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$149,000

NAL Estimated Property Value

1181 County Road 387, Brownfield, TX, 79316

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths860 Sq Ft
price_per_sqft$174.42 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Washer
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesPrivate Yard
Lot Size16,422 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN46518
Land UseResidential
Legal DescriptionBLK T SEC 132 .377 ACRE IN SE/PT MH NTA1753269 16X56 BROWN/DARK BROWN BLK/TRACT T 0.377 ACRES
Census Tract950100
Assessed Land Value$2,500
Assessed Improvement Value$40,899
Assessment Year2024

About this property

Set outside the city limits on .38 of an acre, this rural property brings space, privacy, and serious versatility. A covered front porch offers room to sit and unwind, setting the tone for a property built to be used—not babysat. The 2017 model home includes 2 bedrooms and 2 bathrooms, with an isolated primary suite featuring an ensuite bath, walk-in shower, and walk-in closet. All appliances stay, including the washer and dryer, making this one truly move-in ready. The laundry room includes a doggie door for easy backyard access, while the fenced yard gives room to roam, relax, or let pets do their thing. Outside is where this property really shines: a 20x25 shop, a 2-car detached garage that's insulated, a 20x45 lean-to, a powered "she shed" that works just as well as a man cave or craft room, an additional storage shed with electricity, and even a train car used for storage. With a roof replaced last year and plenty of usable structures already in place, this property offers flexibility, function, and freedom—without city restrictions hanging over your head.

Investor Tools

Property Icon
$149,000
Estimated Property Value
$0Estimated Mortgage Balance
$149,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$450
$43,399
2024
$2,500
$40,899
$43,399
No

Tax History

Year
Tax Paid
Assessed Value
2022
$450
$43,399

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$149,000
100%
0%
$0/mo

City: Brownfield

1181 County Road 387 | Property Details | No Agent List