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Brownwood 76801
3501 4th Street
$90,000
● House - Off Market

3501 4th Street

Brownwood, TX 76801
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,813 Ft²
$99,166
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Great opportunity for someone looking for a home to come in and modernize to their liking and style. Located conveniently close to great schools and hospitals. This makes the home a great investment for the right person looking to capitalize on the market. Home sits on a nice corner lot with tons of potential. Owner is selling as is with no repairs. Buyer will need to purchase a new survey if they need one to close. Home will not go FHA, VA or USDA. This will need to be cash or conventional. Call for more info on this wonderful opportunity in Brownwood, TX.
Unit Size
1,813 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$55
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20270521)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Mar 3, 2023 Listed by Keller Williams Realty $99,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,722
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,813
  • Gross Building Area: 2,547
  • Building Area: 1,813
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,813
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BONNIE HIGHLANDS ADDITION
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: BONNIE HIGHLANDS, BLOCK A, LOT 11

Neighborhood

  • School District Name: Brownwood Independent School District
  • Census Tract: 951100

Geography

  • Account Number: 10230-0011-00
  • Parcel: 50571
  • Block: A
  • Lot: 11
  • Municipality: BROWNWOOD
  • Latitude: 31.6834
  • Longitude: -98.9668

    Address

  • Full Address: 3501 4th St
  • Address - House Number: 3501
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Brownwood
  • Carrier Code: C007
  • 4-Digit Zip Code: 6527
  • Zip Code: 76801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $296,802
  • Tax Rate Code Area: CBR GBC RR

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 122,956
  • High Value: 145,109
  • Low Value: 100,803

    Market Valuation

  • Market Total Value: $137,400
  • Market Land Value: $5,860
  • Market Improvement Value: $131,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,400
  • Assessed Land Value: $5,860
  • Assessed Improvements Value: $131,540

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3601
  • Previous Sale Recording Date: Jul 01, 2010
  • Previous Sale Amount: $86,300
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brownwood

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1663 ft²

Average Home Age

-

Currently For Sale

89 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Earl Bilbrey, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20270521
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3501 4th Street built and last sold?
The property at 3501 4th Street was built in 1962 and last sold on Jun 30, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 3501 4th Street is $107,688.
What are some comparable homes to 3501 4th Street?
There are currently no comparable homes to 3501 4th Street.
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