3 bed, 2 bath, 2,236 sqft on 0.14 acres in Granite Shoals. Granite Shoals, TX 78654. $798,000. Marble Falls ISD.
About This Home
HUGE PRICE CORRECTION! Waterfront living in a cost-efficient arrangement on beautiful Lake LBJ! This wonderful family lake home has been lovingly enjoyed fornearly 30 years, and it’s now ready for the next owners to create their own Hill Country memories. Located in a peaceful lakesideneighborhood, this spacious two-story home offers over 2,200 square feet of living space, providing plenty of room for family and guests.Featuring 3 bedrooms and 2 bathrooms, the home was originally built in 1968 and has stood the test of time as a comfortable lakeretreat. The downstairs level includes the living area, dining space, and open kitchen filled with natural light, along with one bedroom, afull bathroom, and a convenient stackable washer/dryer. Upstairs features a large living or game room area with flexible space forentertaining, additional dining, or relaxing after a day on the lake. Two additional bedrooms and a second bathroom complete the upperlevel. Step outside to enjoy the welcoming front and side porches and the relaxed atmosphere of this established neighborhood knownfor quiet streets and long-time residents. Just across quiet Clear Cove, you’ll find your private Lake LBJ waterfront lot complete with aboat slip, upper lounging deck, storage, and swim platform with ladder. Located on the cove side, the dock offers easy access to openwater with reduced wave action—perfect for swimming, boating, and lake fun. If you’re searching for an affordable Lake LBJ getaway orfamily retreat, 625 Deep Cove is ready for you!
Waterfront ownership on Lake LBJ at $1.05M is the clear draw at 625 Deep Cove Dr. In Granite Shoals, this property combines a 2,236 square foot single-family residence with a private waterfront component that gives buyers a practical entry into one of the Hill Country’s most durable lake markets. The home sits in Marble Falls, in Burnet County, within Marble Falls ISD, with Colt Elementary and Marble Falls High School in the stated school path.
The house was built in 1968 and offers 3 bedrooms and 2 bathrooms on a 0.1356 acre site. That scale matters. At $472 per square foot, buyers are looking at enough interior space to function as more than a weekend crash pad, with room for full-time use, extended stays, or hosting family and guests. The layout is useful: living, dining, kitchen, one bedroom, one full bath, and laundry on the lower level, then a large second living or game room upstairs with two additional bedrooms and the second bath. That separation gives the floor plan flexibility without requiring excess square footage.
The waterfront setup is what sharpens the value. The private Lake LBJ lot includes a boat slip, upper deck space, storage, and a swim platform with ladder. Its cove-side position supports easier swimming and day-to-day lake use because it benefits from reduced wave action while still offering access to open water. That distinction matters to buyers who plan to use the property regularly rather than simply hold a lake address. The home has also been held and enjoyed for nearly 30 years, which usually signals a property that worked well over time rather than one built around short-term appeal.
With just 1 day on market, this is the kind of offering buyers compare on function first: waterfront utility, flexible living space, established neighborhood setting, and a Marble Falls location that stays understandable and usable. For a buyer focused on Lake LBJ access, long-term family use, and sensible positioning at the $1.05M mark, 625 Deep Cove Dr offers a setup with staying power.
The numbers behind this insight
- Offered at
- $798,000
- Listed
- March 11, 2026
- Price changes
- 2, down 24.4% from $1,055,000
- Asking price per sq ft
- $357
- Property Type
- Residential
- Year Built
- 1968
- Lot Size
- 0.14 acres
- Price / Sq Ft
- $357
Listing information last updated October 4, 2026.
Listed by Zina & Co. Real Estate
MLS# 6137506 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Multiple Living Areas
- Stackable W
- D Connections
- Electric Range
- Refrigerator
- Electric Water Heater
- Laminate
- Cooling
- Wall/Window Unit(s)
Exterior & Lot
- Boat Dock - Private
- Wood Siding
- Few Trees
- Level
- Slab
- Covered
- Front Porch
- Roof
- Composition
- Lot Size
- 0.14 Acres
- Oversized
- Private
- Lake Front
Financial
- Original List Price
- $1,055,000
- Price per Sq Ft
- $357
Utilities
- Electricity Available
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 625 Deep Cove DR, whoever represented it.
- PendingListed 2026Current price: $798,000Original list: $1,055,000MLS 6137506
- Listed · March 11, 2026$1,055,000
- Price changed · May 18, 2026$965,000
- Price changed · September 1, 2026$798,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $798,000
- Original list
- $1,055,000
- Price movement
- $257K reduction
- Listed / DOM
- Mar 11, 2026 · 197 days
Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Colt
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% ($160K)
Adjustable assumption - not a lending recommendation.
$798,000
Luxury property intelligence
Keenan Market Position
A sourced read on Granite Shoals pricing, timing, and property scale. No automated valuation claim.
List price
$798,000
Price per sqft
$357/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
197 days
Original to current
$257K reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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