ActiveResidential · sale

600 Deep Cove

Granite Shoals, TX 78654

$1,490,000

  • 4 beds
  • 4 baths
  • 2,974 sq ft
  • Built 1987

Listed by Horseshoe Bay Living 2, LLC · MLS #ACT2827370

600 Deep Cove, Granite Shoals, TX 78654 — photo 1 View full photo
1 / 30

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1987.

Garage parking

1 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Exceptional south-facing Lake LBJ waterfront home with 80’ of open water frontage, offering stunning views, calm waters, no HOA, and strong short-term rental income potential. This fully furnished, turn-key property is ready to generate revenue from day one or serve as the perfect personal lake retreat.
Featuring 4 bedrooms and 4.5 baths, the home is designed for hosting with an open-concept layout, multiple living areas, and a spacious game room. The gourmet kitchen includes granite countertops, double ovens, and ample dining space—ideal for large groups and entertaining.
Outdoors, enjoy a private boat dock with slip and jet ski ramps, expansive seating areas, fire pit, and a large fenced yard—perfect for maximizing guest experience and rental appeal.
Located in a prime Hill Country setting near Marble Falls, this property combines luxury lake living with proven Airbnb/VRBO potential, making it an ideal income-producing investment or second home.
Explore the locationMore properties in Granite Shoals

THE NEIGHBORHOOD

Explore the location.

600 Deep Cove, Granite Shoals, TX 78654

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1987
Full baths
3
Half baths
1
Garage spaces
1
Cooling
Central Air
Heating
Central
Appliances
Built-In Oven(s), Electric Cooktop, Dishwasher, Microwave, Refrigerator
Flooring
Bamboo, Tile
Fencing
Chain Link, Fenced, Partial
Accessibility
None
Pool features
None
Subdivision
Clear Cove
Parcel
03675000000072000
Elementary school
Highland Lake
Middle school
Marble Falls
High school
Marble Falls

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$6,208.33
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

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

Adjust assumptions
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 & interest—Loan 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.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

600 Deep Cove, Granite Shoals, TX 78654 · MLS #ACT2827370

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Granite Shoals.

147 Pine$294,500147 PineGranite Shoals, TX1001 Shorewood$950,0001001 ShorewoodGranite Shoals, TX2808 Kings Circle$299,0002808 Kings CircleGranite Shoals, TX

Listing information

MLS #ACT2827370 · Austin Board of Realtors

Listing brokerage: Horseshoe Bay Living 2, LLC
Listing agent: Kale Stephens

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