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$1,172,551

NAL Estimated Property Value

118 S Shorewood Dr, Granite Shoals, TX, 78654

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.9 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesOven
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock

Building Information

Year Built1968
Garage Spaces6

Land Information

APN43362
Lot Number7
SubdivisionTanglewood
Land UseResidential
Legal DescriptionS8310 TANGLEWOOD LOT 7
Census Tract960502
Assessed Land Value$265,000
Assessed Improvement Value$907,551
Assessment Year2025

About this property

HUGE PRICE REDUCTION! LAKE LBJ "CONSTANT LEVEL" WATERFRONT home! ~2600 sq.ft, 3/2 with 3 Living rooms, atrium/open foyer, Dock/Lift, 2nd level DECK off main living, 2 lots across the home with a detached garage with 2nd level - perfect for potential Guest House! POTENTIAL! Priced as a "fixer upper"! $550+ Potential, Stunning waterfront! Must see to appreciate the possibilities. Fantastic fishing (Black Bass!) and boating on constant water maintained lakes in Central Texas! Est Value ~532,000!!!!!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$1,172,551
Estimated Property Value
$315,082Estimated Mortgage Balance
$858,112Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,035 /month
Positive
Cash Flow Estimate:
$2,345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,773/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,417
$1,172,551
2025
$265,000
$907,551
$1,172,551
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,417
$1,172,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Conventional
$354,650
No
First
Jul 8, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,082
$1,221,918
79%
27%
$2,127/mo

City: Granite Shoals

118 S Shorewood Dr | Property Details | No Agent List