Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,473,431

515 N Shorewood Dr, Granite Shoals, TX, 78654

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$631.07 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Washer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built2018
Garage Spaces1

Land Information

APN16667
Lot Number15,1470
SubdivisionGreenbriar (Sherwood Shores)
Land UseResidential
Legal DescriptionS4960 GREENBRIAR (SHERWOOD SHORES) LOT 15 & 1470 SF ABS 23 & 1470 SF ABS 23
Census Tract960502
Assessed Land Value$845,600
Assessed Improvement Value$627,831
Assessment Year2025

About this property

Gorgeous, farmhouse style newly built waterfront home on prime waterfront lot on Lake LBJ! 100+ feet of granite-bottom waterfront facing East with great cove protection for swimming. 2018 construction with open floor plan, wide-open dining, kitchen and living area. Large master suite with soaring vaulted ceilings and beautiful en suite master bathroom.The concrete/steel boat dock with wave runner lift and rope swing is sized for most water crafts and offers an additional living space over the water.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,473,431
Estimated Property Value
$1,040,000Estimated Mortgage Balance
$579,466Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,841 /month
Positive
Cash Flow Estimate:
$2,947 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,721
$1,473,431
2025
$845,600
$627,831
$1,473,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,721
$1,473,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$1,040,000
No
First
Jun 1, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$898,396
$575,035
39%
61%
$4,175/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

515 N Shorewood Dr | Property Details | No Agent List