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8036 County Road 604 - Turnkey Dual Rental near Lake Brownwood, TX 2 Unit Apartment Building Offered at $173,963 CAD at a 13.45% Cap Rate Brownwood, TX 76801
Investment Highlights
- Fully turnkey & income-generating. Both cabins are fully furnished and leased at $1,000/month each, bringing in $2,000/month in rental income.
- Flexible use, no enforceable restrictions, a 50-amp RV hookup, ability to host short-term, long-term, or personal stays.
- Low-maintenance design. Energy-efficient systems: mini-split HVACs, tankless water heaters, keyless entry, fenced landscaped lot.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$33,401
|
$83.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$33,401
|
$83.50
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,002
|
$25.01
|
| Net Operating Income |
$23,399
|
$58.50
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $33,401 |
| Annual Per SF | $83.50 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $33,401 |
| Annual Per SF | $83.50 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,002 |
| Annual Per SF | $25.01 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $23,399 |
| Annual Per SF | $58.50 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Tub/Shower
- Yard
- Coffee System
- Lawn
- Loft Layout
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Private Bathroom
About 8036 COUNTY ROAD 604 , BROWNWOOD, TX 76801
Turnkey dual-cabin investment near Lake Brownwood: fully furnished, income-producing, and flexible use! Built in 2024, this thoughtfully designed property features two cozy 1BD 1BA 10x20 cabins with sleeping lofts, offering a combined 400 sq ft of efficient living space. Each unit comfortably accommodates up to three guests and comes fully furnished, ready for short-term or long-term tenants or personal use. Constructed on pier and beam foundations with metal roofs, the cabins share a single electric meter and include tankless water heaters, mini-split HVAC systems, keyless entry, and Blink security cameras. Interiors are equipped with bedding, towels, fold-out couches, appliances, dishes, coffee makers, and ice machines, providing a complete turnkey setup. The fenced property is designed for low maintenance and privacy. The gravel front yard offers open parking, while a 50-amp RV hookup adds flexibility for guests or additional income streams. The landscaped backyard provides a peaceful retreat and includes a shed with a washer and dryer. A separate utility area houses the water meter and septic access. Currently leased at $1,000 per month per cabin, the property generates $2,000 per month in rental income. Tenants are in place and eager to stay. The numbers suggest the ROI exceeds the local average, according to the seller’s records. With no enforceable restrictions, this lake-area property offers a rare combination of lifestyle and investment potential, ideal for investors, vacation rental operators, or owner-occupants. Also listed as Residential MLS #21006205. Call today to explore this unique commercial opportunity!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,392 CAD | 200 |
Property Taxes
| Parcel Number | 42766 | Improvements Assessment | $26,957 CAD (2025) |
| Land Assessment | $8,253 CAD (2025) | Total Assessment | $35,210 CAD (2025) |
Property Taxes
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8036 County Road 604 - Turnkey Dual Rental near Lake Brownwood, TX
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