Date
Details
Price
Change
Source
2/02/2026
Listed
$1,130,000
—
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
Welcome to 508 Sherwood Forest, a thoughtfully designed southeast-facing waterfront home offering comfort, flexibility, and excellent lake access. Situated on three combined lots with approximately 150 feet of channel/cove-protected waterfront, this property provides a rare blend of privacy, usability, and investment potential. Short-term rentals are allowed, making it well suited for both personal enjoyment and income opportunities. The home features 2 bedrooms and 2 bathrooms, with a spacious loft that functions well as a third sleeping area or bonus room. With 2,128 square feet, the open-concept floor plan creates a natural flow between the kitchen, dining, and living areas, ideal for everyday living and entertaining. Two bedrooms are conveniently located on the main level, offering practical, accessible living. Built in 1980, the residence offers generous room sizes and a layout that balances openness with privacy. Outdoor living is highlighted by a back patio overlooking the calm, protected cove-perfect for relaxing, entertaining, or enjoying peaceful lake views. A private boat slip provides easy access to the water, while the two-car garage adds functionality and storage. Located in a quiet, established setting, this property presents a unique opportunity to own a southeast-facing, cove-protected waterfront home with substantial frontage, flexible living space, and strong recreational and rental appeal.Will copy and paste that now
Full Property Details
Full Property Details for 508 Sherwood Forest Dr
General
- Price: $1,130,000
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 176348
- Updated: 2/2/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Electric Range, Washer Hookup, Cooktop, Wall Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 2 Car Attached Garage
Location
- County: Burnet
- Subdivision: Forest Hills
- Driving Directions: From TX-71, turn onto FM 1431 West toward Marble Falls. Continue on FM 1431 for approximately 8 miles, then turn right onto Sherwood Forest Drive. Follow Sherwood Forest Drive to 508 Sherwood Forest, which will be on your right near the waterfront.
School Information
- High School District: Marble Falls
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Stories/Levels: 1
- Square Feet: 2,128
- Sq. Ft. Source: County Records
- Living Area: 2,128 Sq. Ft.
- Year Built: 1980
Unit Information
- Residential Units: 1
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Dimensions: 150 x 133
- Zoning: Res
Water Features
- Water Front Type: Channel
- Water Front View: Yes/Other
- Boat Dock Slip: Yes
Green Features
- Energy Efficient: Ceiling Fan(s)
Financial Considerations
- Price Per Sq. Ft.: $531.02
- Assoc Fee Freq.: None
Disclosures and Reports
- Legal Description: S4560 FOREST HILLS LOT 581, 582, 583 & .03 AC ABST 299 C O HOWARD ABST
- Property ID: 15028
Listed by Horseshoe Bay Living 2, LLC, Kale Stephens
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Listing agent
— 508 Sherwood Forest Dr —
Kale Stephens
Horseshoe Bay Living 2, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 508 Sherwood Forest 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 | 1.6 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 5.5 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Sherwood Forest Dr
Tax History
Tax History for 508 Sherwood Forest Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,341
—
$1,279,789
20%
2024
$19,341
5%
$1,066,491
1%
2023
$18,493
17%
$1,053,473
35%
2022
$15,761
40%
$778,880
46%
2021
$11,280
10%
$532,111
13%
2020
$10,272
-1%
$468,913
—
2019
$10,373
3%
$470,396
5%
2018
$10,105
—
$446,629
—
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 508 Sherwood Forest Dr
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- Single Family
- Active
- Updated 18 hours ago
- 4Beds
- 2Total Baths
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508 Sherwood Forest Drive, Granite Shoals, TX 78654 (MLS# 176348) is a Single Family property with 2 bedrooms and 2 full bathrooms. 508 Sherwood Forest Drive is currently listed for $1,130,000 and was received on February 02, 2026. Want to learn more about 508 Sherwood Forest Drive? Do you have questions about finding other Single Family 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.