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$59,000

7050 Tipperary Rd, Brownwood, TX, 76801

$76,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,194 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesStorage
Lot Size17,001 sqft

Land Information

APN27745
Lot Number1,2
SubdivisionJohn M Mc Culloch Survey 3 Abstract
Land UseResidential
Legal DescriptionJOHN M MC CULLOCH, SURVEY 3, ABSTRACT 685, LOT 1 & 2, DILLARD SUBDIVISION, ACRES .3903
Census Tract950202
Assessed Land Value$36,550
Assessed Improvement Value$17,070
Assessment Year2025

About this property

Affordable lake front lot on Lake Brownwood! This lot is just over a third of an acre and ready for new development. Once the trees in the back are trimmed up, a beautiful view of Lake Brownwood is clear to see! With no restrictions, a new mobile or manufactured home could be added, a weekend RV getaway could be set up, or you could build your dream lake home! The property is strictly sold as is to a cash buyer, as financing this property would be extremely difficult. The old mobile home on the property is beyond repair and needs to be demolished and hauled off to allow for new development. The storage buildings could use some work and brought back to life. There is an older septic on the property and the seller has no knowledge of its current status or condition, but it may still be good as this property was rented up until a few years ago. There is electric and water already on the property. This one is priced low to account for the work needed and is a bargain for someone able to put a little work and money into it!

Investor Tools

$0Estimated Mortgage Balance
$155,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$76,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

Interested in this property?

Justin Riggan

Faith & Legacy Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$677
$53,620
2025
$36,550
$17,070
$53,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$677
$53,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$155,000
100%
0%
$0/mo

City: Brownwood

7050 Tipperary Rd | Property Details | No Agent List