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$163,000

NAL Estimated Property Value

1600 Broadmoor Drive, Brownwood, TX, 76801

$173,182 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.26 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,093 sqft

Building Information

Year Built1964
Garage Spaces2

Land Information

APN50607
Lot Number25
SubdivisionBonnie Highlands
Land UseResidential
Legal DescriptionBONNIE HIGHLANDS, BLOCK B, LOT 25
Census Tract951100
Assessed Land Value$5,050
Assessed Improvement Value$154,440
Assessment Year2025

About this property

Welcome to 1600 Broadmoor Dr, a well located home in the heart of Brownwood offering convenience, comfort, and excellent proximity to many of the area's major employers and community amenities. This property is being sold As Is and is an excellent option for a first time buyer, someone looking to downsize, or an investor seeking a strong rental opportunity. The home includes important recent updates such as a new roof installed in 2023 and new vinyl windows with shade coverings added in 2024. These improvements increase energy efficiency and add long term value for the next owner. This location is ideal for those working in the area with quick access to Hendrick Medical Center Brownwood, Brownwood Regional Medical Center, 3M, Kohler, Superior Essex, Performance Pipe, and other major employment centers. Healthcare, specialist clinics, and doctors offices are all nearby. Recreation and community amenities are also close at hand including Gordon Wood Stadium, the Bert V Massey Sports Complex, Brownwood Coliseum, Brownwood Country Club, and the Camp Bowie Reservoir. Shopping, dining, and daily services are easily reached with convenient access to Highway 377 and Highway 84. Families will appreciate the proximity to multiple Brownwood ISD campuses including Woodland Heights Elementary, Brownwood Middle School, and Brownwood High School. The property is also near the Texas School of Mental Health campus. With recent improvements, strong nearby employment, close proximity to hospitals and schools, and access to many of Brownwood's top amenities, 1600 Broadmoor Dr offers excellent potential in a growing community. Whether you are looking for a home to make your own or a well located investment opportunity, this property is a valuable find in the Brownwood market. **Buyer to verify all information**

Investor Tools

Property Icon
$163,000
Estimated Property Value
$155,843Estimated Mortgage Balance
$7,157Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$173,181
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$954
$159,490
2025
$5,050
$154,440
$159,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$954
$159,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$156,750
No
First
Jan 16, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,843
$7,157
4%
96%
$940/mo

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.

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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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1600 Broadmoor Drive | Property Details | No Agent List