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$64,000

NAL Estimated Property Value

1114 La Monte Drive, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths870 Sq Ft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesGas Oven, Gas Water Heater, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesDog Run, Storage
Lot Size11,831 sqft

Land Information

APN50521
Lot Number13
SubdivisionBluff View Estates 4th Addition
Land UseResidential
Legal DescriptionBLUFF VIEW ESTATES 4TH ADDITION, BLOCK 9, LOT 13
Census Tract950600
Assessed Land Value$1,420
Assessed Improvement Value$61,790
Assessment Year2025

About this property

Reduced $7000. Current owner is cashing out to pursue another investment opportunity. Excellent investment property with long-term tenants who pay a fair rent, on time every month and take care of the home. This is a great buy and hold opportunity for an invest wanting to grow their portfolio or a new investor looking to get started. 3 bedrooms, one bath with a good sized living and dining room area. Kitchen updated in the last 5 years with new cabinets, counter tops, etc. Home is in very good condition. Roof repairs will be done in the next week. Current owner was looking to go up slightly on rent and tenant would like to stay indefinitely.

Investor Tools

Property Icon
$64,000
Estimated Property Value
$0Estimated Mortgage Balance
$64,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,349
$63,210
2025
$1,420
$61,790
$63,210
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,349
$63,210

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$64,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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1114 La Monte Drive | Property Details | No Agent List