Investment property for sale in Beautiful Brownwood Texas. Property currently has 4 active rental units with a 5th rental unit that needs to be renovated. Property currently brings in $2400.00 per month rental income with the potential of bringing in $3000.00 per month rental income once the 5th rental unit is renovated. Property is currently zoned commercial (C1) and could be used to build a retail business if so desired. Property is located on Austin Avenue at the edge of retail development and within walking distance of Howard Payne University. Brownood is a fast growing community with new businesses and homes develping at a rapid pace. For more information please call 325-647-9033.