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$394,280

NAL Estimated Property Value

1506 Southgate Drive, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.03 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Range, Other
FlooringCarpet, Wood

Exterior

Lot Size16,230 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN20046757
Land UseResidential
Legal DescriptionDUCKHORN TOWN RANCH ADDITION, PHASE ONE, BLOCK 1, LOT PART 4
Census Tract951100
Assessed Land Value$26,130
Assessed Improvement Value$368,150
Assessment Year2025

About this property

WOW. This is what you call a dream home. The details in the design of this home cannot be ignored. From the exposed wooden beams, to the messy mortar brick, and coffered ceilings, there's just so much to love about this home. The living room is centrally located in the home and flows nicely into the large custom kitchen. These two rooms are highlighted well by the natural light coming in from the large windows along the back wall. The master suite on the west side of the home will make your draw drop. The bathroom features a long counter top with a dual vanity, a large tub perfect for soaking, and a walk in shower with dual shower heads. The master closet is a large walk-in closet with tons of built in cabinets. The large back yard is a great place to entertain guest, or just enjoy being outside. The back porch is set up to relax in the shade, and a gravel patio has been built for the perfect place to enjoy an evening around the fire pit.

Investor Tools

Property Icon
$394,280
Estimated Property Value
$317,547Estimated Mortgage Balance
$76,733Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,366 /month
Positive
Cash Flow Estimate:
$789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,087
$394,280
2025
$26,130
$368,150
$394,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,087
$394,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Blueleaf Lending Llc
Conventional
$342,000
No
First
Jul 14, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,547
$76,733
19%
81%
$2,051/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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1506 Southgate Drive | Property Details | No Agent List