5601 F.M. 3021
Brownwood, TX 76801
$389,000
6.38 acres
Description
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.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| J B Stephens Elementary School | PK - 5 | Regular |
| Bangs Middle School | 6 - 8 | Regular |
| Bangs High School | 9 - 12 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.