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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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7850 County Road 551 , Brownwood, TX 76801
$369,000
Est. Payment: $1,899.77/mo
3 Bed
1 Bath
1152 Sqft
Status: active | Days on site: 126
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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!

Highlights

Listed by Jordan Barton , Turnkey Realty LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.5

Year Built

1992

County

Brown

Neighborhood

Shady Shores

School District

Bangs ISD

Listing ID

21245732

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Electric Range, Refrigerator
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Dining Room,Freestanding
Other:
  • Additional:Decorative Lighting, High Speed Internet Available, Master on Main

Exterior Features

Lot:Few Trees,.5 to < 1 Acre,Dock – Covered,Lake Front,Lake Front – Main Body
Roof:Shingle
Parking Features:Carport,Driveway,Garage
Principal Interest
$1,900
Taxes
$275

Home Price

$369,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$73,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,899.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,899.77 $275.00 $0.00 $2,174.77
Yearly $22,797.27 $3,300.00 $0.00 $26,097.27
Total $683,918.01 $99,000.00 $0.00 $782,918.01

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Brownwood, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T01:22:49.237Z

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