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$2,100,000

1005 Deepwater Rd, Brownwood, TX, 76801

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,353 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$626.3 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Garage Spaces3

About this property

Luxury Lakefront Living in Deepwater Estates One of Lake Brownwood’s Premier Waterfront Homes Welcome to one of the finest waterfront homes on Lake Brownwood in the prestigious, gated Deepwater Estates, known for having some of the deepest water on the lake. This custom built home is practically brand new and completely turnkey everything has been done so you can simply move in and enjoy lake life. Offering approximately 3,353 sq. ft., including a finished upstairs bonus room, the home features 4 bedrooms, 2.5 baths, an oversized heated and cooled 3 car garage, mud laundry room, storm room, hidden pantry safe room, and abundant attic storage, including a 900 sq. ft. heated and cooled space ready to become a game room or additional living area. The open floor plan showcases stunning, commanding lake views. Modern conveniences include, security cameras, Generac whole home backup power, propane service, a propane fireplace, front and rear sprinkler system, and quality finishes throughout. Outside is where this property truly shines. Relax in the heated pool and spa, gather around the propane fire pit, or entertain on the upper deck with outdoor speakers overlooking the lake. A beautifully cleared walking path winds through impressive natural rock formations, with a unique side trail through the rocks leading to the shoreline. The double decker boat dock is built for serious lake living, featuring deep water access, a HydroLift boat lift, jet ski ramps, and a dock storage building with a toilet. Additional improvements include a storage shed with covered parking for a Ranger or golf cart. Whether you’re looking for a full time residence or the ultimate weekend retreat, this exceptional Deepwater Estates property offers luxury, privacy, and some of the best waterfront on Lake Brownwood. Rarely does a home combine premium construction, outstanding amenities, breathtaking views, and deep water access in one complete package. Just bring your boat and start making memories.

Investor Tools

Property Icon
$1,055,100
Estimated Property Value
$620,000Estimated Mortgage Balance
$0Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,600 /month
Positive
Cash Flow Estimate:
$4,200 /month

Interested in this property?

Vann Stanford

Coldwell Banker - Mark Campbell & Assc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,723/month
$1,800/month
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Brownwood

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1005 Deepwater Rd | Property Details | No Agent List