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$40,000

TBD (421) Bluebonnet DR, Granite Shoals, TX, 78654

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About this property

Two Adjacent Lots Near Lake LBJ – Build Your Dream Retreat in Granite Shoals! Don't miss this rare opportunity to own two adjacent buildable lots (Lots 75 & 76) in the desirable Castle Hills (Sherwood Shores) subdivision of Granite Shoals — combining for approximately 0.22 acres of level, ready-to-build land. Located on Bluebonnet Dr, just minutes from Lake LBJ, this property puts you close to the water without waterfront pricing. Granite Shoals is known as the "City of Parks," with 19 city parks (15 on the lake, 8 with boat ramps), so lake access, boating, and fishing are always nearby. Enjoy nearby amenities including covered tennis/pickleball courts, playgrounds, and hike & bike trails. No mandatory HOA — bring your own builder and timeline. Zoned to Marble Falls ISD (Highland Lakes Elementary, Marble Falls Middle & High School). Easy access via N Phillips Ranch Rd off FM 1431. Whether you're planning a full-time home, weekend getaway, or long-term investment, these two combined lots offer flexibility and space in one of the Hill Country's most active lake communities. Buyer to verify all lot dimensions, utilities, and school zoning.

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$0Estimated Mortgage Balance
$40,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
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Cash Flow Estimate:
$100 /month

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Vernon Reinhardt

Keller Williams Realty

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Financing Details

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

City: Granite Shoals