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$183,000

NAL Estimated Property Value

115 Azalea Dr, Brownwood, TX, 76801

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$125 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,972 sqft

Building Information

Year Built1990
Garage Spaces2

Land Information

APN66951
Lot Number115
SubdivisionTanglewood Gardens
Land UseResidential
Legal DescriptionTANGLEWOOD GARDENS, LOT 115
Census Tract950900
Assessed Land Value$6,270
Assessed Improvement Value$152,540
Assessment Year2025

About this property

Located in the highly sought-after 55+ community of Tanglewood Gardens, this 2-bedroom, 2-bath duplex offers the perfect blend of comfort, convenience, and low-maintenance living. Thoughtfully designed with a functional layout, the home features a spacious 2-car garage, a relaxing screened-in back porch, and a large privacy-fenced backyard shaded by mature trees—creating a peaceful outdoor retreat. A sprinkler system in both the front and back yards helps keep the lawn lush and green year-round with ease. The exterior trim has recently been painted, front porch posts replaced, and the roof was replaced just one year ago, adding valuable peace of mind for the next owner. Enjoy simple, stress-free living with a $300 monthly HOA that covers water, sewer, trash, lawn maintenance, pest control, and many additional interior and exterior maintenance items. Tanglewood Gardens is known for its peaceful atmosphere, beautifully kept grounds, and welcoming community feel. Whether you’re looking to downsize or simply enjoy a more stress-free lifestyle, this home is a wonderful opportunity in one of Brownwood’s most desirable communities.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$870
$158,810
2025
$6,270
$152,540
$158,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$870
$158,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$183,000
100%
0%
$0/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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115 Azalea Dr | Property Details | No Agent List