
Own your slice of Texas with this rare opportunity in Granite Shoals. Three contiguous lots, each measuring 0.11 acres, combine to create 0.346 acres of undeveloped land, offering flexibility and space to bring your vision to life. Whether you’re dreaming of a custom home, weekend retreat, or long-term investment, this property delivers the freedom that comes with true land ownership in the Texas Hill Country. Much of the groundwork has already been done for you. Electricity is available at the street, a new survey is on hand, and the property includes septic plans, a site survey for septic placement, and construction plans, helping streamline the path from idea to build. Nestled in a community known for its relaxed lakeside lifestyle, you’ll enjoy the peace of owning land while still being close to Lake LBJ, parks, and local amenities. Land like this — prepared, flexible, and well-located — is becoming harder to find. This is your chance to claim a piece of Texas and create something truly your own.
Property Type
Land
Lot Size
0.35 acres
Listed by Thrive Realty
Property Details
Lot Features
Waterfront
Verified property facts
Lot 398 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.
Lot 398 is listed by Thrive Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Aug 21, 2026.
With 20% down ($7,600) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 398 is around $267 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
As of Aug 21, 2026, Lot 398 is offered at $38,000. The current MLS snapshot shows 180 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
2 records on file
Every recorded sale and lease at Lot 398, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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% ($8K)
$38,000
Luxury property intelligence
A sourced read on Sherwood Shores Greenbriar Section pricing, timing, and property scale. No automated valuation claim.
List price
$38,000
Price per sqft
Not available
Vs. Sherwood Shores Greenbriar Section median
Not available
Days on market
9 days
Original to current
$5K reduction
$43K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 21, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
Lot 398 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Active listings near Lot 398
Recent sales for market context