About This Home

This 3-bedroom, 1-bathroom single family at 7850 County Road 551 in Brownwood, TX is listed for $369,000 ($320 per sqft). Built in 1992, the home offers 1,152 sqft of living space on a 0.50 acres lot.

Key Features

  • Built in 1992
  • 0.50 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1 full
1-car garage
1992

Amenities

FireplaceWaterfrontA/C
Listing 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!

Monthly Cost Estimate

$1,973/mo

20% down · 6.5% · 30 years

Principal$267
Interest$1,599
Insurance$108

Estimates only. Actual payments may vary.

Location

7850 County Road 551

Brownwood, TX 76801

Shady Shores

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesHighSpeedInternet

Property Details

Construction

Brick WoodSiding

Parking

CarportGarageDriveway

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherElectricRangeRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 7850 County Road 551 is listed at $369,000 ($320/sqft). The estimated monthly payment is $1,974 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1992, 0.50 acre lot, Fireplace, Waterfront. Interior Features: DecorativeDesignerLightingFixtures, HighSpeedInternet.

This property is listed by Jordan Barton.

JB

Jordan Barton

Agent at Turnkey Realty, LLC

Listed by Turnkey Realty, LLC · Broker phone: (432) 349-6667 · View on Broker Site · Broker website

MLS# 21245732· Source: North Texas Real Estate Information Systems, Inc.· 6 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7850 County Road 551, Brownwood, TX 76801

Open this listing in: