Approximately 11 ft of water at spillway level. Quiet neighborhood great place to call home or a great place for the entire family to escape for the weekend or anytime.

Investor Tools

Property Icon
$578,000
Estimated Property Value
$449,670Estimated Mortgage Balance
$128,330Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,747 /month
Positive
Cash Flow Estimate:
$1,249 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,185
$481,100
2025
$118,480
$362,620
$481,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,185
$481,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$480,000
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,670
$128,330
22%
78%
$2,878/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.

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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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111 Cove Cir | Property Details | No Agent List