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For sale
  • $999,000

    401 Main St, Brownwood, TX 76801

    20beds
    7,140sqft
    : 
    Duplex, Multi Family
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $140/sqft
    $-- HOA

    What's special

    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.
    66 days
    on Zillow
    |
    136
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 19, 2025 at 02:10pm

    Listed by:

    Maggie Parks-Lacamp 0674896 214-493-2407,

    Rogers Healy and Associates 214-368-4663,

    Kodi Nelson 0670927,

    Rogers Healy and Associates

    Source: NTREIS,MLS#: 20846855
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 401 Main St.

    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Electric Oven, Refrigerator
    Features
    • Open Floorplan
    • Flooring: Luxury Vinyl, Luxury VinylPlank
    Interior area
    • Total structure area: 7,140
    • Total interior livable area: 7,140 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 8
    • Parking features: Asphalt
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 000000055806

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Available, Separate Meters, Water Available

    Community & HOA

    Community
    • Subdivision: Rankin
    HOA
    • Has HOA: No
    Location
    • Region: Brownwood

    Financial & listing details

    • Price per square foot: $140/sqft
    • Annual tax amount: $5,784
    • Date on market: 2/19/2025
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