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Days298Days on Market
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$1,300,000

708 Avenue A, Brownwood, TX, 76801

On MarketInfo
Baths0 Bath
Baths986 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1997

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringLaminate

Exterior

Lot Size11,252 sqft

Land Information

APN57181
SubdivisionTannehill Second Addition
Land UseResidential
Legal DescriptionTANNEHILL SECOND ADDITION, BLOCK 2, LOT E 1/2 OF 5-7
Census Tract950800
Assessed Land Value$1,800
Assessed Improvement Value$68,650
Assessment Year2025

About this property

Depot Station Complex – Multi-Income Investment Opportunity Located in the heart of Brownwood, TX, within walking distance of downtown and the new multipurpose event venue it offers a one-of-a-kind investment opportunity. This property blends history, charm, and modern functionality across multiple income-producing units, all fully furnished and ready for continued success. Conductor’s Quarters A fully renovated Santa Fe passenger railcar offering vintage charm with modern comfort.     •    Cozy living area and dining for two     •    Well-appointed kitchenette with modern appliances     •    Luxurious bedroom with vintage-style furnishings     •    Clawfoot tub and stylish bathroom     •    Natural gas fireplace, keyless entry, and private outdoor patio with fire pits     •    Lush landscaping and extra parking The Caboose Step into history with a fully renovated Santa Fe caboose transformed into a profitable short-term rental.     •    Cozy loft and living space with wood accents     •    Full kitchenette and tiled shower     •    Covered outdoor deck with fire pit     •    Secure, fenced property with keyless entry and ample parking The Station Bungalows Two newly renovated one-bedroom, one-bath bungalows,     •    Full kitchenette and laundry area     •    All-electric setup with a cozy gas fireplace     •    Covered outdoor shared space     •    Large lot with plenty of parking Old Texaco Station & Warehouses – Own a piece of Brownwood’s history with this former Texaco station plus two large metal warehouses offering endless potential for storage, retail, or new ventures.     •    Two metal buildings (1,804 sq. ft. and 1,777 sq. ft.)     •    Large loading dock for easy access     •    Fully fenced 0.44-acre lot with electricity in both buildings This multi-faceted property is a rare opportunity with established rental income and future growth potential—prime location. NDA required for financials

Investor Tools

Property Icon
$70,450
Estimated Property Value
$0Estimated Mortgage Balance
$70,450Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Stephens Ranch Hand Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,377
$70,450
2025
$1,800
$68,650
$70,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,377
$70,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$70,450
100%
0%
$0/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: Brownwood

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708 Avenue A | Property Details | No Agent List