1117 La Monte Drive

Brownwood, TX 76801

Fresh exterior paint June 2024 and upgraded electrical. Excellent buy and hold opportunity with 10+ year long-term tenant in place who have no desire to move. 3 bedrooms with 1 bath and a large main living area. Kitchen and dining are are of good size and the home has a very large back yard with a big storage building. Recent updates include fresh exterior paint, a new electrical panel, upgraded electrical wiring in part of the home, new electric cooktop, new water heater, replaced main sewer line. The original wood flooring is in good condition and flows throughout the home with ceramic tile installed in the bathroom and kitchen. The garage has been enclosed and is currently used for storage. There are washer and dryer connections in the kitchen and the tenant pays all utilities. Rent was just raised to $740 per month but is still below market value...this presents an opportunity to buy an investment home showing a good rate of return with positive upside.

This is an Active listing.

Broker Office Phone Number: 325-510-0444

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