Address
1101 Avenue D, Brownwood, TX
Price
$ 379,000
Property Attributes
  • MLS#20534524
  • TypeContingent
  • CountyBROWN
  • CityBrownwood
  • NeighborhoodCleveland Addition
  • Zip76801
  • StyleMultiple Single Units
  • Price$ 379,000
  • Bedrooms9
  • Full Bathrooms7
  • Half Bathrooms1
  • Lot Size1.2323 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

This is an interesting property with tons of potential and possibilities. First off there are 7 tiny homes of which 5 are 1 bedroom and 1 bath and 2 are 2 bedrooms with 1 bath. 5 are completely finished and just need to be cleaned up and maybe some minor repairs. 1 unit needs appliances and trim work to be finished, and the last unit is just a shell and needs a buildout inside to be complete. These units are perfect for short term rentals, long term rentals, or fully furnished units for personnel coming in on 3-6 month contracts. 1 bedroom units could easily get $500-700 per month each while 2 bedroom units could $700-850 per month each. That's a total of $3900-5200 per month in rents. PLUS there is plenty of room to add an additional 5-9 units for additional revenue. Next door is the old rock church and it has over 10,000 square feet of space. The building has a good roof and solid rock exterior, but is need of updates and repairs. This space has endless possibilities!!

Elementary School
Coggin Elementary School
Price History
2/15/2024 Listed $379,000

General Features

Heating Natural Gas,Space Heater,Wall Furnace
Complex Name BCHS
Cooling Ceiling Fan(s),Electric,Wall Unit(s),Wall/Window Unit(s)
Utilities All Weather Road,Alley,Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected,Individual Water Meter,See Remarks
Possession Closing/Funding
Roof Composition,Metal
Appliances Electric Oven,Electric Water Heater,Microwave,Refrigerator
School District Brownwood ISD
Capitalization Rate 0.00
Exclusions personal property in the main rock building
Year Built 9999
Tenancy None
Levels One
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Multiple Single Units
Subdivision Name Cleveland Addition
Occupant Type Vacant
County Brown
Property Type Residential Income
Construction Materials Board & Batten Siding,Rock/Stone,Siding
Year Built Details Preowned
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit YN Yes
HOA Type None
Special Notes Aerial Photo,Environ. Study Complete,Utility Easement
# of Buildings 6
Status Active Option Contract
Directions GPS friendly. On the corner of Ave D and Durham.
City Brownwood
Buyer Agent Compensation 3
Elementary School Name Coggin
High School Brownwood
Street Name Avenue D
Elementary School Coggin
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20534524
Standard Status Active Under Contract
Buyer Agent Compensation Type %

Interior Features

Interior Features Open Floorplan
Flooring Concrete,Linoleum
Total Units 7
Unit Count 2
Full Baths 7
Half Baths 1
Lock Box Type Blue iBox
Total Bedrooms 9
Window Features Window Coverings

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Cleared,Corner Lot,Level
Fencing None
Lot Size Source Assessor
Parking Features Additional Parking,Alley Access,Common,Driveway,Gravel,Off Street,On Site,Parking Lot,Private
Lot Size 1 to < 3 Acres
Foundation Block,Pillar/Post/Pier,Slab
Lot Size Area 1.2323
Lot Size Dimensions 335x160
Number Of Parking Spaces 50
Lot Size Units Acres
Building Area Total 10866.00
Lot Size Square Feet 53678.9880
Lot Size Acres 1.2323
Patio And Porch Features Covered,Front Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 76801

Price
AVG $350K
$380K
Visits
AVG 77
49
Data Provided by Inside Real Estate®

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