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7850 County Road 551

Brownwood, TX 76801

$369,000

3 bd · 1 ba · 1,152 sq ft · 0.5 ac

Bedrooms3
Bathrooms1
Living area1,152 sq ft
Lot size0.5 acres
Year built1992
Stories1
Garage1 car
TypeSingle-family

What it costs to own

Taxes$3,300 per year
MUDNone listed
HOANone listed
Price per sq ft$320 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

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.

$2500 credit towards closing costs being offered with approved offer!

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air
AppliancesDishwasher, Electric Range, Refrigerator
Interior featuresDecorative Lighting, High Speed Internet Available
Fireplace1 · Dining Room, Free Standing

Construction materialsBrick, Wood
RoofShingle
FoundationSlab

Lot featuresFew Trees
Water sourceCo-op Water
SewerSeptic
ElectricElectricity Connected

SubdivisionShady Shores

ElementaryJ B Stephens
Middle schoolBangs
High schoolBangs
DistrictBangs ISD

MLS #21245732
Source
On the market92 days
CountyBrown

Around this home

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Listing courtesy of Turnkey Realty LLC — Jordan Barton.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21245732. Information last updated July 22, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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