5601 F.M. 3021, BROWNWOOD, TX 76801
Homes for sale in Brownwood.
Homes for sale in 76801.
List Price$399,000
5601 F.M. 3021
Brownwood, TX 76801
Listing #21345507
About This Property
Build your dream home or barndominium while enjoying immediate rental income with this rare 6.4-acre opportunity at Lake Brownwood! Whether you're looking for a peaceful full-time residence, a weekend retreat, or an investment property, this one offers the best of both worlds. Two recently built, fully furnished tiny homes are generating consistent income, allowing you to offset your future mortgage or create a profitable long-term investment. Each professionally finished cabin features a unique and memorable theme--Octopunk & Galatikitty--designed to provide guests with a 1-of-a-kind experience. Both 1 bedroom, 1 bath cabins comfortably sleep 4 and include a well-equipped kitchenette, loft, washer & dryer, mini-split HVAC systems, & access to a shared open courtyard with 2 outdoor grills & a picnic area. Surrounded by mature oak trees, abundant wildlife, & beautiful rolling terrain, the property offers multiple scenic locations to build your custom home or barndominium while maintaining privacy from the existing rentals. The elevated setting provides breathtaking views of the native landscape, creating a peaceful atmosphere that guests & future homeowners alike will appreciate. The location couldn't be better--directly across from the Texas A&M AgriLife 4-H Conference Center, just 5 minutes from The Hideout Golf Club & Resort, & only 12 minutes from Brownwood. This prime location keeps the cabins in high demand. The property is fully developed with room for additional improvements or expansion. The two tiny homes are currently rented on monthly short-term leases & are booked through the end of September, producing $2,750 per month in gross rental income. These rates could be increased in the future to increase rental income. If you've been searching for a property where you can build your forever home while adding financial benefits of an established income-producing investment, this turnkey Lake Brownwood property is one you won't want to miss.
Property Features
Location Information
County
Brown
Subdivision
BROWNWOOD OAKS SUBDIVISION
Interior Features
Has Fireplace
No
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Exterior Features
Style
Barndominium
Possible Best Use
Agricultural, Commercial, D
Utilities
Electricity Connected, Septic Available, Water Available
Zoning
NONE
Lot Description
Acreage, Hardwood Trees, Interior Lot, Many Trees
Development Status
Streets Installed
Lot Size in Acres
6.38
Road Description
Farm to Market Road, Asphalt
Lot Size in Sq. Ft.
277,912
Is One Story
No
Current Use
Commercial, Multi-Family, Residential, Recreational, S
Lot Description
Acreage, Hardwood Trees, Interior Lot, Many Trees
School
Elementary School District
Bangs ISD
Jr. High School
Bangs
Elementary School
J B Stephens
High School
Bangs
Additional Information
Property Type
LL
Status
Active
Property SubType
Improved Land
Has a Home Owners Association
No
Year Built
2023
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$1,862
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,437
Monthly Tax
$332
Monthly Insurance
$93
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
Real Estate IDX Powered by iHomefinder
