

$20,000
1509 4th Street, Brownwood, TX, 76801
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INVESTORS & HOME BUILDERS! Clear, open lot for you to build your home! R-2 zoned property a stone's throw from Coggin Avenue Baptist Church & Queen Fitness and nearby Brookeshire's grocery store, CVS Pharmacy and local schools and businesses. Great for a single-family residence or investment property (can accommodate a duplex). History of the Neighborhood: The Coggin Addition is well over a century old and was named after the Coggin Brothers, pioneering ranchers of the county and some of the earliest advocates for the fencing and branding of cattle to maintain herd improvement. As Brownwood grew in the early years, the Coggins built banks, mercantiles, mills, churches and schools. Coggin Academy - established on land the brothers donated - was one of the first schools in the county. Nearby Coggin Park, which bears the family's name, was built on Coggin land donated to the city. The most important contribution, however, was financial incentives made by the Coggins and other Brownwood businessmen that enticed the railroad to build through the town and solidify its commercial importance in the region. History of Brownwood: Less than a half hour from the official geographic center of the state, Brownwood is situated in the literal Heart of Texas. The town, located in the Pecan Valley, was founded on the banks of the Pecan Bayou river that separates it from its closest neighbor - Early. The county was named after Texas pioneer and war hero Capt. Henry Stevenson Brown who entered the region - some 10 years prior to its first survey - to retrieve cattle that had been stolen by the Penateka band of Comanches. Sources: Handbook of Texas Online.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Brownwood
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