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$2,071,484

1538 Hill Circle South Dr, Granite Shoals, TX, 78654

Off MarketInfo
Baths0 Bath
Baths3,661 Sq Ft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool

Building Information

Year Built2021
Garage Spaces2

Land Information

APN46413
Lot Number506,521
SubdivisionWoodland Hills
Land UseResidential
Legal DescriptionS8710 WOODLAND HILLS LOT 506 & 521 SF ABS 399 & 521 SF ABS 399
Census Tract960501
Assessed Land Value$1,004,000
Assessed Improvement Value$1,067,484
Assessment Year2025

About this property

One of the last remaining, open water lots on Lake LBJ! 126 waterfront feet facing south east with views out to undeveloped land. Granite bottom swimming on this amazing property w/3 huge cypress trees, 3 old growth post oaks and 1 medium sized pecan tree. Flat and level, ready to build single story residence. 4 bedroom septic approved plus electric has been brought to the property. Newly built 1430 sq ft steel and concrete boat dock. 4 bedroom, single story home plans are available. Owner is brokerRestrictions: Yes

Investor Tools

Property Icon
$2,071,484
Estimated Property Value
$458,150Estimated Mortgage Balance
$1,665,280Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,429 /month
Positive
Cash Flow Estimate:
$4,143 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,009/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,754
$2,071,484
2025
$1,004,000
$1,067,484
$2,071,484
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,754
$2,071,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust
Unknown
$458,150
No
First
Jul 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,204
$1,665,280
80%
20%
$2,747/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.

Explore Texas Explore This Area
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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1538 Hill Circle South Dr | Property Details | No Agent List