ActiveResidential · sale

402 South Shorewood

Granite Shoals, TX 78654

$2,495,000

  • 4 beds
  • 5 baths
  • 4,344 sq ft
  • 0.48 acres
  • Built 2005

Listed by Kuper Sotheby's Int'l Realty · MLS #ACT7631976

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Additional highlights include a large lot with ample parking, 2 additional lots across the street with an extra two-car garage, storage building & garden area.

Year built

Built in 2005.

Garage parking

4 garage spaces listed.

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

THE PROPERTY

Get to know the property.

This is the lake house you’ve been waiting for! Step inside to be instantly captivated by sweeping open-water views stretching across 95' feet of pristine waterfront all the way to Sunrise Beach. Perfect for full-time living or a fantastic weekend escape, this meticulously updated retreat offers an inviting open-concept design with high-end finishes throughout. The home features a gourmet kitchen built for entertaining, a large dining room, a large breakfast dining area, a spacious office with custom built-ins, large primary suite with sitting area, cedar lined closet & heated floors in the primary bathroom. A turn-key property featuring 3 bedrooms, a large bunk room, a versatile flex room, and 4.5 baths. A workout room & upstairs sitting room with private veranda overlooking the lake. A true backyard oasis with covered outdoor living area with a fully equipped outdoor kitchen & huge back yard ready to accommodate a pool if desired. Lakeside is a double boathouse with sitting area, fishing dock, hydraulic boat lifts & two hydraulic jet ski lifts providing effortless access to the lake. Additional highlights include a large lot with ample parking, 2 additional lots across the street with an extra two-car garage, storage building & garden area. Nestled in the heart of the Texas Hill Country, Lake LBJ offers constant-level, protected waters ideal for boating, fishing, paddleboarding, & jet skiing almost year-round. Just 45 minutes northwest of Austin and 90 minutes from San Antonio.

THE NEIGHBORHOOD

Explore the location.

402 South Shorewood, Granite Shoals, TX 78654

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2005
Full baths
4
Half baths
1
Garage spaces
4
Cooling
Central Air, Heat Pump
Heating
Central, Fireplace(s), Heat Pump
Appliances
Built-In Gas Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer
Flooring
Carpet, Tile, Vinyl
Fencing
Wood
Accessibility
See Remarks
Pool features
None
Subdivision
Tanglewood
Parcel
08310-0000-00048-000
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$10,395.83
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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402 South Shorewood, Granite Shoals, TX 78654 · MLS #ACT7631976

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Listing information

MLS #ACT7631976 · Austin Board of Realtors

Listing brokerage: Kuper Sotheby's Int'l Realty
Listing agent: Tammie Bennett

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