$870,000
 $4,940 est/mo Sourced by Back At You

401 Main Street,Brownwood, TX 76801

Brownwood, TX 76801

Share:

Description

Cash-flowing 10-unit property with super strong occupancy in an unbeatable downtown Brownwood location. All utilities separately metered and paid by tenants. The property offers multiple value add strategies including conversion to 20 units or conversion to STR. The property is sitting on a 0.5 acre lot in a prime location on Main St, offering excellent visibility and unbeatable convenience for tenants. 5 minute walk to the Howard Payne University campus and 7 min min drive to Hendrick Medical Center. $120k+ of improvements in recent years including updated electrical, plumbing, LVP flooring, new parking lot, and more. All units have identical layout - 2 bed 1 bath and 720 sqft - perfect size for single, retiree, or small family. Each unit features a dishwasher and W-D hookups. Location of the property offers significant upside potential supported by the award-winning Brownwood downtown revitalization project. Last but not least, enjoy the effective property tax rate of 0.6% with ultra-low tax appraised value! Contact listing agent for details.

Details

MLS #21129647
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1990
Days On Site274
Listing Provided ByReal Broker, LLC | Maxim Son

Features

Bed(s)20
Bath(s) 10 Total
Story(s)1
Units1
Building(s)5
Acreage0.49

Interior

CoolingCentral Air
HeatingCentral
Interior FeaturesOpen Floorplan
AppliancesBuilt-in Refrigerator, Dishwasher, Electric Cooktop, Electric Oven
Fireplace FeaturesNone

Exterior

RoofComposition
Construction MaterialsFrame, Siding
Foundation DetailsOther

Parking

Garage Yn0
Attached Garage Yn0
Parking FeaturesConcrete, Paved

Utilities

UtilitiesCity Sewer, City Water, Electricity Connected

Taxes

Unexempt Taxes6702
Tax Block11
Tax Legal DescriptionRANKIN, BLOCK 11, LOT 150X142

Area Information

StateTX
CountyBrown
CityBrownwood
Zip Code76801
AreaBrown
Community NameRankin
School DistrictBrownwood ISD
Elementary SchoolCoggin
High SchoolBrownwood
Listing VS Median (in Rankin)
Price:
$870,000
low | high
Med:
$150,000
100% of Average
On site:
274
low | high
Med:
1458
18.792866941015% of Average
Sourced by Back At You

Market Activity 76801

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Apex Realtors at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Contact

Learn More About This Property

StateTX
CountyBrown
CityBrownwood
Zip Code76801
AreaBrown
Community NameRankin
School DistrictBrownwood ISD
Elementary SchoolCoggin
High SchoolBrownwood
Listing VS Median (in Rankin)
Price:
$870,000
low | high
Med:
$150,000
100% of Average
On site:
274
low | high
Med:
1458
18.792866941015% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $652K - $1.87M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
405 W Chandler Street Property Photo 1
$1,150
405 W Chandler Street
Brownwood, TX 76801
Listing Updated: July 21, 2026 at 1:43:22 PM PDT