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7850 County Road 551

Brownwood, TX 76801

Listing courtesy of Jordan Barton, Turnkey Realty LLC

$369,000
Active
Beds
3
Baths
1
Sqft
1,152
Year Built
1992

About this home

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.

Schools

Elementary
J B Stephens
Middle
Bangs
High
Bangs

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21245732
Property Type
Residential
Status
Active
County
Brown
Subdivision
Shady Shores
Lot Size
21,780 sqft
Garage
1-car
HOA Dues
None
Annual Taxes
$3,300
Days on Market
New (1 day)
Listed
Apr 21, 2026
Price per Sqft
$320

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$2,347/mo
Principal & interest
$1,964
Property taxes
$275
Homeowner's insurance (est.)
$108

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Apr 21, 2026