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$465,000

$479,900

14001 Highway 377 S, Brookesmith, TX, 76827

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.71 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size5.96 acres

Building Information

Year Built1991

Land Information

APN62695
SubdivisionJohn M Cleveland Survey 144 Abstract
Land UseResidential
Legal DescriptionJOHN M CLEVELAND, SURVEY 144, ABSTRACT 186, ACRES 5.961
Census Tract951300
Assessed Land Value$82,560
Assessed Improvement Value$135,270
Assessment Year2025

About this property

Escape to the country without sacrificing convenience at 14001 Hwy 377 in Brookesmith, Texas. Situated on just under 6 acres, this spacious property offers the perfect blend of comfort, functionality, and room to roam. The home features 3 bedrooms, 2.5 bathrooms, and two separate living areas, providing plenty of space for both everyday living and entertaining. Inside has been totally updated through out, including remodeled bathrooms and kitchen, updated floors, new wiring, new pluming, and a brand new HVAC system. No details have been spared. Outside, you'll find a barn and multiple storage sheds, making this property ideal for livestock, hobbies, equipment storage, or anyone looking for extra workspace. The acreage offers endless possibilities for gardening, animals, recreation, or simply enjoying the peace and privacy of country living. Located just minutes south of Brownwood, you'll enjoy the tranquility of rural life while remaining approximately 15-20 minutes from shopping, dining, schools, and medical facilities. Whether you're looking for a small acreage homestead, a place for your animals, or simply more space to spread out, this property delivers the opportunity to enjoy the best of country living in Brown County.

Investor Tools

$55,710Estimated Mortgage Balance
$424,390Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

Interested in this property?

Zane Martin

Coldwell Banker - Mark Campbell & Assc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,661
$217,830
2025
$82,560
$135,270
$217,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,661
$217,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Conventional
$60,000
No
First
Sep 23, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,710
$254,290
82%
12%
$360/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.

Explore Texas Explore This Area
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: Brookesmith

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14001 Highway 377 S | Property Details | No Agent List