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401 Main Street, 
Brownwood, TX 76801

$949,000


20

Beds


10

Baths


7,140

Sq Ft


Multi-Family


Virtual Tour

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Listed by

Paul Infinger

Lone Star Home & Loan

Last updated:

August 29, 2025, 12:43 PM

MLS#

21044456

Source:

GDAR

About This Home

401 Main Street

The Brownwood Cottages is a turnkey, income-producing multi-family investment consisting of 10 units across five duplexes in Brownwood, TX. Generating strong cash flow with low operating expenses, this property offers individually metered utilities (electric and water paid by tenants), low property taxes ($5,787 annually, under 7% of scheduled income), and minimal maintenance costs due to recent renovations, including updated plumbing (2023), HVAC (2020), and new appliances. With high occupancy and strong rental demand, the property benefits from its prime location near Howard Payne University and major employers. Don't miss out on this rare opportunity to acquire a stable, high-yield asset in a growing rental market.

Home Facts

Multi-Family

10 Baths

20 Bedrooms

Built in 1990

Price Summary

949,000

$132 per Sq. Ft.

MLS #:

21044456

Last Updated:

August 29, 2025, 12:43 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

20

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

10

Interior

Living Area:

7,140 Sq. Ft.


Structure

Structure

Building Area:

7,140 Sq. Ft.

Year Built:

1990


Lot

Lot Size (Sq. Ft):

21,300


Finances & Disclosures

Finances

Price:

$949,000

Price per Sq. Ft:

$132 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 29, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker American Dream Realty.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.