7850 County Road 551
Brownwood, TX, 76801
$
369,000
Bedrooms3
Baths1.0
Sq
1,152
Monthly Estimate*
$
2,272
for $369,000 with 3 bedrooms and 1 full bath. This 1,152 square foot home was built in 1992 on a lot size of 0.5.
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.
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Features
Interior
Interior Features
Decorative Lighting
High Speed Internet Available
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
3
Total Baths
1
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General
Heating
Central
Cooling
Ceiling Fan(s)
Central Air
Utilities
All Weather Road
Co-op Water
Electricity Connected
Septic
Possession
Closing/Funding
Roof
Shingle
Appliances
Dishwasher
Electric Range
Refrigerator
Number of Garage Spaces
1
School District
Bangs ISD
Pool Y/N
0
Exclusions
Personal property
Year Built
1992
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
Shady Shores
Transaction Type
For Sale
Occupant Type
Tenant
County
Brown
Property Type
Residential
Construction Materials
Brick
Wood
HOA Type
None
Special Notes
Aerial Photo
Flood Plain
Full Baths
1
Status
Active
Directions
From Hwy 279 at Corinas restaurant
turn west on CR 551 and follow it to the address on the right
City
Brownwood
Elementary School Name
J B Stephens
High School
Bangs
Elementary School
J B Stephens
Standard Status
Active
Listing Terms
1031 Exchange
Cash
Conventional
FHA
USDA Loan
VA Loan
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Exterior
Waterfront
1
Lot Features
Few Trees
Other Structures
Garage(s)
Gazebo
Parking Features
Carport
Driveway
Garage
WaterFront Features
Dock – Covered
Lake Front
Lake Front – Main Body
Lot Size
.5 to < 1 Acre
Foundation
Slab
Structural Style
Lake House
Garage Y/N
1
Attached Garage Y/N
1
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* Excluded Features
List By
Jordan Barton
Listing Agent
Turnkey Realty Llc
Broker
Affordability Calculator
- Monthly Principal & Interest
- $2,272
- Monthly Property Taxes
- $275
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Brownwood, TX
Average List Price
$361,454
Percent of Sale Price
2%
About Brownwood, TX
18,653
Population
-2%
Since 2002
$
37,595
Median Income
34.91
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
285593
Elementary School
3682205
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
4/21/2026
|
$369,000
|
|
Listed Price
|