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$216,000

NAL Estimated Property Value

1607 Parkway Drive, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.18 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther
FlooringCarpet, Laminate

Exterior

Lot Size9,217 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN20002656
Lot Number4R
SubdivisionSouth Hampton Addition Phase One
Land UseResidential
Legal DescriptionSOUTH HAMPTON ADDITION, PHASE ONE, REPLAT OF BLOCK 16, LOT 4R
Census Tract950900
Assessed Land Value$23,970
Assessed Improvement Value$166,850
Assessment Year2025

About this property

This charming 3 bedroom 2 bathroom home is great for an individual or family buying their first home, or looking to downsize. The home has a cozy but spacious feel to it. Located centrally in Brownwood, Tx. the home is only a few blocks away from Brownwood High School and Coggin park. It is also with in 5-10 minutes of historic downtown Brownwood, and the Brownwood's industrial area. So whether you are going to school, work, or looking to have a realizing night out you do not have to go far. The home features updated floors, along with a new central HVAC system to help heat and cool the home more efficiently. You do not want to miss out on this home. Call and schedule an appointment today.

Investor Tools

Property Icon
$216,000
Estimated Property Value
$168,662Estimated Mortgage Balance
$47,338Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,745
$190,820
2025
$23,970
$166,850
$190,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,745
$190,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$181,649
Yes
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,662
$47,338
21%
78%
$1,090/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 Parkway Drive | Property Details | No Agent List