1. Texas
  2. Brownwood
  3. 401 Main Street
$949,000

401 Main Street, Brownwood, TX 76801

  • 20 beds |
  • 10 baths |
  • 7,140 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon0.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Lone Star Home & Loan : 325-646-5979
Listing Agent:
Paul Infinger :
MLS ID:
21044456
  • General: Cable TV
  • Appliances: Electric OvenRefrigerator
  • Flooring: TileVinyl
  • A/C: Central AirElectric
  • Heating: CentralElectric

This listing courtesy of Paul Infinger, Lone Star Home & Loan

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Coggin Elementary School

800 Rogan St, Brownwood, TX, 76801

Grades PK-6

0.55 miles away

B

Brownwood Middle School

1600 Calvert Rd, Brownwood, TX, 76801

Grades 6-8

3.26 miles away

B

Brownwood High School

2100 Slayden St, Brownwood, TX, 76801

Grades 9-12

2.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.