401 Main Street, Brownwood, TX 76801
Local realty services provided by:ERA Myers & Myers Realty
Listed by:paul infinger325-646-5979
Office:lone star home & loan
MLS#:21044456
Source:GDAR
Price summary
- Price:$949,000
- Price per sq. ft.:$132.91
About this home
The Brownwood Cottages is a turnkey, income-producing multi-family investment consisting of 10 units across five duplexes in Brownwood, TX. Generating strong cash flow with low operating expenses, this property offers individually metered utilities (electric and water paid by tenants), low property taxes ($5,787 annually, under 7% of scheduled income), and minimal maintenance costs due to recent renovations, including updated plumbing (2023), HVAC (2020), and new appliances. With high occupancy and strong rental demand, the property benefits from its prime location near Howard Payne University and major employers. Don't miss out on this rare opportunity to acquire a stable, high-yield asset in a growing rental market.
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Home facts
- Year built:1990
- Listing ID #:21044456
- Added:1 day(s) ago
- Updated:August 29, 2025 at 12:43 PM
Rooms and interior
- Bedrooms:20
- Total bathrooms:10
- Full bathrooms:10
- Living area:7,140 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1990
- Building area:7,140 sq. ft.
- Lot area:0.49 Acres
Schools
- High school:Brownwood
- Elementary school:Coggin
Finances and disclosures
- Price:$949,000
- Price per sq. ft.:$132.91
- Tax amount:$6,940
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