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$98,000

323 Brown Street, Brownwood, TX, 76801

$127,400 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths799 Sq Ft
OfficeOffice
price_per_sqft$62.57 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Concrete

Exterior

Lot Size867 sqft

Land Information

APN55901
SubdivisionCoggin Addition
Land UseResidential
Legal DescriptionRANKIN, BLOCK 31, LOT 16.67X52
Census Tract950700
Assessed Land Value$1,300
Assessed Improvement Value$73,280
Assessment Year2025

About this property

This is a proven and profitable location, In the heart of a resurgent downtown Brownwood, this location is next to the Lyric theater one of the new hot spots of Downtown, and has been a thriving business for many years, building is in good shape and can be molded to your individual needs with ease. Includes two areas or individual spaces, both containing an upstairs with many period charm details.

Investor Tools

Property Icon
$98,000
Estimated Property Value
$0Estimated Mortgage Balance
$56,412Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$127,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$588 /month
Positive
Cash Flow Estimate:
$196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,592
$74,580
2025
$1,300
$73,280
$74,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,592
$74,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Open End Mortgage / Open End With Future Advance Clause
$57,000
No
First
Mar 7, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,588
$56,412
57%
42%
$342/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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323 Brown Street | Property Details | No Agent List