Date
Details
Price
Change
Source
8/25/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Established mixed use, multiple income stream, commercial property in the heart of the Highland Lakes in Granite Shoals. Currently priced at 8.50 CAP rate, this property is the largest and only secure storage facility in Granite Shoals, located 1 block south of the busy FM1431. Visible from FM1431, which is uniquely noticeable by its blue doors. It consists of 143 different units: 118 self-storage (5x5 to 20x20), 10 efficiency apartments (500 sqft), 13 boat/RV parking spots, a 3,000 sqft warehouse (40x75), and a 1,200 sqft shop (20x60). Together it totals approx. 32,950 sqft of net rentable footage on 2.74 acres. 3 of the 10 apartments have been fully updated, all apartments had appliances recently replaced, and they have sustained 99% occupancy over the last 10 years. The warehouse & shop have also sustained 98% occupancy over the last 10 years. Self-storage has maintained above average occupancy, currently 75%. All apartments are individually electric metered paid by tenant, water is provided by onsite private well, and all have septic systems making the utility expenses virtually nothing for the owner. The property is professionally managed by a 3rd party and utilizes online software and website to manage virtually all aspects of the administrative processes, www.trademarkselfstorage.com. To our knowledge the City of Granite Shoals will not be approving any new self-storage facilities plus several newly proposed residential developments in close proximity make this a safe play. Seller is a LREB
Full Property Details
Full Property Details for 1406 Churchill Dr
General
- Price: $1,750,000
- Status: Active
- Type: Apartment
- Source: Highland_Lakes_MLS
- MLS ID: 179222
- Updated: 8/26/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Self Storage, Apartments
- Misc. Information: Delivery Door, Fencing, Front Exposure, Dead Bolt Locks, Security System, Separate Meters, Smoke Detectors, Storage Space, High Traffic Location, High Visibility, In City, Loading Dock, RV Parking
Interior
- Appliances: Electric Range, Refrigerator
- Flooring: Laminate Floating, Vinyl, Concrete
Parking
- Parking Features: Gravel
Location
- County: Burnet
- Driving Directions: From Marble Falls, West on FM1431 to Valley View, left on Valley View, immediate right on to Churchill Dr. Property located on South side of street and starts with the large warehouse and includes all the buildings to the West with blue doors.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Gas: None
- Sewer: Septic Tank
- Water: Well
Structural Information
- Construction: Block, Steel Frame, Wood Siding, HardiPlank Type, Masonite
- Foundation: Slab
- Roof: Metal
- Stories/Levels: 1
- Year Built: 1972
Lot Features
- Lot Size (Acres): 2.74
- Lot Dimensions: 179.4 x 700
- Frontage: Paved Road
- Zoning: Industrial
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s), Windows
Disclosures and Reports
- Legal Description: S3660 CHURCHILL (SHERWOOD SHORES) LOT 62 THRU 68
- Inclusions: Building(s), Business, Land
- Property ID: 9821
Listed by Homezini Realty Group, Thomas Schultz
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Listing agent
— 1406 Churchill Dr —
Thomas Schultz
Homezini Realty Group
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1406 Churchill Dr
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Highland Lakes Elementary School 8200 Ranch to Market 1431, Granite Shoals, TX 78654 | PK-5 | 1.3 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 4.5 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1406 Churchill Dr
Tax History
Tax History for 1406 Churchill Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,974
-6%
$508,223
-3%
2024
$9,538
3%
$525,943
—
2023
$9,232
-13%
$525,943
—
2022
$10,642
40%
$525,943
47%
2021
$7,586
-3%
$357,851
—
2020
$7,839
-1%
$357,851
—
2019
$7,891
-3%
$357,851
—
2018
$8,097
—
$357,851
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1406 Churchill Dr
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1406 Churchill Drive, Granite Shoals, TX 78654 (MLS# 179222) is a Apartment property. 1406 Churchill Drive is currently listed for $1,750,000 and was received on August 25, 2026. Want to learn more about 1406 Churchill Drive? Do you have questions about finding other Apartment real estate for sale in Granite Shoals? You can browse all Granite Shoals real estate or contact a Coldwell Banker agent to request more information.