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Property Description
Two Adjacent Lots Near Lake LBJ - Build Your Dream Retreat in Granite Shoals! Don't miss this rare opportunity to own two adjacent buildable lots (Lots 75 & 76) in the desirable Castle Hills (Sherwood Shores) subdivision of Granite Shoals - combining for approximately 0.22 acres of level, ready-to-build land. Located on Bluebonnet Dr, just minutes from Lake LBJ, this property puts you close to the water without waterfront pricing. Granite Shoals is known as the "City of Parks," with 19 city parks (15 on the lake, 8 with boat ramps), so lake access, boating, and fishing are always nearby. Enjoy nearby amenities including covered tennis/pickleball courts, playgrounds, and hike & bike trails. No mandatory HOA - bring your own builder and timeline. Zoned to Marble Falls ISD (Highland Lakes Elementary, Marble Falls Middle & High School). Easy access via N Phillips Ranch Rd off FM 1431. Whether you're planning a full-time home, weekend getaway, or long-term investment, these two combined lots offer flexibility and space in one of the Hill Country's most active lake communities. Buyer to verify all lot dimensions, utilities, and school zoning.
Full Property Details
Full Property Details for MLS# 9866602
General
- Price: $40,000
- Taxes: (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 9866602
- Updated: 9/25/2026
- Added to Site: 5 day(s) ago
Additional Information
- Shared Amenities: Barbecue, Fishing, Lake, Playground, Park, Sport Court(s), Trails/Paths
Location
- Area: BU
- County: Burnet
- Subdivision: Castle Hills
- Driving Directions: From FM 1431, turn onto N Phillips Ranch Rd — that's the main entrance into Granite Shoals (also where the city's police department and fire department sit, so it's a well-marked turn). From there, head south/southwest through town into the Castle Hills (Sherwood Shores) subdivision and follow through to Bluebonnet Dr — the lots (75 & 76) sit between the existing homes at 417 and 425.
School Information
- Elem School District: Marble Falls ISD
- Midd School District: Marble Falls ISD
- High School District: Marble Falls ISD
- Elementary School: Highland Lake
- Middle School: Marble Falls
- High School: Marble Falls
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, High Speed Internet Available, Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Features: Few Trees
Financial Considerations
- Assessment Amount: $25,000
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Fannie Mae, Texas Vet, USDA Loan
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Legal Description: S3610 Castle Hills (Sherwood Shores), Lot 75 & Lot 76
- Disclosures/Reports: None
- Property ID: 8515
- Lot Number: 8515
Listed by Keller Williams Realty
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Schools
Schools serving MLS# 9866602
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 | 1.7 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 5.9 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 7.5 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 MLS# 9866602
Date
Details
Price
Change
Source
9/25/2026
Listed
$40,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 9866602
MLS# 9866602, Granite Shoals, TX 78654 (MLS# 9866602) is a Lots/Land property with a lot size of 0.22 acres. MLS# 9866602 is currently listed for $40,000 and was received on September 25, 2026. Want to learn more about MLS# 9866602? Do you have questions about finding other Lots/Land 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.

