36
Map
7228 Emerald Drive
About This Property
Rare opportunity to own a beautifully remodeled 3-bedroom, 2-bath waterfront home with frontage on scenic Lake Brownwood. This 1890 sq. ft. home sitting on property offering breathtaking lakeside views, modern upgrades, and year-round boating and fishing right from your own backyard.
The spectacular new kitchen features quartz countertops, premium custom cabinetry, a large island with bar seating, a gas stove, designer lighting, and seven windows overlooking the lake.
Major renovations completed between 2024 and 2026 include:
* New metal roof - R Panel
* New 4-ton HVAC heat pump
* Spray foam insulation plus 4 Styrofoam insulation beneath Hardie Board siding for outstanding energy efficiency
* All new energy-efficient windows
* Custom tile flooring
* Fresh interior and exterior paint
* New bathroom vanity in quest bathroom and designer lighting
* New water heater
* Whole-house water filtration system
Step outside and experience the best of lakefront living:
* Spacious Trex deck with panoramic lake views-the perfect place to enjoy unforgettable Texas sunsets over Lake Brownwood
* New seawall (build 2024)
* Private boat ramp
* Boat dock with lift
* Fish and swim from your own backyard
* 24x24 detached Tuff Shed garage (2024)
Also included is a 40x40 barn on the lot across the street featuring a finished man cave, plumbing for water, and attractive resin fencing surrounding the property.
Located in a quiet neighborhood with wonderful neighbors, this move-in-ready lakefront retreat is ideal as a full-time residence, getaway home or investment property. Current owners lived here 7 years. Just as they did, you too can end each day watching the sunset from your deck as it reflects across the water-an unforgettable view you'll never tire of.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2026 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Sep 13, 2026 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Beycome Brokerage Realty LLC | $675,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017