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$1,150,000

1128 Hill Circle East Drive, Granite Shoals, TX, 78654

On MarketInfo
Beds6 Beds
Baths3 Bath
Baths2,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$508.85 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Range, Water Softener Owned
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1973
Garage Spaces3

Land Information

APN46450
Lot Number542-544
SubdivisionWoodland Hills
Land UseResidential
Legal DescriptionS8710 WOODLAND HILLS LOT 542,543,544, & 1/2 OF 541 & 674 SF FILL ABS 399
Census Tract960501
Assessed Land Value$588,000
Assessed Improvement Value$493,348
Assessment Year2025

About this property

The possibilities are endless with this great Lake LBJ retreat in Granite Shoals. This 6 bedroom, 3 bath classic home was made for the relaxed lake lifestyle with plenty of room for family and friends. At 2260 sq ft, this home features a comfortable layout with the living area anchored by a stone, wood-burning fireplace, raised ceilings, and expansive windows boasting incredible lake views. The adjacent dining area offers space for large family gatherings, 2 bedrooms,1 bath on the main level and 4 bedrooms, 2 baths on the lower level, plus the possibility of a kitchenette down. With easy access to the main level with either the stairs or the elevator! Situated on 175 feet of of constant-level Lake LBJ waterfront on 3 1/2 lots that boasts mature trees, sprinkler system, offering space and privacy. Truly enjoy the lake lifestyle with multiple covered patio and deck areas for entertaining, 2 covered boat lifts along with 2 PWC lifts and a water slide. The horseshoe drive and 2 car detached garage offers abundant parking for a crowd! Short term rentals are permitted adding flexibility for investors or owners seeking supplemental income. This rare opportunity of expansive bulkhead frontage that could be divided to add another home is a stand out for buyers wanting to create a legacy lake property.

Investor Tools

$0Estimated Mortgage Balance
$1,081,348Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Kimberly Hoelter

Coldwell Banker D'Ann Harper

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,937/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,833
$1,081,348
2025
$588,000
$493,348
$1,081,348
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,833
$1,081,348

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,081,348
100%
0%
$0/mo

City: Granite Shoals

1128 Hill Circle East Drive | Property Details | No Agent List