
4 bed, 3 bath, 2,974 sqft on 0.00 acres in Granite Shoals. Granite Shoals, TX 78654. $1,490,000. Marble Falls ISD.
Exceptional south-facing Lake LBJ waterfront home with 80’ of open water frontage, offering stunning views, calm waters, no HOA, and strong short-term rental income potential. This fully furnished, turn-key property is ready to generate revenue from day one or serve as the perfect personal lake retreat. Featuring 4 bedrooms and 4.5 baths, the home is designed for hosting with an open-concept layout, multiple living areas, and a spacious game room. The gourmet kitchen includes granite countertops, double ovens, and ample dining space—ideal for large groups and entertaining. Outdoors, enjoy a private boat dock with slip and jet ski ramps, expansive seating areas, fire pit, and a large fenced yard—perfect for maximizing guest experience and rental appeal. Located in a prime Hill Country setting near Marble Falls, this property combines luxury lake living with proven Airbnb/VRBO potential, making it an ideal income-producing investment or second home.
The view across Lake LBJ is the defining feature of 600 Deep Cove Drive in Granite Shoals - 80 feet of south-facing waterfront that delivers unobstructed panoramic water vistas from nearly every room in this 2,974 square foot home. The house is positioned specifically to maximize those sightlines, with the open-concept layout and multiple living areas oriented toward the water like the entire structure exists to frame that scenery.
The windows are engineered for this view. Large glass panels throughout the main living spaces capture the lake's constant play of light and water movement. From the primary bedroom on the main floor, you wake to that expanse. The wet bar overlooks it while you entertain. Even the kitchen, outfitted with granite countertops, double ovens, and a built-in electric cooktop, faces outward rather than inward - the lake is your backdrop while you cook.
The deck extends that living experience outdoors. A shared boat dock with slip and jet ski ramps puts watercraft access immediate and effortless. The balcony and expansive seating areas create zones for morning coffee with the view, afternoon entertaining, or simply watching the water respond to weather changes throughout the day. This is the lifestyle Lake LBJ waterfront living promises - the water isn't background, it's the primary amenity.
At 600 Deep Cove Drive, you're in Granite Shoals subdivision within Granite Shoals, served by Marble Falls ISD. Highland Lake Elementary, Marble Falls Middle, and Marble Falls High School anchor the area's educational foundation. There's no HOA, which means freedom in how you use the property - whether as a personal retreat or as a short-term rental income generator with documented Airbnb and VRBO potential. The 4 bedrooms and 4.5 baths support both uses. The fully furnished, turn-key condition means immediate revenue potential or immediate enjoyment.
This 1987-built home on a compact 0.002-acre lot demonstrates how thoughtful orientation and water access can make the difference. At $1.85M, or $622 per square foot, the waterfront frontage and 80-foot lake exposure drive the value proposition. For Hill Country buyers prioritizing water views and active lake lifestyle, those panoramic vistas across Lake LBJ make this property's orientation toward the water far more valuable than the raw footage alone would suggest.
Verified property facts
600 Deep Cove DR is listed at $1,490,000 with 4 bedrooms, 3 full, 1 half bathrooms, 2,974 square feet, 0.00-acre lot. This places it above the ZIP 78654 single-family closed-sale median price of $1,325,000 (ZIP 78654 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
600 Deep Cove DR is zoned for Marble Falls ISD with assigned schools: Highland Lake (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
600 Deep Cove DR is a Residential built in 1987 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,974 square feet, 0.00-acre lot.
600 Deep Cove DR is listed by Horseshoe Bay Living 2, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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1 record on file
Every recorded listing, sale, and lease at 600 Deep Cove DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Marble Falls ISD
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% ($298K)
Adjustable assumption - not a lending recommendation.
$1,490,000
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List price
$1,490,000
Price per sqft
$501/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
189 days
Original to current
$360K reduction
$1.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 600 Deep Cove DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 600 Deep Cove DR is offered at $1,490,000. The current MLS snapshot shows 185 active listings in 78654. Keenan Group has completed 1 verified transactions in 78654 within its 1,000+ completed transactions and $1B+ career volume across Austin.
600 Deep Cove DR was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 600 Deep Cove DR as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
3 events on record
Current Price
$1,490,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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