1506 Hill Top DR, Granite Shoals TX 78654
Granite Shoals, TX 78654 · Woodland Hills
Single Family Residence for sale in Woodland Hills
Overview
Property Description
Incredible Opportunity to mix business with pleasure living the lake lifestyle. This unique property setup includes a two-story house with one boat slip on a community dock. The primary boat slip has a jet ski lift attached. The boat slip has a dedicated storage closet. With a proven track record for short term rental success, this property offers flexibility for year-round personal use while maintaining investment income. There are also plans available for a two-story master suite garage expansion to offer a dedicated owner quarters connected to an income producing asset with separated entry points! This property is being offered as a turnkey fully furnished instant income STR property. The property is fenced fully for security. The lower floor which has a front and rear covered patio contains the kitchen, main living, dining, and entry hall half bath. A large rear wall of glass that opens up to a large stone patio with fire ring and dock access. The upper floor contains the Master Suite, Bunkbed Room, Third Bedroom, Upper living room, Second Full Bathroom, and Upper Lake View Covered Balcony. There is an additional out-door showering area and an outdoor half bath. There is a private concrete party deck over 1000 sq ft in size with great views for entertaining space. If you enjoy a social atmosphere with lake front amenities, this property seals the deal!
Financial Info
- Price
- $1,149,900
- $ / Sqft
- $574
- HOA
- Yes - Mandatory / $804 / Annually
- HOA Name
- Overlook Cove Condos Association Inc.
- HOA Includes
- Insurance, Maintenance Grounds, Trash, Water, See Remarks
- Tax Rate
- 1.7554%
- Est. Taxes
- $17,454
- Tax Year
- 2024
- Exemptions
- None
Legal Info
- Address
- 1506 Hill Top DR
- County
- Burnet
- City
- Granite Shoals
- State
- TX
- Zip
- 78654
- Subdivision
- Woodland Hills
- Legal Description
- S8710 WOODLAND HILLS LOT 493A
- Parcel
- 46391
Interior Features
- Floor
- Carpet, Concrete, Marble, Tile, Wood, See Remarks
- Num Living
- 2
- Dining
- 1
- Kitchen
- Granite Counters, Kitchen Island, Pantry
- Appliances
- Cooktop, Dishwasher, Dryer, Microwave, Free-Standing Electric Range, Refrigerator, See Remarks, Washer, Electric Water Heater
- Laundry
- Outside
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), High Ceilings, Granite Counters, Electric Dryer Hookup, Entrance Foyer, High Speed Internet, Interior Steps, Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Sound System, Stackable W/D Connections, Storage, Washer Hookup, Wired for Data, Wired for Sound, Fire Alarm, Security Fence, Smoke Detector(s), Blinds, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Vinyl Windows
General Info
- Beds
- 3 Total / 3 Other Level
- Full / Half Baths
- 2 / 2
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 2015 / Resale
- Square Feet
- 2,004 / Public Records
- Garage Desc
- Boat
- Foundation
- Slab
- Roof
- Composition
- Construction
- HardiPlank Type, Wood Siding, See Remarks
- Acres
- 0.33
- Lot Description
- Sprinkler - Automatic
- Restrictions
- Deed Restrictions, Development Type, Zoning
- Flood Plain
- Partial
- View
- Lake
- Water Access
- Yes
- Waterfront
- Yes
- Area
- BU
Utility Info
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Cable Connected, Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Not Available, Sewer Connected, Water Connected
- Heat
- Central, Electric, Exhaust Fan
- A C
- Central Air
Exterior Features
- Fence
- Perimeter, Wood, See Remarks
- Exterior Features
- Balcony, Boat Dock - Shared, Boat Lift, CCTYD, Private Yard, Covered
- Pool On Property
- Yes
- Area Amenities
- Airport/Runway, BBQ Pit/Grill, Bike Storage/Locker, Common Grounds, Fishing, Lake
Rooms
Main level
- Kitchen
Bar, Ceiling Fan(s), GranCnt
Second level
- Primary Bedroom
Ceiling Fan(s), GranCnt, Dual Vanity, Full Bath, Pocket Doors, Recessed Lighting, Separate Shower, Storage, Two Primary Closets
- Primary Bathroom
Ceiling Fan(s), GranCnt, Dual Vanity, Full Bath, Pocket Doors, Recessed Lighting, Separate Shower, Storage, Two Primary Closets
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 4, 2026 | Price Decrease | $1,149,900−$25,000 (−2.1%) | −$25,000 (−2.1%) |
| May 12, 2026 | Price Decrease | $1,174,900−$74,100 (−5.9%) | −$74,100 (−5.9%) |
| Mar 4, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Marble Falls ISD
- Elementary
- Highland Lake
- Middle
- Marble Falls
- High
- Marble Falls
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$8,228 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $8,228
- Principal & interest
- $5,815
- Property taxes
- $1,455
- Homeowners insurance
- $958
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $919,920 | $10,282 | $59,492 | $909,638 | |
| 2 | $909,638 | $10,971 | $58,803 | $898,667 | |
| 3 | $898,667 | $11,706 | $58,069 | $886,961 | |
| 4 | $886,961 | $12,489 | $57,285 | $874,472 | |
| 5 | $874,472 | $13,326 | $56,448 | $861,146 | |
| 6 | $861,146 | $14,218 | $55,556 | $846,928 | |
| 7 | $846,928 | $15,171 | $54,604 | $831,757 | |
| 8 | $831,757 | $16,187 | $53,588 | $815,571 | |
| 9 | $815,571 | $17,271 | $52,504 | $798,300 | |
| 10 | $798,300 | $18,427 | $51,347 | $779,873 |
- Year 1$909,638
- Principal paid
- $10,282
- Interest paid
- $59,492
- Starting balance
- $919,920
- Year 2$898,667
- Principal paid
- $10,971
- Interest paid
- $58,803
- Starting balance
- $909,638
- Year 3$886,961
- Principal paid
- $11,706
- Interest paid
- $58,069
- Starting balance
- $898,667
- Year 4$874,472
- Principal paid
- $12,489
- Interest paid
- $57,285
- Starting balance
- $886,961
- Year 5$861,146
- Principal paid
- $13,326
- Interest paid
- $56,448
- Starting balance
- $874,472
- Year 6$846,928
- Principal paid
- $14,218
- Interest paid
- $55,556
- Starting balance
- $861,146
- Year 7$831,757
- Principal paid
- $15,171
- Interest paid
- $54,604
- Starting balance
- $846,928
- Year 8$815,571
- Principal paid
- $16,187
- Interest paid
- $53,588
- Starting balance
- $831,757
- Year 9$798,300
- Principal paid
- $17,271
- Interest paid
- $52,504
- Starting balance
- $815,571
- Year 10$779,873
- Principal paid
- $18,427
- Interest paid
- $51,347
- Starting balance
- $798,300
Nearby
12 closest listings to 1506 Hill Top DR, Granite Shoals TX 78654 (within 2 miles).
Courtesy of ListingSpark · (877) 897-7275
Listings courtesy of ACTRIS as distributed by MLS GRID.