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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 presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($8,600) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 398 is around $302 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $43,000, Lot 398 is in the Sherwood Shores Greenbriar Section market where there are currently 187 active listings in 78654. The Keenan Group has completed 1 transactions in 78654 as part of 1,000+ career sales totaling $1B+ 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
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% ($9K)
$43,000
Luxury property intelligence
A sourced read on Sherwood Shores Greenbriar Section pricing, timing, and property scale. No automated valuation claim.
List price
$43,000
Price per sqft
Not available
Vs. Sherwood Shores Greenbriar Section median
Not available
Days on market
116 days
Original to current
$4K reduction
$47K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 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
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Sherwood Shores Greenbriar Section
Active listings near Lot 398
Recent sales for market context