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Days21Days on Market
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$365,000

311 Brown Street, Brownwood, TX, 76801

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,196 Sq Ft
RetailRetail

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size3,572 sqft

Land Information

APN55896
SubdivisionRankin
Land UseCommercial
Legal DescriptionRANKIN, BLOCK 31, LOT 18.67X52; 16.67X52; 33.33X52
Census Tract950700
Assessed Land Value$5,360
Assessed Improvement Value$109,030
Assessment Year2025

About this property

Great opportunity to own a classic building in downtown Brownwood. This building, consisting of three separate spaces is only limited by your imagination. This property can be turned into nearly anything! Restaurant, retail, medical facility, gym, bar, night club, retail space, office space, storage... The possibilities are abundant. The roof was replaced a couple of years ago so that major expense has been covered already. There are two stories in a couple of the sections of the building and there are two bathrooms plumbed and ready to be redone. Come take a look at this dreamer and make this piece of Texas YOUR next piece of Texas.

Investor Tools

Property Icon
$114,390
Estimated Property Value
$0Estimated Mortgage Balance
$114,390Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Jordan Barton

Turnkey Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,441
$114,390
2025
$5,360
$109,030
$114,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,441
$114,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$114,390
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.

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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311 Brown Street | Property Details | No Agent List