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Days91Days on Market
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$115,000

$119,500

708 Prater St, Brownwood, TX, 76801

$128,467 ARVInfo
On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,195 Sq Ft
price_per_sqft$96.23 / sqft

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater, Refrigerator
FlooringCeramic Tile, Hardwood

Exterior

Lot Size6,752 sqft

Land Information

APN57444
SubdivisionWeedon Addition
Land UseResidential
Legal DescriptionWEEDON ADDITION, BLOCK 4, LOT PART 15 & 16
Census Tract951000
Assessed Land Value$5,400
Assessed Improvement Value$87,780
Assessment Year2025

About this property

Charming craftsman style brick home that is appealing to a first time home buyer or an investor. This home has lots of character with its classic brick and front porch with a attached carport. The home sits on a corner lot with some large Pecan trees and big fenced back yard for kids to play in. The home is a two bedroom 1 bath with a spacious living area and a formal dining room. The home has original hardwood floors throughout most of the home and some tile flooring in the back. The dining room has a built in china cabinet that is perfect for the family china. This home has had some updating including new foundation repair with 5 year warranty. This home is a must see to appreciate.

Investor Tools

$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$128,467
Rent-to-Value Ratio: 0.72%
Rent Estimate
$708 /month
Positive
Cash Flow Estimate:
$236 /month

Interested in this property?

Josh Stegemoller

Donnie Stegemoller, REALTORS®

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,989
$93,180
2025
$5,400
$87,780
$93,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,989
$93,180

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$126,000
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 Prater St | Property Details | No Agent List