Last 24 Hours
$90,000
1215 Melwood Ave, Brownwood, TX, 76801
On Market
Just Added
2 Beds
1 Bath
1,146 Sq Ft
Single Family Residence
$78.53 / sqftProperty Lead Type:
BankruptcyAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesDishwasher, Gas Range
FlooringCarpet
Exterior
Lot Size10,890 sqft
Land Information
APN58776
SubdivisionOutlot
Land UseResidential
Legal DescriptionOUTLOT 294, LOT 60.5X180
Census Tract950700
Assessed Land Value$8,170
Assessed Improvement Value$68,500
Assessment Year2025
About this property
Charming 2 Bedroom, 1 Bath Home with Large Fenced Backyard This 2-bedroom, 1-bath home features a living room that flows into the kitchen, creating a simple and functional layout. The roof was replaced approximately 2 years ago. The property has a large, fenced backyard with a storage shed, along with a carport that can be accessed from the alley. The front covered porch connects to the front carport for added convenience. A simple home with plenty of outdoor space and useful features.
Investor Tools
$0Estimated Mortgage Balance
$106,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$636 /month
Positive
Cash Flow Estimate:
$212 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,636
$76,670
2025
$8,170
$68,500
$76,670
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,636
$76,670
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$106,000
100%
0%
$0/mo
12.4%