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$182,000

NAL Estimated Property Value

501 Parkway Drive, Brownwood, TX, 76801

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,347 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.86 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range

Exterior

Lot Size10,001 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN53686
Lot Number8
SubdivisionGreen Acres Subdivision
Land UseResidential
Legal DescriptionGREEN ACRES, BLOCK 3, LOT 8
Census Tract951000
Assessed Land Value$3,300
Assessed Improvement Value$156,870
Assessment Year2025

About this property

HONEY, STOP THE CAR, BECAUSE THE HOME SEARCH IS OVER. THIS RECENTLY REMODELED, ADORABLE AND AFFORDABLE HOME, HAS AN OPEN FLOOR CONCEPT THAT WHISPERS 'WELCOME HOME'. WITH TONS OF NATURAL LIGHT THIS HOME HAS BEEN SO METICULOUSLY KEPT, I THINK MR. CLEAN LIVES HERE. THIS HOUSE BOASTS GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES, SHAKER STYLE CABINETS, A BRAND NEW HVAC SYSTEM, NEW GARAGE DOORS, WALL TO WALL LUXURY VINYL PLANK, A BIG BACK YARD GREAT FOR ENTERTAINING GUESTS, AND AN EAT IN KITCHEN PERFECT FOR EATING SANDWICHES. THIS HOME IS A MUST SEE AND IS PRICED TO SELL. TO MAKE THIS YOUR 'FOREVER HOME' BE SURE TO SCHEDULE YOUR SHOWING TODAY BEFORE ITS GONE. RUN, DON'T WALK BECAUSE THIS ONE WON'T LAST LONG!!!

Investor Tools

Property Icon
$182,000
Estimated Property Value
$132,474Estimated Mortgage Balance
$49,526Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,090
$160,170
2025
$3,300
$156,870
$160,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,090
$160,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Conventional
$146,464
No
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,474
$49,526
27%
73%
$879/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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501 Parkway Drive | Property Details | No Agent List