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Lake Brownwood 76801
8065 County Road 603
$84,500
● House - Off Market

8065 County Road 603

Brownwood, TX 76801
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,344 Ft²
$551
Est. Monthly
19.74%
Cap Rate

About This Property

Lovely park like setting with over 40 trees surround this doublewide. The home has an excellent floorplan that flows well and provides all the room needed. It does need some refreshing but the basics are here to work with. Also on the property are two RV hookups and drains that can provide additional income. Current RV owner rents the space for $300 a month. The front of the property is commercially zoned so this is your chance to have a little space and big dreams! Perfect location for garden and fruit stand or any other endeavor you have been waiting to try! Houses are getting hard to find at this price so do not wait to schedule your showing!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$65
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #20375846)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Jul 7, 2023 Listed by Texas Realty $87,000
Listed by Texas Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 52,703
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,344
  • Gross Building Area: 2,964
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER CREEK MONBIL HOME
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: LAMAR TERRACE, BLOCK 3, LOT 7, 8, N/2 OF 6, MH LABEL # NTA1024174 / NTA1024175

Neighborhood

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

Geography

  • Account Number: R5127-0077-01
  • Parcel: 20005689
  • Block: 3
  • Lot: 7,8
  • Municipality: BROWNWOOD
  • Latitude: 31.8276
  • Longitude: -99.0925

    Address

  • Full Address: 8065 County Road 603
  • Address - House Number: 8065
  • Address - Street Name: County Road 603
  • State: TX
  • City Name: Brownwood
  • Carrier Code: R005
  • 4-Digit Zip Code: 9128
  • Zip Code: 76801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,721
  • Tax Rate Code Area: GBC RRF SB

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 102,541
  • High Value: 121,016
  • Low Value: 84,066

    Market Valuation

  • Market Total Value: $114,060
  • Market Land Value: $23,720
  • Market Improvement Value: $90,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,060
  • Assessed Land Value: $23,720
  • Assessed Improvements Value: $90,340

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2013
  • Current Sale Recording Date: Jun 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 4375
  • Previous Sale Recording Date: Dec 19, 2012
  • Previous Sale Contract Date: Dec 05, 2012
  • Previous Sale Document Type: 34
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

$129

Below Asking

0.03%

Average Days on Market

73

Average Home Size

1859 ft²

Average Home Age

-

Currently For Sale

23 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

Unit for rent at 6960 Clifden Drive, Brownwood, TX, 76801

$1,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
6960 Clifden Drive, Brownwood, TX, 76801 Listing by Melanie Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kelly Branham, Texas Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20375846
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8065 County Rd 603 built and last sold?
The property at 8065 County Rd 603 was built in 2000 and last sold on Jun 21, 2013 for $86,300.
How much is this home worth?
The estimated value of the home located at 8065 County Rd 603 is $0.
What are some comparable homes to 8065 County Rd 603?
There are currently no comparable homes to 8065 County Rd 603.
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