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$129,000

407 W Adams St, Brownwood, TX, 76801

$167,700 ARVInfo
Off MarketInfo
Beds12 Beds
Baths4 Bath
Baths3,552 Sq Ft
ApartmentApartment
price_per_sqft$36.32 / sqft

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms 4Bathrooms 4
AppliancesRefrigerator, Electric Water Heater
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size8,599 sqft

Land Information

APN55782
SubdivisionRankin
Land UseResidential
Legal DescriptionRANKIN, BLOCK 6, LOT 60X132.5 & 10X65
Census Tract950700
Assessed Land Value$6,450
Assessed Improvement Value$148,100
Assessment Year2025

About this property

Red brick construction accents this classic, traditional large home. This home is customized for short term rentals and will facilitate up to 12 individual rooms. Each floor has a simple kitchen set up and is shared by the tenants. Full bathrooms are conveniently located with two up stairs and two downstairs. Plenty of parking around the building in back. The extra lot at 405 W Adams is included with the home. If you need a large home this is the one. Sellers said as of November 20, 2020, they're bringing in around $2500 a month. Call for your showing appointment.

Investor Tools

Property Icon
$154,550
Estimated Property Value
$0Estimated Mortgage Balance
$154,550Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$167,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$927 /month
Positive
Cash Flow Estimate:
$309 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,298
$154,550
2025
$6,450
$148,100
$154,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,298
$154,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$154,550
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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407 W Adams St | Property Details | No Agent List