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$289,000

1611 16th Street, Brownwood, TX, 76801

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,713 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.71 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Microwave
FlooringCarpet, Ceramic Tile, Hardwood, Laminate, Wood

Exterior

Exterior FeaturesDeck, Rain Gutters, Storage
Lot Size15,446 sqft

Building Information

Year Built1965
Garage Spaces1

Land Information

APN56752
Lot Number10
SubdivisionSouth View Addition
Land UseResidential
Legal DescriptionSOUTH VIEW ADDITION, BLOCK D, LOT 10 & PART 9
Census Tract950900
Assessed Land Value$6,330
Assessed Improvement Value$178,900
Assessment Year2025

About this property

Beautiful mature oak trees frame this inviting 3 bedroom, 2 bath home situated on a gorgeous corner lot in a quiet, established neighborhood. With two spacious living areas, this home offers plenty of room to spread out, entertain or create the perfect den, game room or second family room. Warm hardwood floors add character, while new carpet has been installed in all three bedrooms and the den and game room. Hardwood flooring is also believed to be underneath the carpet in all three bedrooms. One of the standout features of this property is the approximately 24 x 30 workshop-garage. Foam insulated, heated and cooled, this impressive space offers year round comfort and tremendous possibilities for hobbies, projects, woodworking or additional workspace. Outside, the beautiful yard features a sprinkler system and magnificent mature oak trees that provide wonderful shade and curb appeal. Parking and storage are abundant with a detached garage, 3 car carport with convenient alley access, the large workshop and an additional storage room on site. With its beautiful corner lot, two living areas, hardwood floors, incredible workshop and exceptional parking and storage, 1611 16th Street offers the space, character and functionality that can be hard to find. Come see everything this well loved home has to offer.

Investor Tools

$145,076Estimated Mortgage Balance
$118,924Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Sheri Wells

KWSynergy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,625
$185,230
2025
$6,330
$178,900
$185,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,625
$185,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank (Brownwood Tx)
Commercial
$150,000
No
First
Dec 26, 2024
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,076
$118,924
45%
55%
$900/mo

City: Brownwood

1611 16th Street | Property Details | No Agent List