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$837,000

4401 Park Road 15, Brownwood, TX, 76801

$839,424 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$335.91 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Double Oven
FlooringCeramic Tile, Wood

Exterior

Lot Size50 acres

Building Information

Garage Spaces2

Land Information

APN37037
SubdivisionJ B Byrd Survey Pre Abstract
Land UseAgriculture / Farming
Legal DescriptionJ B BYRD, SURVEY PRE, ABSTRACT 1759, D P WOODRUFF, SURVEY 52, ABSTRACT 988, H T & B R R CO, SURVEY 51, ABSTRACT 466, ACRES
Census Tract950202
Assessed Land Value$358,500
Assessed Improvement Value$469,270
Assessment Year2025

About this property

A must-see unique lake house with lots of water-front in a beautiful cove, surrounded by 50 acres and abundant with wildlife. The home has a recently installed dock with a lift for a pontoon (also negotiable) An amazing place to call home if you seek privacy, acreage to roam or put livestock on (PROPERTY HAS AG EXEMPTION AND IS SET UP FOR COWS), and a spacious and beautiful home with views all the way around of the lake or large trees. Open concept kitchen, living room, dining area with lake views. All custom cabinetry, granite counters, oversized master bathroom. HUGE 50x150 insulated shop with an APARTMENT. Nautilus equipment is also negotiable. Free weights are not included. TOO MUCH TO MENTION.

Investor Tools

Property Icon
$837,000
Estimated Property Value
$374,000Estimated Mortgage Balance
$573,927Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$839,423
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,220 /month
Positive
Cash Flow Estimate:
$1,740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$863/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,175
$827,770
2025
$358,500
$469,270
$827,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,175
$827,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Unknown
$374,000
No
First
Apr 3, 2013
Jul 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,073
$573,927
68%
31%
$2,243/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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4401 Park Road 15 | Property Details | No Agent List