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$1,580,000

NAL Estimated Property Value

523 Contour Dr, Granite Shoals, TX, 78654

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$731.8 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Range, Microwave, Double Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Outdoor Grill

Building Information

Year Built1970
Garage Spaces2

Land Information

APN37568
Lot Number12
SubdivisionS.C.S. Subdivision
Land UseResidential
Legal DescriptionS7510 S.C.S. SUBDIVISION LOT 12
Census Tract960501
Assessed Land Value$1,018,080
Assessed Improvement Value$729,849
Assessment Year2025

About this property

UNPARALLELED OPEN WATER VIEWS OF LAKE LBJ. Step inside this recently rebuilt custom stucco home with 3 bedrooms, 3 bathrooms, flex space for workout room or office, in over 2,500 SqFt of generous space with curated high end designer touches throughout, and you are greeted with huge views of Lake LBJ from every window in this light bright home. Open the double set of oversize sliding glass doors from the dining and living areas onto the main level expansive balcony and it feels more like being at the ocean- only with the beautiful hill country in the distance. Walk downstairs to the covered multiple patio areas, complete with swim spa, uncovered sitting areas, a fishing pier-dock or hop in your boat or on your jet ski and you are less than 15 minutes from the marina at Horseshoe Bay Resort. Or stay at home and enjoy lake living at its finest. This home is being offered for sale for the first time in 40 years after 4 remodels and was completely rebuilt in 2020 using every inch of this .18 acre lot which encompasses just over 50’ of open water, waterfront property. This is a great full time lake house, waterfront weekend get away or an amazing investment opportunity with STR capability. Come take in the views and see the long list of custom amenities both inside and outside of this home that make this a rare find.

Investor Tools

Property Icon
$1,580,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,580,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,100 /month
Positive
Cash Flow Estimate:
$3,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,311/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,827
$1,259,707
2025
$1,018,080
$729,849
$1,747,929
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,827
$1,259,707

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,630,000
100%
0%
$0/mo

City: Granite Shoals

523 Contour Dr | Property Details | No Agent List