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$199,000

409 Melwood Avenue, Brownwood, TX, 76801

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.83 / sqft

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Water Heater, Double Oven, Refrigerator
FlooringCarpet, Linoleum

Exterior

Lot Size12,998 sqft

Building Information

Garage Spaces2

Land Information

APN58851
SubdivisionOutlot
Land UseResidential
Legal DescriptionOUTLOT 331, LOT 100X130
Census Tract950700
Assessed Land Value$9,750
Assessed Improvement Value$191,740
Assessment Year2025

About this property

Experience living on a large corner lot with abundant trees and a covered front porch. This 4 bedroom, 2 bath two-story home boasts custom wood paneling complemented by built-in bookshelves for an added touch of elegance. Four spacious bedrooms upstairs share a well-lit bathroom featuring a pedestal sink and a ball and claw tub that's perfect for relaxation. The kitchen has stainless steel appliances that include a gas stove with a double oven, refrigerator and dishwasher. Enjoy meals in the dining room filled with natural light from the bay window. Two living areas downstairs will offer many possibilities. A two-car garage with electric door opener including built-ins, a storage room, and an assigned utility area. You will find an extra covered carport, partial privacy fencing and chain link fence, and an outdoor storage building. Don't miss out on this unique property that has timeless elegance. Call today for a showing!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,972
$201,490
2025
$9,750
$191,740
$201,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,972
$201,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
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.

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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409 Melwood Avenue | Property Details | No Agent List