




$195,000
1601 1st Street, Brownwood, TX, 76801
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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. ***
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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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