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$165,000

9224 Highway 279, Brownwood, TX, 76801

$188,155 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,254 Sq Ft
price_per_sqft$131.58 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range
FlooringConcrete, Laminate, Wood

Exterior

Exterior FeaturesAwning(s)
Lot Size1.48 acres

Building Information

Garage Spaces2

Land Information

APN16227
SubdivisionJohn T Clelland Survey 64 Abstract
Land UseResidential
Legal DescriptionJOHN T CLELLAND, SURVEY 64, ABSTRACT 201, ACRES 1.48
Census Tract950202
Assessed Land Value$29,960
Assessed Improvement Value$137,870
Assessment Year2025

About this property

Welcome to 9224 Highway 279 near beautiful Lake Brownwood! Just a short drive from from the lake and 15 minutes to Brownwood, this property has incredible possibilities! Thinking about a weekend getaway or a short term rental for Lake Brownwood guests? This may be just the place you've been waiting for! Many updates over the past few years include replaced roof on home, detached garage, and storage building in 2024, updated and refinished flooring, updated kitchen countertops and appliances, updated paint throughout and on the exterior of the house. Situated on just under 1.5 acres, there is plenty of room for parking vehicles and lake toys. Detached double garage for extra parking or storage, plus a large shed in excellent condition that could be used as a workshop. Conveniently located within walking distance to E-Z Mart for necessities and gas. Call today for a private showing!

Investor Tools

$124,943Estimated Mortgage Balance
$187,057Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$188,154
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

Interested in this property?

Abby Cadenhead

KWSynergy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,118
$167,830
2025
$29,960
$137,870
$167,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,118
$167,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$135,800
No
First
Mar 31, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,943
$181,057
59%
40%
$815/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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9224 Highway 279 | Property Details | No Agent List