








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Brownwood at 3004 Waterstone Way, Brownwood, TX, 76801 with 5% annual appreciation on a $245,000 basis while $2,006/mo rent supports operations. 86% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 9.83%. Five-year ROI measures 100.21% and total cumulative return in cash totals $81,384. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,006/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2020
217.80 sqft lot
$N/A/sqft
$335 monthly HOA
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,676 (100%) |
| Owner Occupied HU | 6,492 (51.2%) |
| Renter Occupied HU | 3,800 (30.0%) |
| Vacant Housing Units | 2,384 (18.8%) |
| Median Home Value | $167,797 |
| Average Home Value | $210,963 |
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $3759.26 | N/A | $176,268 | 20.00% |
| 2023-05-15 | N/A | N/A | $146,890 | 3.46% |
| 2022-05-15 | $3142.51 | N/A | $141,980 | 9.09% |



Listed by: Sheri Wells • KWSynergy
Mls Name: NTREIS
Mls ID: #20936852
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.