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$495,000

NAL Estimated Property Value

604 Highcrest DR 621, Granite Shoals, TX, 78654

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths896 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$301.34 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Microwave, Electric Oven
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Dock, Playground

Building Information

Year Built1982

Land Information

APN63066
SubdivisionTropical Hideaway
Land UseResidential
Legal DescriptionS8403 TROPICAL HIDEAWAY LOT JAMAICA BLDG UNIT 621 & 1/66 INT IN LOTS 1, 2, TEN
Census Tract960502
Assessed Land Value$17,000
Assessed Improvement Value$175,718
Assessment Year2025

About this property

This fantastic condominium in the Tropical Hideaway has beautiful back porch views of the Lake LBJ! The community boasts two pools, beach volleyball, shuffle board, a 50 foot day dock and fishing pier, and a sand beach! The grounds are cared for by the community maintenance, the condominium pays for water, internet, and much more! Whether you're looking for a new home, a vacation home, an investment property, or any other real estate opportunity, this condominium will be a great choice!

Investor Tools

Property Icon
$495,000
Estimated Property Value
$140,759Estimated Mortgage Balance
$354,241Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$296/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,435
$161,099
2025
$17,000
$175,718
$192,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,435
$161,099

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Purchase Money Mortgage
$153,850
No
First
Nov 1, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,759
$354,241
71%
28%
$923/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 621 | Property Details | No Agent List