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Lake Brownwood 76801
7101 Bray Drive
$62,500
● House - Off Market

7101 Bray Drive

Brownwood, TX 76801
bedrooms
1 Bed
bathrooms
0 Bath
square feet
520 Ft²
$64,823
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Move-in ready one bedroom one bath home is the perfect weekend getaway, Airbnb or a family looking to downsize. The cabin has a nice kitchen with an abundance of cabinets for great storage, refrigerator and stackable washer-dryer convey.  In addition to the cabin there is covered RV parking with full hook-up and an RV that conveys as well.  A top-of-the-line storage building with electricity is a great place to store your lake toys and projects!  There is lovely landscaping with colorful rose bushes, pecan, pear, mulberry and fig trees.  A nice chicken coop will convey as well! The .34 acre lot is fully fenced. Located in a quiet area minutes to the lake. Come see this one today!
Unit Size
520 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$125
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
2017

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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 #20317179)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
May 1, 2023 Listed by Texas Goldstar Real Estate $65,000
Listed by Texas Goldstar Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 17
  • 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: 15,002
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 520
  • Gross Building Area: 1,174
  • Building Area: 520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHAMROCK SHORES SECTION D
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: SHAMROCK SHORES SECTION D, LOT 46, 47, 48

Neighborhood

  • School District Name: Bangs Independent School District
  • Census Tract: 950202

Geography

  • Account Number: R7833-0046-00
  • Parcel: 44985
  • Lot: 46-48
  • Municipality: BROWNWOOD
  • Latitude: 31.8171
  • Longitude: -99.0997

    Address

  • Full Address: 7101 Bray Dr
  • Address - House Number: 7101
  • Address - Street Name: Bray
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Brownwood
  • Carrier Code: H030
  • 4-Digit Zip Code: 0628
  • Zip Code: 76801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $58,179
  • Tax Rate Code Area: GBC RRF SB

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 71,911
  • High Value: 88,528
  • Low Value: 55,294

    Market Valuation

  • Market Total Value: $46,680
  • Market Land Value: $4,200
  • Market Improvement Value: $42,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,680
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $42,480

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3892
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 Lake Brownwood

Stats & Trends

Median Asking:

$129,900

Sale Price/ft²

$122

Below Asking

0.04%

Average Days on Market

82

Average Home Size

1878 ft²

Average Home Age

-

Currently For Sale

21 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: Christy Meinecke, Texas Goldstar Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20317179
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7101 Bray Drive built and last sold?
The property at 7101 Bray Drive was built in 2017 and last sold on Jul 17, 2023 for $80,631.
How much is this home worth?
The estimated value of the home located at 7101 Bray Drive is $71,876.
What are some comparable homes to 7101 Bray Drive?
There are currently no comparable homes to 7101 Bray Drive.
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