401 Main Street, Brownwood, TX 76801
Local realty services provided by:CENTURY 21 Alliance Properties
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 ultra-low tax appraised value! Contact listing agent for details....
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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
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