Brownwood, TX 76801,401 Main ST
Brownwood, TX 76801,401 Main ST
Brownwood, TX 76801,401 Main ST
Brownwood, TX 76801,401 Main ST
Brownwood, TX 76801,401 Main ST
Brownwood, TX 76801,401 Main ST
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$ 949,000
Est. payment | /mo

20 Beds

10 Baths

7,140 SqFt


$ 949,000
Est. payment | /mo

20 Beds

10 Baths

7,140 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,140 sqft

Price per Sqft $132

Subdivision Rankin

MLS Listing ID 21044456

Bedrooms 20

Full Baths 10

HOA Y/N No

Year Built 1990

Annual Tax Amount $6,940

Lot Size 0.489 Acres

Acres 0.489

Property Sub-Type Duplex

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.

Location

State TX

County Brown

Direction GPS

Interior

Interior Features Cable TV

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile, Vinyl

Fireplace No

Appliance Electric Oven, Refrigerator

Exterior

Parking Features Additional Parking, Asphalt, Lighted, On Site

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Street Surface Asphalt

Total Parking Spaces 20

Garage No

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Coggin

High Schools Brownwood

School District Brownwood Isd

Others

Tax ID 000000055806

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21044456

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401 Main ST