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$197,250

406 Center Avenue, Brownwood, TX, 76801

$256,425 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,406 Sq Ft
RetailRetail
price_per_sqft$24.05 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile, Concrete, Laminate

Exterior

Lot Size5,249 sqft

Land Information

APN55903
SubdivisionRankin
Land UseCommercial
Legal DescriptionRANKIN, BLOCK 32, LOT 50X105
Census Tract950700
Assessed Land Value$7,880
Assessed Improvement Value$189,370
Assessment Year2025

About this property

Owner would consider owner financing!! Downtown Brownwood, No place like home when it comes to shopping in the downtown area of Brownwood, This is one of the classic buildings with great parking both front and back, this space can be as large as you need it to be, and owner has done all the hard work, from fixing the roof with a 30 year guarantee roof , to flooring, painting, electrical and plumbing, this is a space you can transform into anything you need it to be. It still hold some of it’s original charm in many different ways, in the big display areas up front to a grand stair case heading to the upstairs to stain glass in the front top windows. Come see this area and turn it into your dreams!!

Investor Tools

Property Icon
$197,250
Estimated Property Value
$0Estimated Mortgage Balance
$197,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$256,425
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,184 /month
Positive
Cash Flow Estimate:
$395 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,210
$197,250
2025
$7,880
$189,370
$197,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,210
$197,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,250
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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406 Center Avenue | Property Details | No Agent List