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Days5Days on Market
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$470,000

602 N Shorewood Dr, Granite Shoals, TX, 78654

$609,830 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.66 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Electric Water Heater
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size15,002 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN17242
Lot Number110B
SubdivisionGreencastle (Sherwood Shores)
Land UseSingle Family Residence
Legal DescriptionS4970 GREENCASTLE (SHERWOOD SHORES) LOT 110B
Census Tract960502
Assessed Land Value$37,500
Assessed Improvement Value$546,282
Assessment Year2025

About this property

Experience lake living at its finest in this beautifully crafted newer construction home situated on an oversized corner lot directly across from Lake LBJ. Offering 3 bedrooms, 2 bathrooms, and a 1-car garage, plus a bonus space ready for game night and sleepovers, this thoughtfully designed home was originally built for the builder's personal weekend retreat and showcases exceptional quality and upgraded finishes throughout. Current owners have added fencing ready for your pets, porch railing, blinds throughout, a rock retaining wall, and a flow tech water conditioner. The attic is also climate controlled! The open-concept floor plan features a spacious living area that flows seamlessly into a stunning island kitchen complete with a gas range, upgraded quartz countertops, and plenty of space for entertaining family and friends. Step outside to the covered porch, where a cozy fireplace creates the perfect setting for relaxing evenings after a day on the water. Enjoy lake views and the peaceful atmosphere that make this property a true getaway destination. Nearby property owners' parks provide convenient access to Lake LBJ for boating, fishing, swimming, and launching personal watercraft. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, this property checks every box. Short-term rentals are permitted, making this home an excellent income-producing candidate. Completed and move-in ready, this exceptional Lake LBJ property is ready for its next owner. Schedule your showing today and discover all that lakeside living has to offer.

Investor Tools

$318,523Estimated Mortgage Balance
$256,084Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$609,829
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,442 /month
Positive
Cash Flow Estimate:
$1,147 /month

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Walker & Assoc. Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$413
$573,642
2025
$37,500
$546,282
$583,782
No

Tax History

Year
Tax Paid
Assessed Value
2024
$413
$573,642

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$323,250
No
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,523
$255,119
44%
56%
$1,939/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.

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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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602 N Shorewood Dr | Property Details | No Agent List