Lakefront Luxury Awaits at Deepwater Estates.
Experience the best of lakefront living on this premier 3+ acre waterfront lot, situated on the deepest water of Lake Brownwood. Nestled within the highly desirable Deepwater Estates—the area’s most prestigious gated luxury subdivision—this expansive property offers the perfect canvas to build your custom dream home.
This property features a large boat dock equipped with a hydro-lift boat slip, two jet ski slips, and an 18-foot water depth. Whether you are hosting on the spacious covered deck or soaking up the rays on the expansive upper-level sun deck, the layout is designed for optimum enjoyment and entertaining.
A new concrete driveway was recently installed, providing easy access down to the shoreline, along with a large parking area landing. A wide concrete sidewalk leads directly to the dock walkway.
This is a rare opportunity to secure a legacy property in a private, gated community. Come build your dream home on the lake and start enjoying all the relaxation and fun activities Lake Brownwood has to offer.
Owner may consider seller-financing.
Lot/land
Price cut: $25K (4/13)
$724,900
975 Deepwater Rd, Brownwood, TX 76801
--beds
--baths
3.14Acres
Unimproved Land
Built in ----
3.14 Acres Lot
$-- Zestimate®
$--/sqft
$150/mo HOA
What's special
Lakefront livingExpansive upper-level sun deckSpacious covered deckTwo jet ski slipsLarge parking area landing
- 137 days |
- 77 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Pepper Dill 0838106 325-646-4781,
Texas Goldstar Real Estate 325-646-4781
Source: NTREIS,MLS#: 21169890
Facts & features
Interior
Video & virtual tour
Property
Features
- Exterior features: Dock
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front, Waterfront
- Body of water: Brownwood
Lot
- Size: 3.14 Acres
- Features: Acreage, Hardwood Trees, Subdivision, Few Trees, Waterfront
Details
- Parcel number: 000020002504
- Zoning description: Residential
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Not Available
Community & HOA
Community
- Subdivision: Deepwater Estates Ph II
HOA
- Has HOA: Yes
- Services included: Maintenance Structure
- HOA fee: $1,800 annually
- HOA name: DEEPWATER ESTATES PROPERTY OWNERS' ASSOCIATION, IN
- HOA phone: 325-642-4400
Location
- Region: Brownwood
Financial & listing details
- Tax assessed value: $214,200
- Annual tax amount: $2,453
- Date on market: 2/5/2026
- Cumulative days on market: 140 days
- Listing terms: Cash,Conventional
- Exclusions: Portable shed will not convey and will be moved.
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Price change | $724,900-3.3% |
Source: NTREIS #21169890 Report a problem | ||
| 2/5/2026 | Listed for sale | $749,900 |
Source: NTREIS #21169890 Report a problem | ||
| 10/18/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,613 +1.9% | $214,200 |
| 2024 | $2,564 +1.2% | $214,200 +1.8% |
| 2023 | $2,534 -13.9% | $210,310 |
| 2022 | $2,943 | $210,310 +34.6% |
| 2021 | -- | $156,290 +57% |
| 2020 | -- | $99,520 -1.1% |
| 2018 | -- | $100,640 +13.8% |
| 2017 | -- | $88,450 |
| 2016 | -- | $88,450 |
| 2015 | -- | $88,450 |
| 2014 | -- | $88,450 -5.3% |
| 2012 | -- | $93,390 |
| 2011 | -- | $93,390 |
| 2010 | -- | $93,390 +6.2% |
| 2009 | -- | $87,920 |
| 2008 | -- | $87,920 |
| 2007 | -- | $87,920 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76801
Nearby schools
GreatSchools rating
- 4/10May Elementary SchoolGrades: PK-6Distance: 10.2 mi
- 5/10May High SchoolGrades: 7-12Distance: 10.2 mi
Schools provided by the listing agent
- Elementary: May
- Middle: May
- High: May
- District: May ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Brown County
- May
- 76801
- 975 Deepwater Rd


