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ActiveMLS #1139679

310 Castlehigh DR, Granite Shoals TX 78654

Granite Shoals, TX 78654 · Greencastle

Single Family Residence for sale in Greencastle

3Bedrooms
2Bathrooms
2,112Square Ft
2.19Acres
0Garage
1969Year Built
Price Reduced
1 / 60
$2,450,000$2,950,000
3D tour

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

Rooms3 rooms

Main level

  • Primary Bathroom

    Full Bath

  • Kitchen

    Laminate Counters

  • Primary Bedroom

    Ceiling Fan(s)

Price history

Members only
Days on market
−$500,000 (−16.9%)
$2,950,000 → $2,450,000
1
Price reduction
Active
Since May 8, 2026
Price trend
List priceMay 2026Jul 2026
Property history2 events
DateEventPriceChange
Jul 30, 2026Price Decrease$2,450,000−$500,000 (−16.9%)
May 8, 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 $2,450,000
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

$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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of RE/MAX Fine Properties · (512) 764-3667

Listings courtesy of ACTRIS as distributed by MLS GRID.