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$2,695,000

402 South Shorewood DR, Granite Shoals, TX, 78654

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths4,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$620.4 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesBuilt In Gas Range, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Lift, Balcony, Barbecue, Boat Slip, Dock, Outdoor Grill, Rain Gutters
Lot Size10,999 sqft

Building Information

Year Built2005
Garage Spaces5

Land Information

APN43396
Lot Number273,274
SubdivisionTanglewood
Land UseResidential
Legal DescriptionS8310 TANGLEWOOD LOT 48, 49 & .088 AC TR AB 23; LOT 273 & 274 LOT 273 & 274
Census Tract960502
Assessed Land Value$984,552
Assessed Improvement Value$1,144,130
Assessment Year2025

About this property

This is the lake house you’ve been waiting for! Step inside to be instantly captivated by sweeping open-water views stretching across 95' feet of pristine waterfront all the way to Sunrise Beach. Perfect for full-time living or a fantastic weekend escape, this meticulously updated retreat offers an inviting open-concept design with high-end finishes throughout. The home features a gourmet kitchen built for entertaining, a large dining room, a large breakfast dining area, a spacious office with custom built-ins, large primary suite with sitting area, cedar lined closet & heated floors in the primary bathroom. A turn-key property featuring 3 bedrooms, a large bunk room, a versatile flex room, and 4.5 baths. A workout room & upstairs sitting room with private veranda overlooking the lake. A true backyard oasis with covered outdoor living area with a fully equipped outdoor kitchen & huge back yard ready to accommodate a pool if desired. Lakeside is a double boathouse with sitting area, fishing dock, hydraulic boat lifts & two hydraulic jet ski lifts providing effortless access to the lake. Additional highlights include a large lot with ample parking, 2 additional lots across the street with an extra two-car garage, storage building & garden area. Nestled in the heart of the Texas Hill Country, Lake LBJ offers constant-level, protected waters ideal for boating, fishing, paddleboarding, & jet skiing almost year-round. Just 45 minutes northwest of Austin and 90 minutes from San Antonio.

Investor Tools

$0Estimated Mortgage Balance
$2,128,682Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,170 /month
Positive
Cash Flow Estimate:
$5,390 /month

Interested in this property?

Tammie Bennett

Kuper Sotheby's Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,810/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,076
$2,128,682
2025
$984,552
$1,144,130
$2,128,682
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,076
$2,128,682

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,128,682
100%
0%
$0/mo

City: Granite Shoals