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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5601 Fm 3021 , Brownwood, TX 76801
$399,000
Est. Payment: $2,054.23/mo
2 Bed
2 Bath
616 Sqft
Status: active | Days on site: 25
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Turnkey, income-producing investment opportunity on 6.4 scenic acres at Lake Brownwood! Already generating steady cash flow, this unique property offers incredible potential for investors looking to expand their short-term rental portfolio. With plenty of room for future development, the possibilities are endless. Add more tiny homes, glamping accommodations, RV sites, event space, or create your own destination retreat—the sky is the limit. Two recently built, fully furnished tiny homes are already in place and producing consistent income through monthly short-term rentals. Each professionally designed cabin features a unique theme—Octopunk and Galatikitty—that creates a memorable guest experience. Both one-bedroom, one-bath cabins sleep four and include a kitchenette, loft, washer and dryer, mini-split HVAC, and access to a shared outdoor courtyard with two grills and a picnic area. Surrounded by mature oak trees, abundant wildlife, and rolling terrain, guests enjoy the peace and beauty of nature while remaining close to the area's top attractions. Conveniently located directly across from the Texas A&M AgriLife 4-H Conference Center, just 5 minutes from The Hideout Golf Club & Resort, 10 minutes from Lake Brownwood State Park, and 12 minutes from Brownwood. The tiny homes are currently booked through the end of September on monthly short-term leases, generating $2,750 per month in gross rental income. The current owner has never increased the monthly rental rate, providing an excellent opportunity for a new owner to boost income while maintaining strong occupancy. With proven rental history, immediate cash flow, expansion potential, and an unbeatable location, this is a rare opportunity to own an investment property that's ready to produce income from day one while offering tremendous upside for future growth.

Highlights

Listed by Justin Riggan , and Sheri Wells , KWSynergy , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
6.38

Year Built

2023

County

Brown

Neighborhood

Brownwood Oaks Subdivision

School District

Bangs ISD

Listing ID

21346113

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Microwave, Refrigerator, Washer
Air Cond:Central Air,Electric
Fireplaces:
Floor:Luxury Vinyl Plank
Other:
  • Additional:Built-in Features, Decorative Lighting, Eat-in Kitchen, Loft, Open Floorplan

Exterior Features

Lot:Acreage,Interior Lot,Many Trees,5 to < 10 Acres
Garage Capacity:4
Roof:Composition
Others:
  • Additional:Outdoor Grill, Private Entrance, Preowned
Parking Features:Additional Parking,Common,Gravel,Guest,Off Street,On Site,Oversized
Principal Interest
$2,054
Taxes
$254

Home Price

$399,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$79,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,054.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,054.23 $254.36 $0.00 $2,308.59
Yearly $24,650.70 $3,052.35 $0.00 $27,703.05
Total $739,521.10 $91,570.50 $0.00 $831,091.60

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Brownwood, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T01:22:49.237Z

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