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$114,000

NAL Estimated Property Value

1205 Melwood Ave, Brownwood, TX, 76801

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$62.8 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesOther

Exterior

Lot Size10,816 sqft

Land Information

APN58780
SubdivisionOutlot
Land UseResidential
Legal DescriptionOUTLOT 296, LOT 52X208
Census Tract950700
Assessed Land Value$8,110
Assessed Improvement Value$51,360
Assessment Year2025

About this property

Adorable home that is need of a few repairs. This would be a great fixer upper for the right person, a handy man can make this home shine again. This two bedroom home has two living areas where one of these living areas can be converted into the 3rd bedroom. It does have a cute kitchen and dining area. The yard is beautiful and has plenty of room to add lots of pleasure to the outdoors lovers. The home does need a new roof and has some floor leveling issues. With a little work this cute little home can be brought back to its charming self again. If your in for a challenge, give me a call and lets take a look to see if its something that could work for you.

Investor Tools

Property Icon
$114,000
Estimated Property Value
$0Estimated Mortgage Balance
$114,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$684 /month
Positive
Cash Flow Estimate:
$228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$64/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$193
$59,470
2025
$8,110
$51,360
$59,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$193
$59,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,000
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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1205 Melwood Ave | Property Details | No Agent List