ActiveResidential · sale

137 Hill

Granite Shoals, TX 78654

$514,800

  • 2 beds
  • 3 baths
  • 1,500 sq ft
  • 0.9 acres
  • Built 2007

Listed by Compass RE Texas, LLC · MLS #ACT1679355

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The upstairs features a custom wet bar that opens directly onto the large second-story deck, making it perfect for gatherings and celebrations.

Year built

Built in 2007.

Property size

0.9 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

No HOA and the freedom to do what you want with nearly an acre of unrestricted land near beautiful Lake LBJ. Located at 137 Hill Dr in Granite Shoals, this private Hill Country retreat offers space for your lifestyle with RV hookups already in place and plenty of room to park your boat, trailer, side-by-side, golf cart, or other outdoor toys.

This exceptional property blends outdoor adventure with peaceful seclusion. Enjoy mornings and sunsets from the expansive second-floor deck, while the large covered patio below provides a perfect shaded space for relaxing or entertaining. Just steps away, a custom fire pit overlooks your stocked pond—home to bass, perch, catfish, turtles, and frogs—creating a magical backyard setting.

Inside, the thoughtfully designed floor plan is ideal for hosting friends and family. The upstairs features a custom wet bar that opens directly onto the large second-story deck, making it perfect for gatherings and celebrations. Stairs lead from the deck down to the fire pit and pond area, seamlessly connecting indoor and outdoor living.

The kitchen features a “magic window” overlooking the pond, offering daily views of abundant wildlife including axis deer, whitetail deer, blue herons, foxes, cranes, ducks, geese, and colorful songbirds.

Mature oak trees and a towering pine provide shade and character throughout the property. The home is served by both city water and a private well that feeds a waterfall into the pond, helping maintain water levels even during dry conditions.

Located near multiple lakeside parks and boat ramps with easy Lake LBJ access and only about 10 minutes to downtown Marble Falls. Ideal as a full-time home, weekend retreat, or short-term rental opportunity.

THE NEIGHBORHOOD

Explore the location.

137 Hill, Granite Shoals, TX 78654

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2007
Full baths
3
Half baths
0
Garage spaces
0
Cooling
Central Air
Heating
Central, Electric
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Water Softener
Flooring
Carpet, Wood
Fencing
Fenced, Perimeter, Split Rail
Accessibility
None
Pool features
None
Subdivision
OUT/BURNET COUNTY
Parcel
40320
Elementary school
Marble Falls
Middle school
Marble Falls
High school
Marble Falls
Annual property tax
$8,602.54

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,145.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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137 Hill, Granite Shoals, TX 78654 · MLS #ACT1679355

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Listing information

MLS #ACT1679355 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Dax Oglesby

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.