$93,000
NAL Estimated Property Value2509 Avenue E, Brownwood, TX, 76801
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesGas Range, Refrigerator
FlooringCarpet, Laminate
Exterior
Exterior FeaturesStorage
Lot Size11,552 sqft
Land Information
APN56481
Lot Number3
SubdivisionSouthmore Terrace Addition
Land UseResidential
Legal DescriptionSOUTHMORE TERRACE ADDITION, BLOCK 5, LOT 3, S 1/2 OF 4
Census Tract950800
Assessed Land Value$10,400
Assessed Improvement Value$63,500
Assessment Year2025
About this property
This is a cozy little 2 bedroom 1 bath house that has a front deck big enough for entertaining. The home has many updates including new water heater, a 3 year old roof, foundation leveled, water lines updated to PEX and PVC pipe, new gas service lines, 8 new double pane windows, new flooring and fresh paint. The home sits on a large fenced in lot with 2 storage sheds. This would be a great starter home or investment property.
Investor Tools
$93,000
Estimated Property Value
$71,236Estimated Mortgage Balance
$21,764Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$558 /month
Positive
Cash Flow Estimate:
$186 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$875
$73,900
2025
$10,400
$63,500
$73,900
No
Tax History
Year
Tax Paid
Assessed Value
2025
$875
$73,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$77,000
No
First
May 11, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,236
$21,764
23%
77%
$462/mo
