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Granite Shoals 78654
1405 Lakecrest DR
$549,000
↓ $40K (6.8%)
House - For Sale

1405 Lakecrest DR

Granite Shoals, TX 78654
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2116 Sqft
$3,010
Estimated Monthly
$0
HOA / Fees
4.77%
Cap Rate

About This Property

This property presents a fantastic opportunity for short-term rental investors! Directly across the street from Lake LBJ access at Hillcrest Park, the location is prime for vacationers seeking a lake getaway. The 3-bed, 2-bath layout offers comfortable sleeping arrangements, while the additional 372 sf air-conditioned space can be a bunk room, bonus room, game room, or even a home office for remote working guests. Enjoy unobstructed lake views from the home as well as the outdoor living space. The expansive wood deck is perfect for summer barbecues or entertaining, complete with a fire pit for cozy evenings under the stars. String lights add a touch of ambiance, creating a magical atmosphere for gatherings. Perfect for relaxing and enjoying the beautiful sunsets over the lake.  Inside you will find an inviting living and kitchen area with lots of natural light. 1744 sf. 3 bedroom, 2 baths, additional 372 sf living space and a 20x20 enclosed shop. This home offers the perfect balance of tranquility and convenience, with shops, restaurants, and recreational amenities just a short drive away.
Unit Size
2,116Ft²
Days on Market
48 days
Land Size
0.34 acres
Price per sqft
$259
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1985
Listed By
Mark Giesecke
Compass RE Texas, LLC
Last updated: 12 days ago (Unlock MLS #ACT3661330)

Price History

Date / Event Date Event Price
Apr 12, 2024 Price Decreased $549,000
↓ $40K (6.8%)
Price Decreased
Mar 15, 2024 Listed by Compass RE Texas, LLC $589,000
Listed by Compass RE Texas, LLC

Property Highlights

Air Conditioning
With View
Parking Details
Total Number of Parking: 4
Parking Features: Attached Carport
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, Pantry, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Free-Standing Electric Range, Washer/Dryer Stacked, Electric Water Heater
Flooring Type: Tile, Vinyl
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Living Area: 2116

Room 1

Level: Second
Type: Primary Bedroom
Features: Ceiling Fan(s), Recessed Lighting

Room 2

Level: Second
Type: Primary Bathroom
Features: Recessed Lighting

Room 3

Level: Main
Type: Kitchen
Features: Granite Counters, Dining Room

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,116
  • Gross Building Area: 2,116
  • Building Area: 2,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLCREST (SHERWOOD SHORES)
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S5214 HILLCREST (SHERWOOD SHORES) LOT 82-A

Ownership

  • Current Owner : HENSLEY JAMES SCOTT
  • Current Owner 2: HENSLEY DIANNA LEE
  • Previous Owner : GIESECKE MARK
  • Owner Before Previous Owner: POLLARD ROXIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960502

Geography

  • Assessors Map Reference: 72-A
  • Parcel: 19866
  • Lot: 82-A
  • Municipality: GRANITE SHOALS
  • Latitude: 30.5842
  • Longitude: -98.4029

    Address

  • Full Address: 1405 Lakecrest Dr
  • Address - House Number: 1405
  • Address - Street Name: Lakecrest
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Granite Shoals
  • Carrier Code: R005
  • 4-Digit Zip Code: 2750
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,491
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.4626
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 7
  • Final Value: 398,194
  • High Value: 582,422
  • Low Value: 213,965

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $433,824
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK STATE CHARTE
  • First Open Lien Mortgage Recording Date: Mar 24, 2016
  • First Open Lien Mortgage Loan Amount: $220,924
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: Apr 19, 2021
  • Second Open Lien Mortgage Loan Amount: $212,900
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $500,130
  • Market Land Value: $49,875
  • Market Improvement Value: $450,255

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,514

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 21, 2016
  • Current Sale Recording Date: Mar 24, 2016
  • Current Sale Transaction ID: 1486380702
  • Current Sale Price: $223,900
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201602557
  • Previous Sale Recording Date: Mar 20, 2015
  • Previous Sale Contract Date: Mar 17, 2015
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK STATE CHARTE
  • First Mortgage Transaction Date: Mar 24, 2016
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,300 ft²
$610,000 Mar 13, 2020
$549,000 - $671,000 Sep 2, 2021
$828/mo
House
2 Beds
1 Bath
1,082 ft²
$480,000 Jan 1, 2020
$432,000 - $528,000 Feb 26, 2020
$148/mo
Land
Loft
-
-
$550,000 May 7, 2020
$495,000 - $605,000 Apr 30, 2021
$352/mo
House
3 Beds
2 Baths
2,233 ft²
$231/ft²
$515,000 Feb 28, 2024
-
$693/mo
House
3 Beds
3 Baths
2,972 ft²
$219/ft²
$650,000 Oct 4, 2023
-
$302/mo

About Granite Shoals


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Frequently Asked Questions

When was property at 1405 Lakecrest Drive built and last sold?
The property at 1405 Lakecrest Drive was built in 1985 and last sold on Mar 21, 2016 for $223,900.
How much is this home worth?
The estimated value of the home located at 1405 Lakecrest Drive is $553,033.
What are some comparable homes to 1405 Lakecrest Drive?
Homes that are comparable to 1405 Lakecrest Drive include a house property at 156 West Castleshoals Drive, 1307 Hillcrest Drive, 607 Cove Circle.

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