Last 24 Hours
$333,190
NAL Estimated Property Value413 Center Avenue, Brownwood, TX, 76801
Off Market
Commercial
— Beds
— Bath
5,820 Sq Ft
BusinessHighlights
Interior
Bedrooms —
Bathrooms —FlooringCarpet, Concrete
Exterior
Lot Size6,251 sqft
Land Information
APN71677
SubdivisionRankin Addition
Land UseCommercial
Legal DescriptionRANKIN, BLOCK 25, LOT 50X125
Census Tract950700
Assessed Land Value$9,380
Assessed Improvement Value$323,810
Assessment Year2025
About this property
Very desirable commercial building in booming downtown Brownwood, Texas. Many possible uses with this large 5,820 sq. ft. building located on a corner lot. Features include 5 individual offices, 2 restrooms, break room, 2 Heat AC units and large upstairs storage room. Downtown Brownwood is experiencing growth and this is the perfect location to use your imagination to create a commercial project. Possible uses include restaurant, winery-craft beer distillery, retail, offices and ???
Investor Tools
$333,190
Estimated Property Value
$244,544Estimated Mortgage Balance
$88,646Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,111
$333,190
2025
$9,380
$323,810
$333,190
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,111
$333,190
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ashwin Pokharel
Unknown
$247,800
No
First
Aug 27, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,544
$88,646
26%
73%
$1,486/mo
12.4%