1506 Hill Top Dr Granite Shoals, TX 78654
Estimated payment $8,474/month
Highlights
- 125 Feet of Waterfront
- Marble Flooring
- Wood Fence
- In Ground Pool
- Central Air
About This Home
Incredible Opportunity to mix business with pleasure living the lake lifestyle. This unique property setup includes a two-story house with two boat slips on a community dock. The primary boat slip has a jet ski lift attached. Each boat slip has dedicated storage closets. There is also a secondary bulkhead mounted jet ski lift. 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 turn-key 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,832
Year Built
- Built in 2015
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 186 x 1
- 125 Feet of Waterfront
- Wood Fence
- Fenced For Cattle
- Perimeter Fence
HOA Fees
- $67 Monthly HOA Fees
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,004 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Concrete
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- Front Facing Garage
Utilities
- Central Air
- Electric Water Heater
- Septic Tank
Additional Features
- In Ground Pool
- Flood Zone Lot
Community Details
- Association fees include ext. liability, insurance, maintenance structure, management, trash, water
- Woodland Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 046391
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,832 | $1,326,912 | $511,321 | $815,591 |
| 2024 | $17,832 | $983,313 | $500,000 | $483,313 |
| 2023 | $17,832 | $994,313 | $511,000 | $483,313 |
| 2022 | $17,125 | $846,288 | $400,745 | $445,543 |
| 2021 | $17,943 | $819,052 | $400,745 | $418,307 |
| 2020 | $17,144 | $777,446 | $400,745 | $376,701 |
| 2019 | $17,475 | $772,321 | $400,745 | $371,576 |
| 2018 | $15,902 | $707,663 | $384,047 | $323,616 |
| 2017 | $15,563 | $696,881 | $384,047 | $312,834 |
| 2016 | $13,656 | $611,490 | $384,047 | $227,443 |
| 2015 | -- | $592,833 | $426,719 | $166,114 |
| 2014 | -- | $152,870 | $151,620 | $1,250 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Price Changed | $1,299,000 | -3.7% | $648 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $1,349,000 | -2.2% | $673 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $1,379,000 | -1.4% | $688 / Sq Ft |
| 04/17/2025 04/17/25 | Price Changed | $1,399,000 | -6.7% | $698 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $1,499,000 | 0.0% | $748 / Sq Ft |
| 03/13/2021 03/13/21 | Rented | $5,000 | 0.0% | -- |
| 12/07/2020 12/07/20 | For Rent | $5,000 | +11.1% | -- |
| 07/01/2020 07/01/20 | Rented | $4,500 | +28.6% | -- |
| 07/01/2020 07/01/20 | Under Contract | -- | -- | -- |
| 04/17/2020 04/17/20 | For Rent | $3,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | Credit Line Revolving | |
| Open | $42,000 | Purchase Money Mortgage | |
| Previous Owner | $675,000 | Commercial | |
| Previous Owner | $687,150 | No Value Available |
Source: Highland Lakes Association of REALTORS®
MLS Number: HLM172188
APN: 46391
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