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A+
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$123,000

1409 Avenue E, Brownwood, TX, 76801

$159,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$29.42 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesNone

Exterior

Lot Size8,398 sqft

Land Information

APN53196
Lot Number13
SubdivisionFord Addition
Land UseResidential
Legal DescriptionFORD'S ADDITION, BLOCK 11, LOT 13, PART 14
Census Tract950800
Assessed Land Value$7,560
Assessed Improvement Value$58,700
Assessment Year2025

About this property

C-1 LOT! Investor opportunity. Lot can be used for multi-family structures. This home sits in the Ford Addition, a neighborhood that has been part of Brownwood’s story for over a century. In 1924, Sam Berry purchased the property from T.A. Sears and became a beloved member of the community, active at Central United Methodist Church. This house holds the memory of a tight-knit, vibrant community and offers a unique opportunity to imagine the life and spirit of Brownwood as it once was. Fix and flip or add to your rental portfolio. Tenant in rear unit, so please message agent for showing instructions.

Investor Tools

Property Icon
$123,000
Estimated Property Value
$0Estimated Mortgage Balance
$123,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$159,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,414
$66,260
2025
$7,560
$58,700
$66,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,414
$66,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$123,000
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.

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: Brownwood

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1409 Avenue E | Property Details | No Agent List