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$1,995,000

NAL Estimated Property Value

1303 N Shorewood Dr, Granite Shoals, TX, 78654

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths2,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.32 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip

Building Information

Year Built2021
Garage Spaces2

Land Information

APN17790
Lot Number692
SubdivisionGreencastle (Sherwood Shores)
Land UseResidential
Legal DescriptionS4970 GREENCASTLE (SHERWOOD SHORES) LOT 692 & .047 AC ABS 530 & .047 AC ABS 530
Census Tract960502
Assessed Land Value$800,000
Assessed Improvement Value$1,195,000
Assessment Year2025

About this property

Adorable lake cottage on Lake LBJ with 100' of awesome open waterfront. The house is just perfect for that weekend getaway place at the lake that you have been dreaming of. Designed with Lake Life in mind this 3 bedroom 2 bath cottage is colorful, light and airy with fantastic west facing open waterfront for enjoying those spectacular lake sunsets. Great outdoor entertaining areas including a huge deck at the house and lakeside.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,995,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,995,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,846/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,179
$1,995,000
2025
$800,000
$1,195,000
$1,995,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$36,179
$1,995,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,995,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
N/A
+$2,416/mo
1.5%

City: Granite Shoals

1303 N Shorewood Dr | Property Details | No Agent List