310 Castlehigh DR, Granite Shoals TX 78654
Granite Shoals, TX 78654 · Greencastle
Single Family Residence for sale in Greencastle
Overview
Property Description
This is one of those opportunities that rarely comes to market, and when it does, it’s recognized for what it is: a true legacy property. Set on approximately 2.19 acres along the main body of Lake LBJ, this property offers an extraordinary 311 feet of waterfront—an increasingly rare combination of scale, privacy, & presence on one of the most sought-after stretches of the lake. The setting is both peaceful & expansive, w/wide open water views framed by a canopy of mature trees that provide natural beauty, shade, & a sense of seclusion that is difficult to replicate. The existing home on the property is livable & could be enjoyed as-is or updated over time. However, the true value here lies in the land itself—its size, frontage, & the flexibility it offers for the future. Whether that vision is to create a private waterfront estate, design a multi-generational family compound, or explore the potential to subdivide into multiple homesites (buyer to verify), the possibilities here are compelling. The property was originally platted as three lots, adding an additional layer of flexibility for those considering long-term use or investment. One of the property’s most unique features is its own small island just off the shoreline-an uncommon detail that gives the setting a true sense of character & place, creating an experience that feels distinctly your own. Life on this stretch of LBJ centers around the water, from quiet mornings under the trees & glassy conditions for skiing or paddling, to afternoons spent boating & gathering with family/friends. Evenings bring sweeping Hill Country sunsets across the main body of the lake. With constant water levels & unobstructed views, the property offers both beauty & usability, all within easy reach of every day conveniences. Properties with this combination of acreage, main body location & 300+ feet of frontage are exceptionally limited! This is an opportunity to secure a piece of Lake LBJ that can be enjoyed for generations.
Financial Info
- Price
- $2,450,000
- $ / Sqft
- $1160
- HOA
- None
- Tax Rate
- 1.79%
- Est. Taxes
- $31,939.19
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 310 Castlehigh DR
- County
- Burnet
- City
- Granite Shoals
- State
- TX
- Zip
- 78654
- Subdivision
- Greencastle
- Legal Description
- S4970 GREENCASTLE (SHERWOOD SHORES) LOT 687,691,& 693
- Parcel
- 17785
Interior Features
- Floor
- Carpet, Laminate
- Num Living
- 1
- Dining
- 1
- Appliances
- Electric Range, Refrigerator
- Laundry
- Laundry Room
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Fireplaces
- 2
- Fireplace Description
- None
- Interior Features
- Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, Primary Bedroom on Main, Washer Hookup, None, Aluminum Frames
General Info
- Beds
- 3 Total / 1 Main Level / 2 Other Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 1969 / Resale
- Square Feet
- 2,112 / Public Records
- Garage Desc
- Carport
- Foundation
- Slab
- Roof
- Composition
- Construction
- Wood Siding
- Acres
- 2.19
- Lot Description
- Gentle Sloping, Public Maintained Road, Sloped Down, Trees-Large (Over 40 Ft), Trees-Moderate, Views
- Restrictions
- None
- Flood Plain
- No
- View
- Lake, Panoramic
- Water Access
- Yes
- Waterfront
- Yes
- Area
- BU
Utility Info
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Water Connected
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Partial
- Exterior Features
- None, Covered
- Pool On Property
- No
- Area Amenities
- Park
Rooms
Main level
- Primary Bathroom
Full Bath
- Kitchen
Laminate Counters
- Primary Bedroom
Ceiling Fan(s)
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 30, 2026 | Price Decrease | $2,450,000−$500,000 (−16.9%) | −$500,000 (−16.9%) |
| May 8, 2026 | New Listing | — |
Taxes
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
Estimated monthly payment
$17,093 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $17,093
- Principal & interest
- $12,389
- Property taxes
- $2,662
- Homeowners insurance
- $2,042
*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 | $1,960,000 | $21,907 | $126,755 | $1,938,093 | |
| 2 | $1,938,093 | $23,375 | $125,288 | $1,914,718 | |
| 3 | $1,914,718 | $24,940 | $123,722 | $1,889,778 | |
| 4 | $1,889,778 | $26,610 | $122,052 | $1,863,168 | |
| 5 | $1,863,168 | $28,392 | $120,270 | $1,834,775 | |
| 6 | $1,834,775 | $30,294 | $118,368 | $1,804,481 | |
| 7 | $1,804,481 | $32,323 | $116,340 | $1,772,158 | |
| 8 | $1,772,158 | $34,488 | $114,175 | $1,737,671 | |
| 9 | $1,737,671 | $36,797 | $111,865 | $1,700,874 | |
| 10 | $1,700,874 | $39,262 | $109,401 | $1,661,612 |
- Year 1$1,938,093
- Principal paid
- $21,907
- Interest paid
- $126,755
- Starting balance
- $1,960,000
- Year 2$1,914,718
- Principal paid
- $23,375
- Interest paid
- $125,288
- Starting balance
- $1,938,093
- Year 3$1,889,778
- Principal paid
- $24,940
- Interest paid
- $123,722
- Starting balance
- $1,914,718
- Year 4$1,863,168
- Principal paid
- $26,610
- Interest paid
- $122,052
- Starting balance
- $1,889,778
- Year 5$1,834,775
- Principal paid
- $28,392
- Interest paid
- $120,270
- Starting balance
- $1,863,168
- Year 6$1,804,481
- Principal paid
- $30,294
- Interest paid
- $118,368
- Starting balance
- $1,834,775
- Year 7$1,772,158
- Principal paid
- $32,323
- Interest paid
- $116,340
- Starting balance
- $1,804,481
- Year 8$1,737,671
- Principal paid
- $34,488
- Interest paid
- $114,175
- Starting balance
- $1,772,158
- Year 9$1,700,874
- Principal paid
- $36,797
- Interest paid
- $111,865
- Starting balance
- $1,737,671
- Year 10$1,661,612
- Principal paid
- $39,262
- Interest paid
- $109,401
- Starting balance
- $1,700,874
Nearby
Courtesy of RE/MAX Fine Properties · (512) 764-3667
Listings courtesy of ACTRIS as distributed by MLS GRID.