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$950,000

1001 Shorewood DR, Granite Shoals, TX, 78654

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$791.67 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesBuilt In Oven, Dryer, Washer Dryer Stacked, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
FlooringCarpet, Concrete

Exterior

Exterior FeaturesBalcony, Barbecue, Dog Run, Gas Grill, Lighting
Lot Size16,488 sqft

Building Information

Year Built1967

Land Information

APN17166
Lot Number26,1322
SubdivisionGreencastle (Sherwood Shores)
Land UseResidential
Legal DescriptionS4970 GREENCASTLE (SHERWOOD SHORES) LOT 26 & 1322 SF FILL ABS 23
Census Tract960502
Assessed Land Value$295,740
Assessed Improvement Value$216,260
Assessment Year2025

About this property

Lakefront living on Lake LBJ with approximately 93 feet of protected-cove shoreline — an unusually generous stretch of water for this stretch of Granite Shoals. This turnkey 2-bedroom, 2-bath cottage puts the main living area, bedroom, and bath upstairs, while a spacious downstairs room with its own full bath and separate access gives guests genuine privacy. More than 700 square feet of covered outdoor living overlooks a backyard anchored by a magnificent century-old oak, flowing straight down to a private boat dock with two lifts and a separate jet ski dock. The cove is quiet and protected, with open water less than a minute away by boat and the neighborhood park right next door. Inside, a granite island, gas stove, beadboard ceilings, and an apron-front sink with RO system carry the cottage character through. A metal roof, a new Carrier HVAC system installed in June 2026, and a septic system sized for three bedrooms and three baths mean the big-ticket items are already handled. Marble Falls ISD; no mandatory POA.

Investor Tools

$0Estimated Mortgage Balance
$872,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Kale Stephens

Horseshoe Bay Living 2, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,040
$512,000
2025
$295,740
$216,260
$512,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,040
$512,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$872,000
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: Granite Shoals

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1001 Shorewood DR | Property Details | No Agent List