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$193,000

NAL Estimated Property Value

314 E Castleshoals Dr, Granite Shoals, TX, 78654

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.01 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Free-Standing Range, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock, Private Yard
Lot Size15,002 sqft

Building Information

Year Built1968
Garage Spaces1

Land Information

APN32289
Lot Number898,899
SubdivisionMystic Castle (Sherwood Shores)
Land UseResidential
Legal DescriptionS6560 MYSTIC CASTLE (SHERWOOD SHORES) LOT 898, 899 & 900
Census Tract960501
Assessed Land Value$30,000
Assessed Improvement Value$156,119
Assessment Year2025

About this property

Charming & Affordable 2/1 on two lots with many updates. Tile floors throughout except for carpeted bedrooms, hand-troweled walls with bull nose corners, handbuilt masonry fireplace, large garden tub, separate shower. Modern kitchen with new dishwasher and SS refrigerator. Great fenced side yard and privacy-fenced back yard, large storage building. Shopping and school nearby, minutes to Marble Falls.Restrictions: Yes

Investor Tools

Property Icon
$193,000
Estimated Property Value
$79,243Estimated Mortgage Balance
$113,757Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,158 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,031
$180,252
2025
$30,000
$156,119
$186,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,031
$180,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$101,134
Yes
First
Mar 16, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,243
$125,757
61%
41%
$607/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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314 E Castleshoals Dr | Property Details | No Agent List