Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$195,000

1601 1st Street, Brownwood, TX, 76801

Off MarketInfo
Beds7 Beds
Baths5 Bath
Baths3,440 Sq Ft
QuadruplexQuadruplex

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms 5Bathrooms 5
AppliancesElectric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Laminate, Linoleum

Exterior

Lot Size12,711 sqft

Land Information

APN52062
SubdivisionCoggin Addition
Land UseResidential
Legal DescriptionCOGGIN ADDITION, BLOCK W, LOT PART 1 (88X144.43)
Census Tract951000
Assessed Land Value$11,440
Assessed Improvement Value$185,060
Assessment Year2025

About this property

Investor alert! NEW ROOF & DECKING AS of SEPT 2022! This centrally located quadraplex has been a steady money maker for the past 10 years. It's akin to an apartment buffet with so many sizes: two 1 bedroom,1 bath apartments, a 2 bedroom, 1 bath AND on the second floor a 3 bedroom, 2 bath 1500 sqft dwelling. The location is key being central to so much in town. The best investors generate more income with multiple front doors and plenty of bedrooms. The 3 larger units have full size washer and dryer hookups. The three bed unit is vacant and ready for your new tenant. Plenty of parking all around the building with an improved parking lot in back. Call us to coordinate a showing appointment for this investment opportunity. ***PLEASE NOTE: This property went under contract on 1-13-2023 with a 7 day option period, the status was changed to Pending on 1-21-2023 but then somehow the Pending status was changed inadvertently to Active on 1-21-2023. ***

Investor Tools

Property Icon
$196,500
Estimated Property Value
$0Estimated Mortgage Balance
$69,365Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,179 /month
Positive
Cash Flow Estimate:
$393 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,194
$196,500
2025
$11,440
$185,060
$196,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,194
$196,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Unknown
$135,000
No
First
Mar 3, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,135
$69,365
35%
65%
$810/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1601 1st Street | Property Details | No Agent List