Last listed at $439,000, closed on sep 2018

—

•

11,070

sq ft

3600 Rhodes Rd, Brownwood, TX 76801

About this home

You found it. Well maintained small apartment complex hidden in plain sight. Occupancy rate is near perfect with many long term tenants. The larger two bedroom units have washer, dryer and brick fireplaces. One bedroom units are simple yet spacious for the single tenant or couple. Location is on south side of town with easy route to all large industry, hospital and other medical facilities. Land lot is 1.4 acres with plenty of room to duplicate the existing 12 units with plenty of parking area to double the income. Tenants pay for electric and landlord pays water, sewer, trash. Call quick to see the money maker.

Multi-familyProperty Type

1.4 acresLot Size

$40Price/Sq.Ft.

40 spacesParking

Listed by Sheri Wells • KWSynergy

Listed by Brad Wells

Bought with Terry Blagg • Coldwell Banker - Mark Campbell & Assc

Redfin checked: a few seconds ago

•Source:NTREIS #13814669

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 76801, TX

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.4%

0.0% MoM

Median sale price

$209K

$2K MoM

Avg. days on market

62d

0 days MoM

Recently sold homes

1 MoM

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Provided by Redfin

Sale history for 3600 Rhodes Rd

Year

Property tax

Land + Additions

Assessment*

2026

$12,806 (+5.3%)

$18,690 + $581,350

$600,040

2025

$12,158 (−2.1%)

$11,200 + $579,140

$590,340

2024

$12,425 (+4.0%)

$11,200 + $571,400

$582,600

2023

$11,949 (−2.4%)

$11,200 + $541,960

$553,160

2022

$12,243 (+65.4%)

$11,200 + $541,960

$553,160

2021

$7,401 (−10.8%)

$11,200 + $302,250

$313,450

2020

$8,298 (−3.1%)

$11,200 + $329,720

$340,920

2019

$8,564 (−2.3%)

$11,200 + $329,720

$340,920

2018

$8,765 (+4.5%)

$11,200 + $325,030

$336,230

2017

$8,391 (+2.4%)

$11,200 + $307,420

$318,620

2016

$8,190 (+4.7%)

$11,200 + $307,420

$318,620

2015

$7,819 (−0.7%)

$11,200 + $307,420

$318,620

2014

$7,875

$11,200 + $294,610

$305,810

Tax history for 3600 Rhodes Rd

Year

Property tax

Land + Additions

Assessment*

2026

$12,806 (+5.3%)

$18,690 + $581,350

$600,040

2025

$12,158 (−2.1%)

$11,200 + $579,140

$590,340

2024

$12,425 (+4.0%)

$11,200 + $571,400

$582,600

2023

$11,949 (−2.4%)

$11,200 + $541,960

$553,160

2022

$12,243 (+65.4%)

$11,200 + $541,960

$553,160

2021

$7,401 (−10.8%)

$11,200 + $302,250

$313,450

2020

$8,298 (−3.1%)

$11,200 + $329,720

$340,920

2019

$8,564 (−2.3%)

$11,200 + $329,720

$340,920

2018

$8,765 (+4.5%)

$11,200 + $325,030

$336,230

2017

$8,391 (+2.4%)

$11,200 + $307,420

$318,620

2016

$8,190 (+4.7%)

$11,200 + $307,420

$318,620

2015

$7,819 (−0.7%)

$11,200 + $307,420

$318,620

2014

$7,875

$11,200 + $294,610

$305,810

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

1.4 Acres

Year renovated

—

Sq. Ft.

11,070

Year built

1983

Style

Other

County

Brown County

APN

000000039138

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Property details

Parking

Parking Information
Number Of Parking Spaces: 40
Open Parking Spaces: 0
Parking Features: Common

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 12

Bedroom Information
Bedrooms Total: 20

Fireplace Information
Fireplaces Total: 8
Fireplace Features: Brick

Heating & Cooling
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric

Interior Features
Appliances: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
Living Area: 11070.00
Levels: One
Flooring: Carpet, Vinyl
Interior Features: High Speed Internet Available

Exterior

Building Information
Roof: Composition
Construction Materials: Brick
Foundation Details: Slab

Exterior Features
Exterior Features: Covered Porch(es)

Farm Information
Barns Count: 0

Lot Information
Lot Features: Few Trees, Interior Lot
Lot Size: 1 to < 3 Acres
Lot Size Acres: 1.4000
Lot Size Area: 1.4000
Lot Size Square Feet: 60984.0000
Lot Size Units: Acres
Parcel Number: 000000039138
RATIO List Price By Lot Size Acr: 313571.42857
Will Subdivide: No

Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Accessibility Features YN: No
Property Attached YN: No
Multi Parcel IDYN: No
Property Key: 48049|000000039138|1|139347130
Property Match: Address
US Property MUI: 412366851

Building Information
Building Area Total: 11070.00
Building Area Source: Assessor
Year Built: 9999
Year Built Details: Preowned

Financial

Tax Information
Tax Block: 18
Tax Legal Description: KERR COUNTY SCHOOL LAND, SURVEY 278, ABSTRACT
Unexempt Taxes: 8854

Financial Information
Buyer Financing: Conventional
Capitalization Rate: 10.37
Loan Type: Treat As Clear
Mortgage Company: Western Bank
Second Mortgage YN: No

Utilities

Utility Information
Municipal Utility District YN: No
Utilities: Asphalt, City Sewer, City Water

Energy Efficiency Features
Green Energy Efficient: Appliances

Location

Multi-Unit Information
Number Of Buildings: 4
Number Of Units Total: 12
Gross Annual Income: 74400.00
Gross Annual Expenses: 28900.00
Insurance Expense: 4039
Net Operation Income: 45520
Operating Expense Includes: Insurance, Maintenance, Manager, New Tax, Water/Sewer

HOA Information
Association Type: None

School Information
Elementary School: Woodlandht
Elementary School Name: Woodlandht
High School: Brownwood
High School Name: Brownwood
Intermediate School Name: Brownwood
Middle Or Junior School: Brownwood
Middle School Name: Brownwood
School District: Brownwood ISD

Location Information
County Or Parish: Brown
Directions: From downtown south on Austin Avenue. Right on Indian Creek. Right on Longhorn. Left on Mustang. Right on Rhodes Rd. See Applegate Apartments on right.
Latitude: 31.66860300
Longitude: -98.97033000
Complex Name: Applegate Apartments
Subdivision Name: unknown

Public facts

Beds: —
Baths: 4.0
Sq. Ft.: 11,070
Stories: —
Lot Size: 1.4 acres
Style: Other
Year Built: 1983
Year Renovated: —
County: Brown County
APN: 000000039138

Home facts updated by county records on Sep 18, 2026

Other

Green Verification Information
Green Verification Count: 0

Listing Information
Listing Agreement: Exclusive Right To Sell
Listing Id: 13814669
Listing Key Numeric: 78708633
Mls Status: Closed
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 29
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Special Notes: Aerial Photo
Standard Status: Closed
Third Party Assistance Program Y: No

Listing Date Information
Days On Market: 63
Cumulative Days On Market: 63
Close Date: 2018-09-06
Purchase Contract Date: 2018-07-18
Expiration Date Option: 2018-08-07
Listing Contract Date: 2018-05-16
Off Market Date: 2018-07-18
Status Change Timestamp: 2018-09-10T23:13:43.417

Listing Price Information
Original List Price: 439000.00
List Price: 439000.00
RATIO Close Price By Lot Size Ac: 321428.57143
RATIO Current Price By Lot Size: 321428.57143

Around this home

Schools

Woodland Heights Elementary School

Public PreK-5 • Assigned • 0.9mi

8/10

Brownwood Middle School

Public 7-8 • Assigned • 0.5mi

6/10

Brownwood High School

Public 9-12 • Assigned • 1.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

7/10 Fire Factor

25% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 107° expected this year, 23 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Brownwood, TX • 76801

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Brownwood. 3 minutes to get started.

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OPEN SUN, 2PM TO 4PM

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Home values near 3600 Rhodes Rd

Data from public records.

Address	Redfin Estimate
3510 Rhodes Road, Brownwood, TX 3 Beds \| 2 Baths \| 1503 Sq. Ft.	$236,057
2305 Carriage Lane, Brownwood, TX 3 Beds \| 2 Baths \| 1323 Sq. Ft.	$166,427

Address	Redfin Estimate
2300 Carriage Lane, Brownwood, TX - Beds \| 1 Baths \| 1286 Sq. Ft.	$162,693
2301 Carriage Lane, Brownwood, TX - Beds \| 1 Baths \| 1446 Sq. Ft.	$157,605

Address	Redfin Estimate
3601 Longhorn Lane, Brownwood, TX 3 Beds \| 2 Baths \| 1801 Sq. Ft.	$248,093
3519 A Longhorn Lane, Brownwood, TX 3 Beds \| 2 Baths \| 1534 Sq. Ft.	$367,382

Property information provided by NTREIS when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 76801, TX

Sale history for 3600 Rhodes Rd

Tax history for 3600 Rhodes Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 76801

Home values near 3600 Rhodes Rd

More real estate resources