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$499,000

420 Lakeside Drive, Brownwood, TX, 76801

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,961 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.46 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesBoat Slip, Dock, Storage, Garden
Lot Size14,780 sqft

Building Information

Year Built1968
Garage Spaces2

Land Information

APN40323
Lot Number15,16
SubdivisionBig Rocky Development No
Land UseResidential
Legal DescriptionBIG ROCKY DEVELOPMENT NO 2, LOT 15, 16, BOAT DOCK #2088
Census Tract950202
Assessed Land Value$36,150
Assessed Improvement Value$268,570
Assessment Year2025

About this property

Just in time for Summer to enjoy this charming Lake Brownwood water-front home and dock. Plenty of room for guests in this 3-bedroom 3-bathroom home on two water-front lots. The kitchen has an open concept feel about it with easy access to the dining area and living room. The living room has a fire place and plenty of large windows to enjoy the views of the lake. The primary bedroom and bathroom along with a guest room are located on the first level and the third bedroom with full bath is located on the lower level. The lower level has access to the back porch and beautiful water-front views. The back yard has trees garden areas with beautiful landscaping and plenty of elbow room. From the back yard you can enter lake Brownwood thru the gate and ease down to the water on the rock steps. You will enjoy the boat dock with its storage area and boat slip and good deep water. This property is close to the Hideout and gold resort with easy access into Brownwood.

Investor Tools

$0Estimated Mortgage Balance
$481,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Josh Stegemoller

Donnie Stegemoller, REALTORS®

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,846
$304,720
2025
$36,150
$268,570
$304,720
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,846
$304,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$481,000
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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420 Lakeside Drive | Property Details | No Agent List