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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

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: Brownfield

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1181 County Road 387 | Property Details | No Agent List