401 Main Street, Brownwood, Texas 76801

  • 1990
  • 20
  • 10

Duplex For Sale

$975,000
ActiveListing ID #20846855
Basic Details
Residential Income
Active
20846855
1990
$975,000
21,300.84 Sqft
7,140 Sqft
20
10
0.489
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.

Features
Wood Siding
Composition
Central
Central Air, Ceiling Fan(s)
Electricity Connected, Sewer Available, Separate Meters, Water Available
Open Floorplan
No
Additional Information
Brownwood ISD
Northwest
Brownwood
Brownwood
Preowned
10
Close Of Escrow
Maggie Parks-Lacamp
Rogers Healy and Associates
Address Map
401
Main Street
Rankin
Brownwood
TX
76801
Brown
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    Data last updated: 05/08/2025 5:19 PM

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    Duplex For Sale

    $975,000
    ActiveListing ID #20846855
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    LeCordes@HomesandLandinTexas.com 214-836-0752
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