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$767,000

900-902 Impala DR, Granite Shoals, TX, 78654

$997,100 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$523.62 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Microwave, Range, Refrigerator, Washer/Dryer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1984

Land Information

APN81617
SubdivisionArthur Luckey
Land UseResidential
Legal DescriptionABS A0530 ARTHUR LUCKEY,TR B PT OF.544 ACRES
Census Tract960502
Assessed Land Value$506,160
Assessed Improvement Value$260,840
Assessment Year2025

About this property

Rare opportunity to purchase BOTH SIDES of a waterfront duplex on Lake LBJ! 3 bedroom, 2 bath, fully updated on each side with open floor plans, tall vaulted ceilings and gorgeous views out to the lake. Impeccably maintained grounds with gorgeous landscape and an abundance of outdoor areas to spread out and enjoy all the lake life has to offer. Two separate boat docks, one for each unit and both made with steel into the water and sized for most any boat on the lake. Two separate wave runner lifts to hold up to 4 watercraft plus ample, covered seating areas down by the water. This unique setup is full of potential and provides for lots of flexibility and options: Rent both sides, use one side and rent the other or keep both together as a perfect family compound with plenty of space for family, friends and guests. Large cove-protected water makes for the ideal spot for kayaks, paddle boards and swimming in the lake plus easy spot to park the boat without all the wave action! Opportunities like this are few and far between and when your lake house can double as an investment property thats a win-win. Come tour this unique waterfront setup in the Texas Hill Country today!

Investor Tools

Property Icon
$767,000
Estimated Property Value
$0Estimated Mortgage Balance
$767,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$997,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,910 /month
Positive
Cash Flow Estimate:
$2,970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,106
$767,000
2025
$506,160
$260,840
$767,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,106
$767,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$767,000
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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900-902 Impala DR | Property Details | No Agent List