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$228,000

NAL Estimated Property Value

3615 3rd Street, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,720 Sq Ft
price_per_sqft$113.37 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Vinyl

Exterior

Lot Size13,874 sqft

Land Information

APN58268
Lot Number14
SubdivisionWoodland Heights Addition
Land UseResidential
Legal DescriptionWOODLAND HEIGHTS ADDITION, BLOCK 17, LOT 14
Census Tract951100
Assessed Land Value$7,630
Assessed Improvement Value$184,020
Assessment Year2025

About this property

3 bedroom 3 bath large living area and an extra play room or 4th bedroom in this updated home with a large fenced backyard. This house is ready to move in with new paint and updated features through out. TONS of space, a HUGE master bedroom, and all other rooms are large in size also. Roof is less than 2 years old, furnace and water heater a year old. It is a must see home!!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$199,163Estimated Mortgage Balance
$28,837Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,090
$191,650
2025
$7,630
$184,020
$191,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,090
$191,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$195,395
Yes
First
Aug 19, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,163
$28,837
12%
87%
$1,279/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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3615 3rd Street | Property Details | No Agent List