Comfortable Living Just Steps from The Lyric Theatre

Budget-friendly Rentals Near Downtown Brownwood

1 Bed – 1 Bath

1 Bed | 1 Bath | 667 sq. ft.

Starting at $1,025

2Bed – 1.5 Bath

2 Bed | 2 Bath | 904 sq. ft.

a floor plan of a two bedroom apartment at The Magnolia on 4th

Starting at $1,350

3 BED – 2 BATH

3 Bed | 2 Bath | 1090 sq. ft.

Starting at $1,400

Apartments Near The Lyric Theatre at The Magnolia on 4th

Live Close to the Culture You Love

Looking for a budget-friendly apartment near The Lyric Theatre? The Magnolia on 4th is your perfect match. Nestled at 2801 4th Street in Brownwood, TX, our community offers spacious, updated one- and two-bedroom floor plans just minutes from downtown’s vibrant arts and entertainment scene. Whether you’re a student, professional, or simply someone who loves being close to the action, you’ll love calling The Magnolia on 4th home.

Our apartments are thoughtfully designed to give you comfort and value. Choose from one-bedroom units starting at just $1,135/month or upgrade to a two-bedroom layout from $1,150/month. Each apartment includes modern finishes, open-concept living spaces, and ample natural light. Select units also include washer/dryer connections, private patios, and upgraded flooring—perfect for relaxing after a night out at The Lyric Theatre.

Living at The Magnolia on 4th means more than just affordability—it means convenience. Located less than 5 minutes from The Lyric Theatre and downtown Brownwood, you’ll be surrounded by local dining, shopping, and entertainment options. Plus, with on-site laundry facilities, pet-friendly policies, and professional management, we make everyday living easy and stress-free.

Discover the charm of Brownwood without sacrificing your budget. Explore our current availability and schedule your tour today. The Magnolia on 4th is where comfort meets culture—right at your doorstep.

Frequently Asked Questions

Do you offer short-term leases?
We understand that not everyone needs a long term lease so we offer leases as low as 6-months.
Is there covered parking or garage parking?
Yes, in addition to the open-air spaces, we offer direct access garages for some of our units as well as nonattached garages available for a small increase to your monthly rent for units that do not have direct access garages.
Does the property have onsite security?
Our property staffs an after-hours security guard to patrol the property from 7 p.m. to 7 a.m. each day all year round. In addition to this, every unit is equipped with a security system ready to be activated. WE offer a special rate through Brinks for monthly service, you can ask your leasing agent for more details.
Do the units have laundry hookups?
Every unit in our community comes with hookups for both washer and dryer. That said Our smaller units are set up for stackable washer and dryers while our larger units are built to accommodate side by side washer and dryers.
How do I see an apartment?
Yea!! We love this question and have several ways for you to do this. Simply fill out our schedule a tour form or you can call us to set up a time, or just stop by we welcome walk-ins. There will be fresh cookies and coffee waiting!