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5601 FM 3021

Brownwood, TX 76801

$389,000

2 units · 2023

Units2
Building area616 sq ft
Year built2023
Gross income$33,000/yr
Cap rate6.43% as listed
Parking4 spaces
Lot size6.38 acres
TypeResidential Income

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$10,000 per year — as listed
Insurance$800 per year — as listed
Net operating income$25,000 per year — as listed

About this home

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.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric
FlooringLuxury Vinyl Plank
AppliancesDryer, Microwave, Refrigerator, Washer
Interior featuresBuilt-in Features, Decorative Lighting, Eat-in Kitchen, Loft, Open Floorplan

Construction materialsSiding
RoofComposition
FoundationPillar/Post/Pier

Lot featuresAcreage, Interior Lot, Many Trees
Water sourceCo-op Water
SewerAerobic Septic
ElectricElectricity Connected

SubdivisionBROWNWOOD OAKS SUBDIVISION

ElementaryJ B Stephens
Middle schoolBangs
High schoolBangs
DistrictBangs ISD

Gross income$33,000 per year
Operating expenses$10,000 per year
Operating includesInsurance, Utilities, Other
Insurance$800 per year
Cap rate6.43% — as listed
Net operating income$25,000 per year

MLS #21346113
Source
Price changeReduced by $10,000 · Sep 29, 2026
On the market60 days
CountyBrown

Around this home

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Listing courtesy of Faith & Legacy Realty — Justin Riggan.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21346113. Information last updated September 29, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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