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$4,068,610

128 Cottonwood Dr, Sunrise Beach, TX, 78643

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,293.88 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Microwave, Double Oven, Refrigerator, Washer
FlooringCarpet, Stone, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Private Entrance
Lot Size5,711 sqft

Building Information

Year Built1990
Stories2
Roof Type115
Garage Spaces2

Land Information

APN16818
Lot Number0,305
SubdivisionGranite Shoals Lake Estates
Land UseResidential
Legal DescriptionGRANITE SHOALS LAKE ESTATES LT 184 LESS 5 FT & W 2/3 OF LT 305 & 0.290 AC OF FILL AREA
Census Tract970300
Assessed Land Value$3,236,680
Assessed Improvement Value$831,930
Assessment Year2025

About this property

Best of Lake LBJ Real Estate! One-of-a-kind, prime Lake LBJ Peninsula with 300+ feet of water and East, West and Northern Exposure looking straight up the lake towards the confluence of the Colorado and Llano Arms with miles and miles of undeveloped ranch land surrounding. One of the most natural settings you will find anywhere on the lake and the best of both worlds with big, open water and cove-protected waterfront which makes swimming and parking your watercraft a breeze. 3 bedrooms 2 and half baths with a large, open family / living room with floor-to-ceiling glass to take full advantage of this priceless setting. Beautiful stone floors throughout make for a great lakefront home and the luxurious kitchen designed by Palmer Todd out of San Antonio will surely impress. Master bedroom with a sliding glass door to take your right out to the newly constructed swimming pool and a fully updated, en-suite bathroom with awesome views into the scenic cove. Two additional bedrooms on the second floor share a beautifully renovated bathroom plus there is an additional game room adding flexible living space to this very functional Lake LBJ getaway. Lush, tropical landscape lines this gated and private property creating a magical waterfront escape in the heart of the Texas Hill Country. Boat dock sized for most boats on the lake offers room for kayaks, paddle boards, and wave runners plus additional space to fish or layout by the water. Truly a special piece of Lake LBJ that stands in a class of its own. WOW!

Investor Tools

Property Icon
$4,068,610
Estimated Property Value
$0Estimated Mortgage Balance
$4,068,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$24,412 /month
Positive
Cash Flow Estimate:
$8,137 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,974
$4,068,610
2025
$3,236,680
$831,930
$4,068,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,974
$4,068,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$4,068,610
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.

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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: Sunrise Beach

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128 Cottonwood Dr | Property Details | No Agent List