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$291,000

5021 County Road 594, Brownwood, TX, 76801

Off MarketInfo
Baths0 Bath
Baths1,536 Sq Ft
RanchRanch
Year BuiltBuilt in 2023

About this property

This Lake Brownwood property is located on a cove of Lake Brownwood offering huge incentives: a septic, 2 RV hook-ups, dock, a family recreational getaway across from Sandy Beach, and private boat ramp. The property has an older Manufactured home in need of substantial upgrades and maintenance.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$182,902Estimated Mortgage Balance
$117,568Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,067
$84,570
2025
N/A
$84,570
$84,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,067
$84,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Purchase Money Mortgage
$182,902
No
First
Jul 26, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,432
$117,568
40%
60%
$1,097/mo

Learn About the Market: Opportunity in Texas

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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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5021 County Road 594 | Property Details | No Agent List