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Days21Days on Market
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$250,000

305 Fisk Ave, Brownwood, TX, 76801

On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,320 Sq Ft
BusinessBusiness

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size2,500 sqft

Land Information

APN55934
SubdivisionRankin
Land UseCommercial
Legal DescriptionRANKIN, BLOCK 38, LOT 25X100
Census Tract950700
Assessed Land Value$3,750
Assessed Improvement Value$149,730
Assessment Year2025

About this property

Downtown Brownwood building in a PRIME location on Fisk St. If you are looking for a turnkey restaurant or bakery business, look no further than 305 Fisk Ave. This building was renovated specifically to be a high functioning bakery serving hundreds of customers, daily. The roof on the building is new and no detail was overlooked on the interior or exterior of the building during renovations. Most of the bakery equipment, furniture, POS, and a ton of supplies can be sold with the building for the right price. There is a brand new 40 thousand dollar pizza oven that was installed but never used that can also be purchased with the building. Don't want to be a baker? No problem as this space, including the dining room furniture could be the perfect location for your next restaurant idea! Brownwood, especially downtown Brownwood, is starving (pun absolutely intended) for a new, fresh restaurant or night spot. Come take a look today and make this piece of Texas YOUR next piece of Texas.

Investor Tools

Property Icon
$153,480
Estimated Property Value
$7,500Estimated Mortgage Balance
$149,824Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Jordan Barton

Turnkey Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,253
$153,480
2025
$3,750
$149,730
$153,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,253
$153,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American State Bank
Commercial
$7,500
No
First
Dec 7, 2006
Mar 2007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,656
$149,824
97%
2%
$45/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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305 Fisk Ave | Property Details | No Agent List