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$150,000

NAL Estimated Property Value

Lot 55, 56, 57, 58, 1167, 1168 Greencastle and Mystic DR, Granite Shoals, TX, 78654

Off MarketInfo
Baths0 Bath

About this property

The primary industry in Granite Shoals is granite mining, and the city is popular with lake enthusiasts, with its 18 city parks, 14 of which are located on Lake Lyndon B. Johnson. The city's municipal complex is home to Quarry Park, which has two regulation covered tennis courts, a baseball field, batting cages, and a covered multi-sports complex with basketball, soccer, and pickleball facilities. In 2011, the city received a grant to fund the Leonel Manzano Hike, Bike, and Run Trails at its municipal complex, which has 2-mile and 1/2-mile trails.[11] Leonel Manzano grew up in Granite Shoals. The city is undergoing substantial growth with the opening of several new stores. Students in Granite Shoals attend schools in the Marble Falls Independent School District; elementary students attend Highland Lakes Elementary School in Granite Shoals, and middle and high school students travel six miles to neighboring Marble Falls. Nice quiet neighborhood with a five-minute drive to the east shore of Lake Lyndon B. Johnson.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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Lot 55,56,57,58,1167,1168 Greencastle and Mystic DR | Property Details | No Agent List