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$201,000

302 E Castlewood Dr, Granite Shoals, TX, 78654

$221,510 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.42 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDryer, Microwave, Propane Cooktop, Refrigerator, Washer, Water Heater
FlooringConcrete, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size19,998 sqft

Building Information

Year Built1973
Garage Spaces2

Land Information

APN31793
Lot Number325-328
SubdivisionMystic Castle (Sherwood Shores)
Land UseResidential
Legal DescriptionS6560 MYSTIC CASTLE (SHERWOOD SHORES) LOT 325 THRU 328
Census Tract960501
Assessed Land Value$40,000
Assessed Improvement Value$191,580
Assessment Year2025

About this property

Charming Home on Spacious Corner Lot! This delightful home sits on almost a half acre, offering the perfect blend of comfort and outdoor living space. Recently updated throughout, this home presents an exceptional opportunity for those seeking a well-maintained property as a full time residence or as a second home. Interior Features include 2 bedrooms plus versatile bonus area perfect for guests or home office, the bathroom has been updated to include a huge walk-in shower and granite counter top. Modern kitchen with new appliances, center island with barstools for family gatherings and elegant granite countertops. Thoughtfully updated throughout. Thenthere is Outdoor Living that has a completely fenced backyard for privacy. A Greenhouse for year-round gardening, a chicken coop to raise your own chickens. There are also a few peach trees so you can grown your own peaches. A recently added storage building for your garden equipment and tools. The home is on city water but has a well for irrigation. A Friendly, established neighborhood with great neighbors, convenient access to three boat ramps within one mile, perfect for fishing enthusiasts and boating activities. This home offers remarkable space both inside and out, making it ideal for those who value outdoor living while maintaining the comforts of a well-appointed interior. The combination of modern updates, ample storage, and gardening amenities creates an exceptional opportunity for the right buyer. The Range and Hot Water heater are Propane.

Investor Tools

Property Icon
$201,000
Estimated Property Value
$0Estimated Mortgage Balance
$201,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$781
$152,902
2025
$40,000
$191,580
$231,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$781
$152,902

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
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.

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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302 E Castlewood Dr | Property Details | No Agent List