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$480,000

NAL Estimated Property Value

5901 Fm 586 W, Brookesmith, TX, 76827

$489,443 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,989 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.39 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7.99 acres

Building Information

Year Built1999
Garage Spaces2

Land Information

APN61708
SubdivisionJosias B Bealle Survey 145 Abstract
Land UseResidential
Legal DescriptionJOSIAS B BEALLE, SURVEY 145, ABSTRACT 76, ACRES 7.99
Census Tract951300
Assessed Land Value$98,040
Assessed Improvement Value$344,140
Assessment Year2025

About this property

This 2900+ sq ft home is the perfect country get away. The home sits on 8 acres of land just 12 miles south of Brownwood, and includes access to the private pond that runs through the back portion of the property. When you walk into the house the first thing you will notice is the large living room and kitchen that sits under the beautiful vaulted ceilings. The living room has been updated with new floors, and the kitchen has plenty of cabinet and counter top space to make meal prep easy. 2 out of the four bedrooms are master suits. Each features large tubs, walk in showers, and walk in closets. Call me today if you are ready to make this home yours.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$197,558Estimated Mortgage Balance
$282,442Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$489,442
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,382
$442,180
2025
$98,040
$344,140
$442,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,382
$442,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Conventional
$218,000
No
First
Jun 21, 2021
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,558
$282,442
58%
41%
$1,308/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: Brookesmith

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5901 Fm 586 W | Property Details | No Agent List