401 Main Street, Brownwood, TX 76801

Local realty services provided by:CENTURY 21 Alliance Properties
401 Main Street,Brownwood, TX 76801
$870,000
  • 20 Beds
  • 10 Baths
  • 7,140 sq. ft.
  • Multi-family
  • Active
Listed by: maxim son
Office: real broker, llc.
MLS#:21129647
Source:GDAR

Price summary

  • Price:$870,000
  • Price per sq. ft.:$121.85

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1990
  • Listing ID #:21129647
  • Added:297 day(s) ago
  • Updated:June 21, 2026 at 11:46 AM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:10
  • Full bathrooms:10
  • Flooring:Luxury Vinyl Plank
  • Kitchen Description:Built In Refrigerator, Dishwasher, Electric Cooktop, Electric Oven
  • Living area:7,140 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1990
  • Building area:7,140 sq. ft.
  • Lot area:0.49 Acres
  • Construction Materials:Frame
  • Levels:1 Story

Schools

  • High school:Brownwood
  • Middle school:Brownwood
  • Elementary school:Coggin

Finances and disclosures

  • Price:$870,000
  • Price per sq. ft.:$121.85
  • Tax amount:$6,702

Features and amenities

  • Appliances:Built In Refrigerator, Dishwasher, Electric Cooktop, Electric Oven

Parking

  • Total parking spaces:20
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated June 21, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Alliance Properties. GDAR Member Broker: Roger Del Brandt II