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$219,000

140 Arapaho Road, Brownwood, TX, 76801

On MarketInfo
Baths0 Bath
Baths576 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size22.31 acres

Land Information

APN41978
Lot Number4-6
SubdivisionIndian Creek Estates
Land UseAgriculture / Farming
Legal DescriptionINDIAN CREEK ESTATES, LOT 4-6, 27-31, ACRES 22.31
Census Tract951300
Assessed Land Value$207,810
Assessed Improvement Value$11,890
Assessment Year2025

About this property

22.31 Acres of Opportunity in the Indian Creek Area! If you've been searching for the perfect place to build your dream home, barndominium, or set up a manufactured home, this unrestricted property deserves a look! Located in the desirable Indian Creek area within the Brookesmith ISD, this 22.31-acre tract offers peaceful country living with beautiful West Texas views, all while being just 20 minutes from the shopping, dining, and conveniences of Brownwood. The property includes an older cabin that is in need of major repairs or could be removed to make way for your new vision. Existing improvements include electricity, Brookesmith Water, and an older septic system, helping reduce the upfront costs typically associated with developing raw land. The property is fenced, although some repairs may be needed. Whether you're looking to establish a small ranchette, raise livestock, start your next FFA or 4-H project, or simply enjoy wide open spaces with room to roam, this property offers endless possibilities. Being sold AS IS, the seller is highly motivated and welcomes all offers. Don't miss this chance to own an affordable piece of Texas countryside and make it your own!

Investor Tools

$0Estimated Mortgage Balance
$219,700Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,318 /month
Positive
Cash Flow Estimate:
$439 /month

Interested in this property?

Justin Riggan

KWSynergy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$382
$219,700
2025
$207,810
$11,890
$219,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$382
$219,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$219,700
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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140 Arapaho Road | Property Details | No Agent List