5 bed, 4 bath, 3,545 sqft on 1.20 acres in Granite Shoals. Granite Shoals, TX 78654. $1,495,000. Marble Falls ISD.
About This Home
Situated on over 200' of protected cove frontage, this 3,545 sf lake house comes with 6 total lots, offering rare space, privacy, and long-term potential. The property features 5 bedrooms and 4 full baths, making it ideal for large families, multi-generational use, or short-term rental operations. Enjoy beautiful water views, gentle cove access, and a 2-slip boat house for effortless lake living. Mature shade trees surround the home, creating a park-like setting and comfortable outdoor spaces year-round. The expansive lot configuration provides room to enhance outdoor amenities, expand, or reimagine the property to suit your vision. The home is functional but ready for updating, presenting an excellent value-add opportunity in a prime Lake LBJ location. Short-term rentals are permitted, adding flexibility for investors or owners seeking supplemental income. A rare combination of frontage, lot count, views, and rental capability—this is a standout opportunity for buyers looking to create a legacy lake property or capitalize on the continued demand for Lake LBJ waterfront homes. *Buyer to verify square footage.
More than 200 feet of protected cove frontage is what makes 305 W Briar Dr stand out in a Lake LBJ market where usable waterfront and land size rarely line up this well. At 305 W Briar Dr in Granite Shoals, you get 1.5 acres, eight lots, a 3,545 square foot single-family residence, and direct waterfront in Granite Shoals, TX 78654 for $1.89M, or $533 per square foot.
This is a five-bedroom, four-bath layout built in 1970, and the footprint works for a full-time lake house, a multigenerational setup, or a rental-minded buyer who wants flexibility. The protected cove setting matters. It gives you calmer water, easier access for swimming and boating, and better day-to-day usability than many stretches of open shoreline. The two-slip boat house adds real function, not just a talking point, and the mature trees across the property create shaded outdoor space that is hard to replicate on newer waterfront lots.
The location in Granite Shoals puts you in one of Granite Shoals' established Lake LBJ pockets in Burnet County, where buyers tend to focus on frontage, privacy, and future upside. This property has all three. The lot count is a major part of the value story. Large, contiguous waterfront holdings in this part of Granite Shoals are limited, and that gives the next owner room to update, expand, improve outdoor living, or hold long term as Lake LBJ inventory stays tight.
For families, the home is served by Marble Falls ISD. Assigned schools include Highland Lake Elementary, Marble Falls Middle School, and Marble Falls High School. That district connection matters for both resale and everyday logistics, especially for buyers comparing Granite Shoals options against other lake communities with more fragmented school patterns. The address also keeps you tied to the amenities and employers of the Marble Falls corridor while still delivering the pace and privacy people want on the water.
At 30 days on market, 305 W Briar Dr sits in the zone where serious buyers start looking closely at what they can improve and what they cannot recreate. You can renovate interiors over time. You cannot manufacture 1.5 acres, protected cove frontage, and a two-slip boat house on Lake LBJ. That combination gives this property staying power as both a lifestyle asset and a long-term hold.
The numbers behind this insight
- Offered at
- $1,495,000
- Listed
- February 8, 2026
- Price changes
- 2, down 20.9% from $1,890,000
- Asking price per sq ft
- $422
- Property Type
- Residential
- Year Built
- 1970
- Lot Size
- 1.20 acres
- Price / Sq Ft
- $422
Listing information last updated July 26, 2026.
Listed by Fokus Waterfront
MLS# 6498710 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Microwave
- Free-Standing Electric Range
- Refrigerator
- Washer
- Dryer
- Electric Water Heater
- Carpet
- Laminate
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Boat Dock - Private
- Private Yard
- Hardi
- Plank Type
- Masonry – Partial
- Cul-De-Sac
- Public Maintained Road
- Many Trees
- Chain Link
- Slab
- Deck
- Screened
- Roof
- Metal
- Lot Size
- 1.20 Acres
- Lake Front
- Waterfront
Financial
- Original List Price
- $1,890,000
- Price per Sq Ft
- $422
Utilities
- Electricity Connected
- Propane
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 305 W Briar DR, whoever represented it.
- ActiveListed 2026Current price: $1,495,000Original list: $1,890,000MLS 6498710
- Listed · February 8, 2026$1,890,000
- Price changed · March 28, 2026$1,685,000
- Price changed · July 24, 2026$1,495,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,495,000
- Original list
- $1,890,000
- Price movement
- $395K reduction
- Listed / DOM
- Feb 8, 2026 · 255 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% ($299K)
Adjustable assumption - not a lending recommendation.
$1,495,000
Luxury property intelligence
Keenan Market Position
A sourced read on Granite Shoals pricing, timing, and property scale. No automated valuation claim.
List price
$1,495,000
Price per sqft
$422/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
255 days
Original to current
$395K reduction
$1.9M 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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