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$120,000

3930 Crestridge Drive, Brownwood, TX, 76801

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6.15 acres

Land Information

APN20055524
Land UseAgriculture / Farming
Legal DescriptionCOMAJA ACRES, ACRES 6.15
Census Tract951100
Assessed Land Value$61,500
Assessment Year2025

About this property

Rare opportunity to own 6.15 acres inside the Brownwood city limits at 3930 Crestridge Dr. This property offers a unique combination of space, privacy, mature trees, and convenient access to town. Currently zoned A-1, the property provides an agricultural setting while still being located within the city. The acreage is fenced along the boundary with net wire topped by a single strand of barbed wire, and the front features attractive pipe fencing that is approximately four years old. Goats are currently used to help maintain the vegetation. Nice mature trees are scattered throughout the middle portion of the property, creating shaded areas and adding character to the land. City water is already located on the property, and electricity is available at the front, giving a future owner a head start when considering improvements. According to the seller, there are no additional building restrictions other than recreational vehicles not being permitted; however, City of Brownwood zoning, building requirements, and other applicable regulations still apply. Approximately half of the property is located within FEMA Flood Zone AE and a designated floodway, so buyers should carefully evaluate building locations and intended uses. Whether you are looking for acreage to enjoy, space for animals, or property with future possibilities, this tract offers something increasingly difficult to find: more than six acres within Brownwood city limits. Buyers should verify zoning, floodplain requirements, utilities, restrictions, and permitted uses with the appropriate authorities.

Investor Tools

$0Estimated Mortgage Balance
$61,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

Interested in this property?

Doug Allen

United Country - Heart of Texas RE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$27/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12
$61,500
2025
$61,500
N/A
$61,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12
$61,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$61,500
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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3930 Crestridge Drive | Property Details | No Agent List