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ActiveMLS #8171217

139 E Cottonwood DR, Granite Shoals TX 78654

Granite Shoals, TX 78654 · Live Oak

Single Family Residence for sale in Live Oak

3Bedrooms
3Bathrooms
2,306Square Ft
0.69Acres
2Garage
1966Year Built
Price Reduced
1 / 40
$350,000$429,000

Overview

Property Description

Enjoy space, flexibility, and lake living just steps from Lake LBJ! This beautifully updated 3-bedroom, 3-bath home with office/den sits on a rare 0.69-acre, six-lot property in Granite Shoals. With extra lots on both sides, there’s room for boats, RVs, and all your lake lifestyle toys—or even the option to sell off additional lots. The home is thoughtfully upgraded with reverse osmosis filtration, a whole-house water softener, and an air purification system for added comfort. A large floored attic provides excellent storage. Walk to nearby waterfront parks and boat ramps, and enjoy community amenities like tennis courts, athletic fields, and scenic trails—all with no HOA. Just minutes from Marble Falls dining, shopping, and entertainment, and an easy drive to Austin or San Antonio, this property is perfect as a full-time home or weekend getaway. Properties with this much space and potential don’t come along often—don’t miss it!

Financial Info
Price
$350,000
$ / Sqft
$152
HOA
None
Tax Rate
2.2626%
Est. Taxes
$3,724
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
139 E Cottonwood DR
County
Burnet
City
Granite Shoals
State
TX
Zip
78654
Subdivision
Live Oak
Legal Description
S6010 LIVE OAK LOT 347 THRU 352
Parcel
27163
Interior Features
Floor
Tile
Num Living
1
Dining
1
Appliances
Built-In Oven(s), Dishwasher, Electric Cooktop, Electric Water Heater
Laundry
Laundry Room, Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room, Living Room
Interior Features
Entrance Foyer, Primary Bedroom on Main, No Interior Steps, Walk-In Closet(s), Study/Home Office, Smoke Detector(s), Window Treatments
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1966 / Resale
Square Feet
2,306 / Public Records
Garages
2
Garage Desc
Attached, Garage, Garage Faces Front
Foundation
Slab
Roof
Composition
Construction
Masonry – All Sides
Acres
0.69
Lot Description
Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
BU
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Above Ground, Electricity Available, Natural Gas Not Available, Phone Available
Heat
Central, Electric
A C
Central Air
Exterior Features
Fence
Chain Link, Fenced, Wood
Exterior Features
Boat Ramp, Private Yard, RV Hookup, Covered, Patio, Porch
Pool On Property
No
Area Amenities
None

Price history

Days on market
−$79,000 (−18.4%)
$429,000 → $350,000
6
Price reductions
Active
Since Apr 7, 2026
Price trend
List priceApr 2026 → Nov 2026
Property history7 events
DateEventPriceChange
Nov 3, 2026Price Decrease$350,000−$17,000 (−4.6%)
Oct 14, 2026Price Decrease$367,000−$2,000 (−0.5%)
Aug 28, 2026Price Decrease$369,000−$16,000 (−4.2%)
Jun 29, 2026Price Decrease$385,000−$14,000 (−3.5%)
May 9, 2026Price Decrease$399,000−$21,000 (−5%)
May 4, 2026Price Decrease$420,000−$9,000 (−2.1%)
Apr 7, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Marble Falls ISD
Elementary
Marble Falls
Middle
Marble Falls
High
Marble Falls

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $350,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$2,372 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $2,372

Principal & interest
$1,770
Property taxes
$310
Homeowners insurance
$292

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$280,000$3,130$18,108$276,870
2$276,870$3,339$17,898$273,531
3$273,531$3,563$17,675$269,968
4$269,968$3,801$17,436$266,167
5$266,167$4,056$17,181$262,111
6$262,111$4,328$16,910$257,783
7$257,783$4,618$16,620$253,165
8$253,165$4,927$16,311$248,239
9$248,239$5,257$15,981$242,982
10$242,982$5,609$15,629$237,373
  • Year 1$276,870
    Principal paid
    $3,130
    Interest paid
    $18,108
    Starting balance
    $280,000
  • Year 2$273,531
    Principal paid
    $3,339
    Interest paid
    $17,898
    Starting balance
    $276,870
  • Year 3$269,968
    Principal paid
    $3,563
    Interest paid
    $17,675
    Starting balance
    $273,531
  • Year 4$266,167
    Principal paid
    $3,801
    Interest paid
    $17,436
    Starting balance
    $269,968
  • Year 5$262,111
    Principal paid
    $4,056
    Interest paid
    $17,181
    Starting balance
    $266,167
  • Year 6$257,783
    Principal paid
    $4,328
    Interest paid
    $16,910
    Starting balance
    $262,111
  • Year 7$253,165
    Principal paid
    $4,618
    Interest paid
    $16,620
    Starting balance
    $257,783
  • Year 8$248,239
    Principal paid
    $4,927
    Interest paid
    $16,311
    Starting balance
    $253,165
  • Year 9$242,982
    Principal paid
    $5,257
    Interest paid
    $15,981
    Starting balance
    $248,239
  • Year 10$237,373
    Principal paid
    $5,609
    Interest paid
    $15,629
    Starting balance
    $242,982
First 10 of 30 years

Nearby

Courtesy of eXp Realty, LLC · (888) 519-7431

Listings courtesy of ACTRIS as distributed by MLS GRID.