Fully remodeled duplex at 2906 4th St, Brownwood, TX—two spacious 2-bed 1-bath units (~930 sq ft each) feature open-concept layouts, fully equipped kitchens with high-end finishes, sleek modern fixtures, fresh flooring, all-new roof, new insulation and firewalls for added safety, large lot, and multiple off-street parking spaces in a welcoming neighborhood.One unit rents mo (tenants cover utilities) for ongoing income—one option is to occupy one unit and rent the other, or hold as a rental property. Next-door 2904 4th St duplex also available—consider both properties together.
** 100% occupied cash-flowing property on Main St! Turnkey, updated and very easy to manage ** The Brownwood Cottages is a 10-unit property in the heart of downtown Brownwood consisting of five identical buildings with a total of 7,140 rentable square feet. All units were recently renovated with $124k of improvements including new central HVAC, LVP flooring, appliances, parking lot and more. The property also features PVC sewer lines and copper wiring offering peace of mind and low maintenance costs moving forward. The property is situated on a 0.5 acre lot in a prime location on Main St, offering excellent visibility and unbeatable convenience for tenants, with everything Brownwood Downtown has to offer just a short walk away. It’s a 5 minute walk to the Howard Payne University campus and 7 min min drive to Hendrick Medical Center. All units have identical layout - 2 bed 1 bath and 720 sqft - perfect size for single, retiree, or small family. Each unit features a full appliance package including dishwashers as well as washer-dryer hookups. Utilities are separately metered and paid by tenants resulting in higher NOI and easier management. The property is 100% occupied with a waitlist of tenants and has shown strong rent growth and occupancy due to fantastic location and comfortable units that feel like more like homes vs traditional apartments. The Brownwood Cottages offer significant upside potential for investors, supported by the award-winning Brownwood downtown revitalization efforts and the spillover economic growth driven by major data-center development in Abilene, just an hour away. Last but not least, enjoy the effective property tax rate of 0.6% with ultra-low tax appraised value.
A single family dwelling on the front that needs a rebuild, and a triplex unit in the back. The bottom units have been rented, and the top unit needs to be finished before it is ready to rent. This is a good opportunity for an investor to generate income.

Brownwood is located in Texas. Brownwood, Texas has a population of 18,865. Brownwood is more family-centric than the surrounding county with 33.9% of the households containing married families with children. The county average for households married with children is 28.82%.
The median household income in Brownwood, Texas is $42,971. The median household income for the surrounding county is $49,232 compared to the national median of $69,021. The median age of people living in Brownwood is 35.4 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 30.4 degrees. The average rainfall is approximately 29.9 inches per year, with 1.1 inches of snow per year.