4410 HIGHWAY 377 S, BROWNWOOD, TX 76801
Homes for sale in Brownwood.
Homes for sale in 76801.
List Price$1,650,000
4410 Highway 377 S
Brownwood, TX 76801
Listing #21055316
About This Property
Prime Hospitality Investment Available in Brownwood Tx. The Gate 1 Inn offers a rare value-add opportunity in one of Brownwood's fastest-growing areas. This 56-room hotel includes a mix of double queen and king suites, a private 3 bed, 2 bath owner's apartment, a welcoming front lobby, laundry area with ample storage, guest laundry, multiple storage buildings, large truck parking, and a clubhouse with rental potential. Ideally located near Brownwood's medical and industrial districts, the property draws year-round demand from business travelers, contractors, and extended-stay guests. Nearby employers such as Brownwood Regional Medical Center, Kohler, 3M, and Superior Cable collectively employ more than 2,500 workers, creating a strong lodging base. The property also shares parking with The Section Hand Restaurant, which is available for purchase, creating an opportunity to combine dining and lodging operations. Situated on a high-traffic corridor with over 10,000 vehicles daily, the hotel benefits from excellent visibility and access. Brownwood is undergoing rapid growth with a new event center, downtown redevelopment projects, and expanding commercial and residential activity--all expected to increase visitor and resident demand. Current market hotel rates average $150 per night, leaving significant upside for new ownership. Updating the property's exterior appeal, improving amenities, and implementing modern marketing strategies could quickly raise rates and occupancy. With direct visitor spending exceeding $65 million annually, this property is positioned to serve a diverse guest base, from travelers and event attendees to healthcare and industrial workers. The Gate 1 Inn is a unique chance to acquire an underperforming asset with strong growth potential in a thriving market.
Property Features
Location Information
County
Brown
Subdivision
None
Interior Features
Has Fireplace
No
Tenant Pays
None
Heating
Central
Total Number of Units
56
Cooling
Central Air
Accessibility
Accessible Doors
Floors
Luxury Vinyl Plank, Other
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
188,963
Foundation
Slab
Possible Best Use
Hotel/Motel
Roof
Composition
Zoning
Commercial
Utilities
Electricity Available, Phone Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
27,902
Parking Description
Asphalt, Common, Paved, Parking Lot
Road Description
Asphalt
Lot Size in Acres
4.338
Is One Story
No
Additional Information
Year Built Details
Preowned
Tax Annual Amount
16767.0
Property Type
COM
Exclusions
All personal property in the apartment, garage, community room and the golf cart.
Property SubType
Hotel/Motel
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$7,705
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,945
Monthly Tax
$1,375
Monthly Insurance
$385
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Jennifer Stewart, Turnkey Realty LLC

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NTREIS - North Texas data last updated at May 26, 2026, 4:28 PM CT
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