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$259,000

3 Sherman Drive, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.34 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size23,522 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN50106
Lot Number14
SubdivisionAustin Heights
Land UseResidential
Legal DescriptionAUSTIN HEIGHTS, BLOCK 1, LOT 14
Census Tract951100
Assessed Land Value$12,940
Assessed Improvement Value$254,710
Assessment Year2025

About this property

Located in a desirable neighborhood lined with oak trees, this home is off the beaten path located in a quiet cul-de-sac. Notable for it’s hospitality, this home easily welcomes you in with a shady and large front yard. The home features vaulted ceilings, a wood burning fireplace in the living room leading to a semi-open concept kitchen… which boasts in up-to-date cabinetry and countertops. Walking down the hallway you’ll notice 3 bedrooms and 3 bathrooms, one bath located in the master and two more just for family and guests. The exterior features two comfortable outdoor spaces— one deck out front and a covered porch in the back. Both spaces perfect for slow and easy living! Call our team today and let us help you pursue the home of your dreams!

Investor Tools

Property Icon
$267,650
Estimated Property Value
$0Estimated Mortgage Balance
$267,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,606 /month
Positive
Cash Flow Estimate:
$535 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,384
$267,650
2025
$12,940
$254,710
$267,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,384
$267,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$267,650
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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3 Sherman Drive | Property Details | No Agent List