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$364,000

NAL Estimated Property Value

2005 1st Street, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,618 Sq Ft
price_per_sqft$140.57 / sqft

Property Lead Type:

Off-Market ListHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Water Heater, Tankless Water Heater
FlooringTile, Wood

Exterior

Lot Size16,766 sqft

Building Information

Garage Spaces3

Land Information

APN55362
SubdivisionThe Parkcrest Addition
Land UseResidential
Legal DescriptionPARKCREST, BLOCK B, LOT PART 2, NW PART 3
Census Tract951000
Assessed Land Value$13,920
Assessed Improvement Value$331,520
Assessment Year2025

About this property

A beautifully updated Brownwood home offering charm, space, and an unbeatable location! Perfectly situated across from Coggin Park, with pickleball courts, walking paths, playgrounds, and green space, you’ll enjoy convenience to town while still having room to relax at home. From the moment you arrive, the excellent curb appeal sets the tone, featuring a well-maintained exterior, large front porch, and mature trees. Inside, you’re greeted by refinished hardwood floors, spacious rooms, and multiple living areas designed for comfort and versatility. The home features three generous bedrooms and three full bathrooms, providing ample space for family or guests. A rare highlight is the living room and separate den, each with its own fireplace, creating warm, inviting spaces whether you’re entertaining or winding down. Out back, the large fenced yard with a full sprinkler system and recently added back deck offer the perfect setting for play, pets, or outdoor gatherings. The front yard is just as impressive and offers the perfect location to sip coffee on the porch while enjoying the nearby activity of the park. Additional perks include a 3-car garage, accessed by a shared driveway, providing abundant parking and storage, a hard-to-find feature in this area. Recent updates include: refinished hardwood floors, both HVAC systems replaced in 2022, kitchen appliances replaced in 2022, back deck added, partial electric and plumbing upgrades, replaced section of shared driveway, added front and back sprinkler system, and repainted exterior of home. This home offers space, warmth, and an ideal location—a rare find in Brownwood!

Investor Tools

Property Icon
$364,000
Estimated Property Value
$0Estimated Mortgage Balance
$364,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,103
$345,440
2025
$13,920
$331,520
$345,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,103
$345,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,000
100%
0%
$0/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.

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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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2005 1st Street | Property Details | No Agent List