$53,722
508 Parkway Dr, Brownwood, TX, 76801
$69,839 ARV
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureDeal ListARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringVinyl
Exterior
Lot Size8,398 sqft
Land Information
APN53694
Lot Number3
SubdivisionGreen Acres Addition
Land UseResidential
Legal DescriptionGREEN ACRES, BLOCK 4, LOT 3
Census Tract951000
Assessed Land Value$2,770
Assessed Improvement Value$105,830
Assessment Year2025
About this property
YOU WON'T BEAT THIS PRICE ANYWHERE IN BROWNWOOD - This 2-bedroom, 1-bath brick home needs general repairs, but will provide an excellent flip or lease opportunity. Garage has been converted into a bonus room that could be used as a third bedroom. Home has central heat and air, electric range, dishwasher, and 2 refrigerators. Condition of appliances unknown. Home is being sold as is.
Investor Tools
$46,953Estimated Mortgage Balance
$115,047Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$69,839
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,318
$108,600
2025
$2,770
$105,830
$108,600
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,318
$108,600
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usda
Usda
$68,670
Yes
First
Dec 3, 2012
Dec 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,953
$115,047
71%
29%
$412/mo
