January's First-Time Homebuyer Report for Lake Brownwood

With 1,532 residents, Lake Brownwood is an average-sized city in Texas. Also, with a 2.5% decrease over the last 10 years, its population is growing slower than other parts of the state. With an ownership ratio of 55.6%, most people in Lake Brownwood are homeowners. The best school in the city is Ron Jackson State Juvenile Corr Complex Unit I.

Price Range

Homes in Lake Brownwood are generally less expensive than others in the state with a median home value of $58,700 and an average list price of $122,461. There were two home sales in the Lake Brownwood market over the last 30 days, while coming close to the 2.5 monthly average for the last 12 months.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Lake Brownwood:

$275K   $240K   $138K  

Typical Dwelling

The typical dwelling in Lake Brownwood is a three-bedroom detached home worth about $158,480. To purchase a similar home, a buyer with good credit and a $31,696 cash down payment could obtain a mortgage with a 3.95% interest rate and a $537 monthly payment. The property tax rate is $12.13 per $1,000 of taxable assessed value.

Get started right now by checking out Lake Brownwood homes for sale or reviewing Lake Brownwood real estate trends.


Data reported through 1/12/2017

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