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  2. Location
  3. Interior
  4. Exterior
  5. Property
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Status: Active

310 Castlehigh Dr 
Granite Shoals, TX 78654

$3,750,000

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This rare 2.19-acre lakefront property offers a once-in-a-generation opportunity on Lake LBJ! With 311' of wide open cove frontage, the setting is ideal for swimming, paddleboarding, fishing, or simply enjoying peaceful lake views. At the heart of the property is a stunning 100-foot waterfall designed to mimic a natural spring. Flowing through the center of the land, it adds a tranquil, unforgettable focal point. The existing 3-bed, 2-bath home offers comfortable living as-is and could serve as a base for your dream build or family compound. There's a covered carport, dedicated storage for lake toys, and ample room to expand — including space for a pool or multiple new builds. Zoned to allow short-term rentals, this property presents unique investment and redevelopment potential, with access from three separate roads (Castlehigh Dr, Mallard Point, and N Shorewood Dr). With the ability to develop 3 to 4 lake homes, it’s the perfect setup for a private family estate or boutique rental retreat. Lakefront properties with this much acreage and flexibility are almost unheard of—don't miss the chance to create something truly special, a legacy-level investment on Lake LBJ!
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Bedrooms
3
Baths
2
House Size
2,112 sqft
Year Built
1969
Lot Size
2.19 ac
School District
Marble Falls ISD

Location

Market Insights

In the last 30 days, homes for sale in 78654, Marble Falls, TX were on the market for a median of 58 days and 6.25% of homes sold above list price.

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Interior Information

features
Ceiling Fan(s)
Main Level Primary
fireplace
None
flooring
Carpet
Laminate
Heating & Cooling
Central Air
Ceiling Fan(s)
Central
kitchen
Laminate Counters
view
Lake
Panoramic

Exterior Information

features
None
fence
Partial
pool
None
roof
Composition

Property Information

accessibility
None
community
Park
construction
Wood Siding
foundation
Slab
lot
Sloped Down
Gentle Sloping
Moderate Trees
parking
Carport
No Covered Spaces
sewer
Septic Tank
water source
Public
  • Listed By Greg Gaynor
  • greg@fokuswaterfront.com
  • (512) 627-3779
  • Fokus Waterfront
  • greg@fokuswaterfront.com
  • MLS 9015150

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$32,416 (+3.9%)$1,403,400$384,108$1,787,508 (+0.5%)
2023$31,207 (+31.3%)$1,393,680$384,108$1,777,788 (+51.3%)
2022$23,774 (+21.3%)$877,530$297,383$1,174,913 (+27.1%)
2021$19,596$700,620$223,803$924,423

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$22,759

30 year fixed·6.9% interest rate
Principal & Interest
$19,758
Property Taxes
$2,701
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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