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$96,000

1407 Avenue I, Brownwood, TX, 76801

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.97 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Electric Water Heater, Refrigerator
FlooringLaminate

Exterior

Lot Size2,749 sqft

Land Information

APN52087
SubdivisionCoggin Addition
Land UseResidential
Legal DescriptionCOGGIN ADDITION, BLOCK X, LOT PART 2 (50X55)
Census Tract950900
Assessed Land Value$2,480
Assessed Improvement Value$76,890
Assessment Year2025

About this property

Come take a look at this cute frame house that would be perfect as a starter home, student housing for your incoming college kids to Howard Payne, or a great property to add to your rental portfolio. This is a beautifully remodeled (within the last 18 months) home centrally located in the heart of Brownwood, close to schools, parks, and downtown. There are three split units for heating and cooling, a newer roof, a gravel driveway, and a fully fenced front yard.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$107,000Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,694
$79,370
2025
$2,480
$76,890
$79,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,694
$79,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Of America
Unknown
$107,000
No
First
Sep 21, 2023
Sep 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,804
N/A
0%
106%
$642/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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1407 Avenue I | Property Details | No Agent List