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Mixed-Use Land for Sale in Brownwood, Texas

4410 Highway 377 S, Brownwood, TX 76801

$2,150,000
4.34 acres
Active
Est $17,595/mo

Prime Hospitality Investment Available in Brownwood Tx. The Gate 1 Inn offers a rare value-add opportunity in one of Brownwood's fastest-growing areas. This 56-room hotel includes a mix of double queen and king suites, a private 3 bed, 2 bath owner's apartment, a welcoming front lobby, laundry area with ample storage, guest laundry, multiple storage buildings, large truck parking, and a clubhouse with rental potential. Ideally located near Brownwood's medical and industrial districts, the property draws year-round demand from business travelers, contractors, and extended-stay guests. Nearby employers such as Brownwood Regional Medical Center, Kohler, 3M, and Superior Cable collectively employ more than 2,500 workers, creating a strong lodging base. The property also shares parking with The Section Hand Restaurant, which is available for purchase, creating an opportunity to combine dining and lodging operations. Situated on a high-traffic corridor with over 10,000 vehicles daily, the hotel benefits from excellent visibility and access. Brownwood is undergoing rapid growth with a new event center, downtown redevelopment projects, and expanding commercial and residential activity--all expected to increase visitor and resident demand. Current market hotel rates average $150 per night, leaving significant upside for new ownership. Updating the property's exterior appeal, improving amenities, and implementing modern marketing strategies could quickly raise rates and occupancy. With direct visitor spending exceeding $65 million annually, this property is positioned to serve a diverse guest base, from travelers and event attendees to healthcare and industrial workers. The Gate 1 Inn is a unique chance to acquire an underperforming asset with strong growth potential in a thriving market.

Location

Street address
4410 Highway 377 S
Elevation
1,433 feet
Coordinates
31.6771, -98.9992

Directions

From Downtown Brownwood, head south on Hwy 377 for approx 3.6 miles, property will be on the left hand side.

Property details

Acreage
4.338 acres
MLS #
NTREIS 21055316
Posted

Parcels

  • 000000029431

Legal description

Resources

Details and features

Listing

Type
Commercial Sale

Exterior

Parking
Parking Lot, Paved or Surfaced

Structure

Heating
Central
Cooling
Central Air
Materials
Brick
Roof
Composition

Interior

Flooring
Vinyl

Listing history

DateEventPriceChangeSource
Sept 20, 2025New listing$2,150,000NTREIS
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This 4.338-acre property is located at 4410 Highway 377 S in Brownwood, TX 76801. The property is available for sale for $2,150,000 with a price per acre of $495,620.

Checked 1 hour ago — Updated

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