Paragon Realtors Real Estate

5601 F.m. 3021Brownwood, TX 76801Price: $399,000

  • Price: $399,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $399,000List Price
  • 6.38Acreage

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Listed by Justin Riggan of KWSynergy (325-510-0444)
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.

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Based on information submitted to North Texas Real Estate Information Services as of August 1, 2026 12:46 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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