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$105,000

1607 Avenue K, Brownwood, TX, 76801

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.02 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size5,955 sqft

Land Information

APN52434
SubdivisionCoggin Addition
Land UseResidential
Legal DescriptionCOGGIN ADDITION, BLOCK 28, LOT PART 3 (60X99.25)
Census Tract950900
Assessed Land Value$5,360
Assessed Improvement Value$76,450
Assessment Year2025

About this property

Charming cottage with central air and heat in the Heart of Brownwood. New 30 year black shingle roof with ridge vents to be installed by JAMCO Roofing on 4-10-2023. This darling home has a carport, a fenced yard for your pets, plus a storage shed for your mower and yard tools. Well maintained home with carpet, wood-look laminate flooring and vinyl flooring in the bathroom. Delightful vintage features like a window seat with shelving in the living room. Spacious Kitchen has a refrigerator and electric range with vent hood. Connections for washer and dryer are conveniently located in the kitchen. This home has pier and beam foundation and the Seller had Andy’s Pest Troopers do a preventive termite treatment on the home on 3-30-2023 and the warranty will be transferable to new buyer. Enjoy the convenience of a central location with easy access to shopping, dining, and outdoor recreation. Perfect for those seeking a cozy and comfortable living space with character and charm.

Investor Tools

Property Icon
$123,000
Estimated Property Value
$113,898Estimated Mortgage Balance
$15,552Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$969
$81,810
2025
$5,360
$76,450
$81,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$969
$81,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Unknown
$113,898
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,448
$15,552
12%
87%
$683/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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1607 Avenue K | Property Details | No Agent List