Waterfront
Address
7850 County Road 551, Brownwood, TX
Price
$ 369,000
Property Attributes
- MLS#21245732
- TypeSingle Family
- Listing Status Active
- CountyBROWN
- CityBrownwood
- NeighborhoodShady Shores
- Zip76801
- StyleSingle Family Residence
- Year Built1992
- Taxes$ 3300
- Price$ 369,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1152
- Lot Size0.5 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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. $2500 credit towards closing costs being offered with approved offer!
| Elementary School |
|---|
| J B Stephens Elementary School |
| Price History | |
|---|---|
| 4/21/2026 | Listed $369,000 |
General Features
| 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 |
| Easements | Utilities,Other |
| Number of Garage Spaces | 1 |
| School District | Bangs ISD |
| Exclusions | Personal property |
| Year Built | 1992 |
| Levels | One |
| Unexempt Taxes | 3300 |
| Will Subdivide | Subdivided |
| Property Subtype | Single Family Residence |
| Subdivision Name | Shady Shores |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| Carport Spaces | 2 |
| 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 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21245732 |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,USDA Loan,VA Loan |
Interior Features
| Interior Features | Decorative Lighting,High Speed Internet Available |
|---|---|
| Fireplace Features | Dining Room,Freestanding |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 3 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 1 |
| Laundry Features | Full Size W/D Area |
Exterior Features
| Waterfront | Yes |
|---|---|
| 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 |
| Covered Spaces | 3 |
| Foundation | Slab |
| Lot Size Area | 0.5000 |
| Lot Size Units | Acres |
| Structural Style | Lake House |
| Garage Y/N | Yes |
| Lot Size Square Feet | 21780.0000 |
| Lot Size Acres | 0.5000 |
| Patio And Porch Features | Covered |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76801
Price
Taxes
Year Built
Visits
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