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$1,599,900

$1,699,900

2007 Deepwater Rd, Brownwood, TX, 76801

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$653.02 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop, Gas Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesBoat Slip, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Private Yard, Storage
Lot Size4.56 acres

Building Information

Year Built1997
Garage Spaces2

Land Information

APN63919
Lot Number32
SubdivisionDeepwater Estates
Land UseResidential
Legal DescriptionDEEPWATER ESTATES, BLOCK B, LOT 32, BOAT DOCK #6532, ACRES 4.56
Census Tract950100
Assessed Land Value$181,400
Assessed Improvement Value$931,880
Assessment Year2025

About this property

Beautifully remodeled lakefront home at 2007 Deepwater Rd. in Brownwood offering approximately 2,450 sq. ft. with 3 bedrooms, 2 baths, and a split-bedroom layout. Completely updated within the last two years, this home features an open-concept living, dining, and kitchen area with wood beams, luxury plank flooring, fireplace wall with shelving and dry bar, custom cabinetry, granite countertops, stainless appliances, gas cooktop, and farmhouse finishes. Spacious master suite with shiplap accent wall, electric fireplace, dual vanities, copper soaking tub, and walk-in shower. Glassed-in sunroom, oversized attached 2-car garage, fenced backyard, detached carport with workshop and upstairs office which could also be converted into guest quarters. Exceptional waterfront setup includes a driveway to the dock, oversized parking, covered outdoor kitchen and entertainment area over the water, and a two-story dock with HydroLift boat lift, kayak lift, swimming platform, and upper deck. Located in a protected deep-water cove with minimal boat traffic, perfect for fishing, swimming, and kayaking year-round. Rare lakefront property with incredible amenities! See Transaction Desk for full write up and disclosures.

Investor Tools

Property Icon
$1,683,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,683,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,098 /month
Positive
Cash Flow Estimate:
$3,366 /month

Interested in this property?

Teresa Lee

Stephens Ranch Hand Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,748/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,563
$1,113,280
2025
$181,400
$931,880
$1,113,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,563
$1,113,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,683,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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