— bed, — bath on 0.01 acres in Granite Shoals. Granite Shoals, TX 78654. $1,200,000. Marble Falls ISD.
About This Home
DREAM LAKE FRONT LOT, Cleared ready to build. Build with us or bring your own builder. NO HOA
Waterfront is the defining advantage here, and 1106 Impala Dr puts that opportunity in Granite Shoals in Marble Falls, where buildable shoreline lots are the part of the market buyers watch closely. Offered at $1.30M, this is unimproved land with a recorded lot size of 0.0072 acres, 20 days on market, and no HOA, which matters for buyers who want more control over design, timing, and long-term use.
The value proposition is straightforward. This is a cleared waterfront site that is ready for the next phase, whether that means building immediately or securing the lot now and planning the project with your own builder. In a waterfront setting, the real decision is not just whether a lot is available. It is whether the site is build-ready, whether the ownership structure creates unnecessary constraints, and whether the location has lasting pull. This property answers those questions with a simple profile: cleared land, no HOA, direct waterfront positioning, and a Marble Falls address inside Burnet County.
School path is part of the evaluation for many buyers, and this homesite falls within Marble Falls ISD. Highland Lake Elementary, Marble Falls Middle School, and Marble Falls High School are all assigned here. Even when a buyer is focused first on the land itself, district alignment still plays into resale depth and long-term marketability, especially in established waterfront pockets where inventory is limited and use cases vary from primary residence planning to future hold strategy.
Because this is land rather than a finished house, the analysis shifts from finishes and floor plans to scarcity and optionality. A waterfront parcel in Granite Shoals gives a buyer the chance to control the eventual product instead of inheriting someone else’s design decisions. The absence of existing improvements also means the focus stays where it should be: on the site, the setting, and the flexibility to create a property that fits the owner’s timeline and priorities. For a buyer who understands the leverage of securing waterfront land before the build, 1106 Impala Dr is a position with clear upside in both use and future value.
The numbers behind this insight
- Offered at
- $1,200,000
- Listed
- February 24, 2026
- Price changes
- Reduced, down 7.7% from $1,300,000
- Property Type
- Land
- Lot Size
- 0.01 acres
Listing information last updated July 30, 2026.
Listed by Epperson Realty Group LLC
MLS# 3480874 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Level
- Lot Size
- 0.01 Acres
- Lake Front
- Waterfront
Financial
- Original List Price
- $1,300,000
Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1106 Impala DR, whoever represented it.
- ActiveListed 2026Current price: $1,200,000Original list: $1,300,000MLS 3480874
- Listed · February 24, 2026$1,300,000
- Price changed · June 27, 2026$1,200,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,200,000
- Original list
- $1,300,000
- Price movement
- $100K reduction
- Listed / DOM
- Feb 24, 2026 · 239 days
Virtual Tour

Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Highland Lake
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($240K)
Adjustable assumption - not a lending recommendation.
$1,200,000
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Keenan Market Position
A sourced read on Granite Shoals pricing, timing, and property scale. No automated valuation claim.
List price
$1,200,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
239 days
Original to current
$100K reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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