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$350,407

NAL Estimated Property Value

144 Driftwood Dr, Granite Shoals, TX, 78654

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,544 Sq Ft
price_per_sqft$193.65 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringTile

Exterior

Exterior FeaturesNone
Lot Size5,001 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN43881
Lot Number560
SubdivisionTanglewood
Land UseResidential
Legal DescriptionS8310 TANGLEWOOD LOT 560
Census Tract960502
Assessed Land Value$12,500
Assessed Improvement Value$337,907
Assessment Year2025

About this property

Brand new home with 3 bedrooms, 2.5 bathrooms, and a 2 car garage. An inviting home boasting an open floor plan, light interior features, recessed lighting, quartz countertops, a large walk-in pantry, and more. All it needs is your personal touch! Located in a great area, just a minute away from the lake, with no HOA, and the possibility for short-term rentals. Granite Shoals offers many city parks, with many of them having boat ramps, offering easy Lake LBJ access. 15 minutes from Marble Falls, 1 hour 15 minutes to Austin, and 2 hours from San Antonio. 1% incentive towards rate buy down or closing cost when working with preferred lender

Investor Tools

Property Icon
$350,407
Estimated Property Value
$278,362Estimated Mortgage Balance
$72,045Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,102 /month
Positive
Cash Flow Estimate:
$701 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,085
$350,407
2025
$12,500
$337,907
$350,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,085
$350,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$294,566
Yes
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,362
$72,045
20%
79%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,767/mo
+$321/mo
7.2%

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: Granite Shoals

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144 Driftwood Dr | Property Details | No Agent List