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B+
NoAgentList RatingHow are grades calculated? Info

$234,000

7350 Hobbs Lane, Brownwood, TX, 76801

$285,634 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.63 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesOther

Exterior

Lot Size5.60 acres

Building Information

Year Built2009

Land Information

APN20002488
SubdivisionJames Kenney Survey 624 Abstract
Land UseResidential
Legal DescriptionJAMES KENNEY, SURVEY 624, ABSTRACT 579, TRACT 22, ACRES 5.6, MH LABEL # NTA1498603 / NTA1498604
Census Tract950202
Assessed Land Value$96,280
Assessed Improvement Value$94,040
Assessment Year2025

About this property

2 homes on 1 site not far from Lake Brownwood! The main house at the far end of the property is move-in ready and has a front porch, giving you the perfect spot for relaxing. With open-concept living, dining, and kitchen, 4 bedrooms, and a spacious master bathroom with both tub and shower, this home has plenty of room for multiple people or space to spread out and have an office, hobby room, or just storage. The second house, a 2 bed 2 bath and 1094 sq ft, is ready for you to get creative and make your own! It could be a guest house, separate office space, or multi-family. This property is fully fenced and sits at the end of a county road with wide open spaces on all sides that give you a sense of privacy. If you're looking for a property with endless possibilities, call today for a private showing!

Investor Tools

Property Icon
$271,000
Estimated Property Value
$0Estimated Mortgage Balance
$47,149Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$285,634
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$840
$190,320
2025
$96,280
$94,040
$190,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$840
$190,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Fha
$229,270
Yes
First
Jan 13, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,851
$47,149
17%
83%
$1,375/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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7350 Hobbs Lane | Property Details | No Agent List