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$424,000

203 Lori Ln, Brownwood, TX, 76801

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,411 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.86 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesDog Run, Storage, Garden
Lot Size28,462 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN62226
Lot Number4
SubdivisionTerrace Hill
Land UseResidential
Legal DescriptionTERRACE HILL, BLOCK C, LOT 4 & PART 6
Census Tract951100
Assessed Land Value$16,340
Assessed Improvement Value$261,840
Assessment Year2025

About this property

Nestled beneath mature Live Oaks and Red Oak trees on a large lot, this well maintained 3-bedroom, 2-bathroom home boasts spacious rooms including two living areas, two dining areas, two car garage, and a workshop with a carport. This home is conveniently located close to town and schools while being on the edge of town with a country living feel about it. The kitchen has lots of cabinets, granite counter tops and perfectly situated to the formal dining room and coffee bar area. The living room has vaulted ceilings and a cozy wood burning fireplace for those cold winter nights. As a bonus you will enjoy the great room that would be ideal for an office, expanded living space or a game room. The primary bedroom has two closets, walk in tile shower and a large garden tub, with access to an additional massive walk in closet. The other two bedrooms are nice size with walk in closets and access to a restroom. Step onto the side patio and see the large work shop with attached carport. The work shop will be the envy of every handy mans dreams with electricity and AC. There is an additional storage building with two rooms perfect for an additional shop or storage. The home has beautiful established St. Augustine grass and landscaping that is watered by the irrigation system. This home has so much to offer the new owner that it must be seen to appreciate. This is a unique property to the market and priced to sell. Call the listing agent to schedule a private showing.

Investor Tools

$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,000
$278,180
2025
$16,340
$261,840
$278,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,000
$278,180

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
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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