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$215,000

NAL Estimated Property Value

1601 2nd Street, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,490 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.01 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave
FlooringBamboo

Exterior

Lot Size8,939 sqft

Building Information

Year Built2023

Land Information

APN52080
SubdivisionCoggin Addition
Land UseResidential
Legal DescriptionCOGGIN ADDITION, BLOCK X, LOT PART 1 (65X137.5}
Census Tract950900
Assessed Land Value$8,040
Assessed Improvement Value$129,530
Assessment Year2025

About this property

JED Custom Homes Construction that is priced to sell. This 3 bedroom two bath home with a split bedroom arrangement is definitely a beauty, no corners cut in building this little jewel. This warm and cozy home makes you feel welcomed, you feel like you just want to take your shoes off and relax. The kitchen comes with butcher block countertops and stainless steel appliances. If this want enough, there is a privacy fence already installed along with a metal two car parking area. It is situated within walking distance from shopping center yet it has the comforting neighborhood warmth. If your looking for a place to make your own, this would be the one. Square footage to be verified by appraiser.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$217,364Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,936
$137,570
2025
$8,040
$129,530
$137,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,936
$137,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Member First Mortgage Llc
Fha
$220,924
Yes
First
Jun 27, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,364
N/A
0%
101%
$1,325/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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1601 2nd Street | Property Details | No Agent List