This waterfront lake house offers a great mix of personal use and investment potential. Currently operating as an active, high-performing short-term rental, this 3-bedroom, 1-bath property gives a buyer the option to continue using it as a successful STR or turn it into a comfortable full-time home or weekend place for the family.
The house has a bright, easy layout with open living and dining areas, a functional kitchen, and comfortable bedrooms that work well for guests, kids, or everyday living. The interior has been updated and is set up to be both welcoming and practical.
Outside is where this property really stands out. There’s a large covered back porch that gives you plenty of space to sit, relax, and enjoy the lake views, plus a hot tub that makes it even better after a long day on the water. The yard is shaded by mature trees and has plenty of room to spread out, entertain, or just enjoy being outside.
Down at the water, there’s a private dock for boating, fishing, swimming, or just sitting by the lake. There’s also a separate covered area near the shoreline that could be used as a dance floor, lounge space, or gathering area depending on how you want to use it. A 1-car garage adds extra storage for lake gear, tools, or parking.
Whether someone wants a property they can keep running as-is for short-term rental income or a lake house they can make their own for family use, this one gives them that flexibility. It’s a solid waterfront property with a lot to offer. The setting is peaceful and inviting, with mature trees, open green space, and multiple places to gather, relax, and enjoy the water. Properties like this don’t come along often, especially ones that can work equally well as an income-producing rental and a personal lake retreat. It’s the kind of place where buyers can step in and use it right away, while still having room to make it their own over time.
Come take a look today and make this piece of Texas, YOUR next piece of Texas.
For sale
$369,000
7850 County Road 551, Brownwood, TX 76801
3beds
1,152sqft
Est.:
Single Family Residence
Built in 1992
0.5 Acres Lot
$370,200 Zestimate®
$320/sqft
$-- HOA
What's special
Hot tubComfortable bedroomsFunctional kitchenLarge covered back porch
- 7 days |
- 546 |
- 22 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jordan Barton 0769808 325-430-2411,
Turnkey Realty LLC 325-430-2411
Source: NTREIS,MLS#: 21245732
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Dining room
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
Features
- Decorative/Designer Lighting Fixtures, High Speed Internet
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Dining Room, Free Standing
Interior area
- Total interior livable area: 1,152 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Carport, Driveway, Garage
- Attached garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip, Lake Front
Lot
- Size: 0.5 Acres
- Features: Few Trees
Details
- Additional structures: Garage(s), Gazebo
- Parcel number: 43603
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Shady Shores
HOA
- Has HOA: No
Location
- Region: Brownwood
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $260,110
- Annual tax amount: $3,300
- Date on market: 4/21/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
- Exclusions: Personal property
- Electric utility on property: Yes
Estimated market value
$370,200
$352,000 - $389,000
$1,337/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $369,000-4.2%$320/sqft |
Source: NTREIS #21245732 Report a problem | ||
| 1/7/2026 | Listing removed | $385,000$334/sqft |
Source: NTREIS #21037751 Report a problem | ||
| 8/20/2025 | Price change | $385,000+14.9%$334/sqft |
Source: NTREIS #21037751 Report a problem | ||
| 8/19/2025 | Listed for sale | $335,000-20.2%$291/sqft |
Source: NTREIS #21036244 Report a problem | ||
| 6/16/2025 | Listing removed | $420,000$365/sqft |
Source: | ||
| 4/9/2025 | Listed for sale | $420,000+25.4%$365/sqft |
Source: | ||
| 6/25/2024 | Listing removed | $335,000$291/sqft |
Source: NTREIS #20591372 Report a problem | ||
| 4/20/2024 | Listed for sale | $335,000+21.8%$291/sqft |
Source: NTREIS #20591372 Report a problem | ||
| 9/23/2022 | Sold | -- |
Source: NTREIS #20096842 Report a problem | ||
| 8/26/2022 | Pending sale | $275,000$239/sqft |
Source: NTREIS #20096842 Report a problem | ||
| 8/22/2022 | Contingent | $275,000$239/sqft |
Source: NTREIS #20096842 Report a problem | ||
| 6/25/2022 | Listed for sale | $275,000+62.2%$239/sqft |
Source: NTREIS #20096842 Report a problem | ||
| 11/16/2012 | Listing removed | $169,500$147/sqft |
Source: D.STEGEMOLLER REALTORS #11793276 Report a problem | ||
| 8/15/2012 | Price change | $169,500-10.8%$147/sqft |
Source: D.STEGEMOLLER REALTORS #11793276 Report a problem | ||
| 7/17/2012 | Listed for sale | $190,000$165/sqft |
Source: D.STEGEMOLLER REALTORS #11793276 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,283 +3.5% | $260,110 +1.7% |
| 2024 | $3,171 +0% | $255,870 +0.6% |
| 2023 | $3,170 -13.2% | $254,360 +0.6% |
| 2022 | $3,651 | $252,920 +11.2% |
| 2021 | -- | $227,480 +18% |
| 2020 | -- | $192,780 +2.6% |
| 2018 | -- | $187,900 |
| 2017 | -- | $187,900 |
| 2016 | -- | $187,900 |
| 2015 | -- | $187,900 |
| 2014 | -- | $187,900 +7.9% |
| 2012 | -- | $174,080 |
| 2011 | -- | $174,080 |
| 2010 | -- | $174,080 +61% |
| 2009 | -- | $108,110 -2.2% |
| 2008 | -- | $110,530 -14% |
| 2007 | -- | $128,570 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,159/mo
Principal & interest
$1805
Property taxes
$354
More affordability tools
Climate risks
Neighborhood: Lake Brownwood
Nearby schools
GreatSchools rating
- 5/10J B Stephens Elementary SchoolGrades: PK-5Distance: 7.1 mi
- 6/10Bangs Middle SchoolGrades: 6-8Distance: 7.7 mi
- 5/10Bangs High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- Elementary: J B Stephens
- Middle: Bangs
- High: Bangs
- District: Bangs ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Brown County
- Brownwood
- 76801
- Lake Brownwood
- 7850 County Road 551




