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$375,000

NAL Estimated Property Value

604 Highcrest DR 511, Granite Shoals, TX, 78654

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,230 Sq Ft
price_per_sqft$300.81 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesWasher Dryer Stacked, Exhaust Fan, Electric Water Heater, Free Standing Electric Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliances
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1982

Land Information

APN63049
SubdivisionTropical Hideaway
Land UseResidential
Legal DescriptionS8403 TROPICAL HIDEAWAY LOT COZUMEL BLDG UNIT 511 & INT IN LOTS 1, 2, TENNIS C
Census Tract960502
Assessed Land Value$17,000
Assessed Improvement Value$315,234
Assessment Year2025

About this property

Fully furnished and truly turnkey, this inviting residence at 604 Highcrest Dr #511 in Marble Falls offers effortless Hill Country living with direct access to Lake LBJ. Sold complete with furnishings, the unit is ideal as a full-time residence, weekend retreat, or short-term rental investment. Bright, comfortable living spaces complement a convenient lock-and-leave lifestyle in a well-maintained condo community. Residents enjoy Lake LBJ access with a day dock and a private beach, along with thoughtfully maintained common areas designed for relaxation and recreation. Ideally located near waterfront dining, golf, shopping, and downtown Marble Falls. A rare opportunity to own a furnished, move-in-ready condo with exceptional lake amenities.

Investor Tools

Property Icon
$375,000
Estimated Property Value
$0Estimated Mortgage Balance
$375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,694
$244,421
2025
$17,000
$315,234
$332,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,694
$244,421

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
100%
0%
$0/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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604 Highcrest DR 511 | Property Details | No Agent List