$381,920
NAL Estimated Property Value1113 W Commerce Street, Brownwood, TX, 76801
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Laminate
Exterior
Exterior FeaturesStorage
Lot Size1.96 acres
Land Information
APN30807
SubdivisionJohn S Thorn Survey 53 Abstract
Land UseResidential
Legal DescriptionJOHN S THORN, SURVEY 53, ABSTRACT 897, ACRES 1.96
Census Tract951300
Assessed Land Value$36,920
Assessed Improvement Value$345,000
Assessment Year2025
About this property
This is a wonderful opportunity to live in a neat and quiet area on the edge of town. This sweet home sits way up on a hill overlooking all of Brownwood. This property offers a number of excellent out buildings and a huge fenced area with shelters for show animals. Massive trees shade the yard, and heavy duty electric gated entrance. Inside you will enjoy the large living space through-out, wood burning fireplace, a second living area or sunroom at the back of the home.
Investor Tools
$381,920
Estimated Property Value
$85,139Estimated Mortgage Balance
$296,781Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$854
$381,920
2025
$36,920
$345,000
$381,920
No
Tax History
Year
Tax Paid
Assessed Value
2025
$854
$381,920
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$87,472
No
First
Nov 27, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,139
$296,781
77%
22%
$525/mo
