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    508 Sherwood Forest Drive, Granite Shoals, TX 78654

    2beds
    2,128sqft
    Single Family Residence, Residential
    Built in 1980
    0.4 Acres Lot
    $111,970,900 Zestimate®
    $--/sqft
    $2,235 Estimated rent

    Home value

    $111,970,900

    $96.29M - $131.01M

    $2,235/mo

    Zestimate® history
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    What's special

    Southeast-facing waterfront homeFlexible living spaceGenerous room sizes
    Welcome to 508 Sherwood Forest, a thoughtfully designed southeast-facing waterfront home offering comfort, flexibility, and excellent lake access. Situated on three combined lots with approximately 150 feet of channel/cove-protected waterfront, this property provides a rare blend of privacy, usability, and investment potential. Short-term rentals are allowed, making it well suited for both personal enjoyment and income opportunities. The home features 2 bedrooms and 2 bathrooms, with a spacious loft that functions well as a third sleeping area or bonus room. With 2,128 square feet, the open-concept floor plan creates a natural flow between the kitchen, dining, and living areas, ideal for everyday living and entertaining. Two bedrooms are conveniently located on the main level, offering practical, accessible living. Built in 1980, the residence offers generous room sizes and a layout that balances openness with privacy. Outdoor living is highlighted by a back patio overlooking the calm, protected cove—perfect for relaxing, entertaining, or enjoying peaceful lake views. A private boat slip provides easy access to the water, while the two-car garage adds functionality and storage. Located in a quiet, established setting, this property presents a unique opportunity to own a southeast-facing, cove-protected waterfront home with substantial frontage, flexible living space, and strong recreational and rental appeal.Will copy and paste that now

    Zillow last checked:

    Listing updated:

    Listed by:

    Kale G Stephens 512-550-3624,

    Horseshoe Bay Living 2, LLC

    Bought with:

    Courage Criddle, 0759303

    Kuper Sotheby's Int'l Realty

    Source: HLMLS as distributed by MLS GRID,MLS#: 176348MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Washer Hookup, Cooktop, Wall Oven
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,128
    • Total interior livable area: 2,128 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • On waterfront: Yes
    • Waterfront features: Channel, Yes/Other
    • Frontage length: 150
    Lot
    • Size: 0.4 Acres
    • Dimensions: 150 x 133
    Details
    • Parcel number: 015028
    • Zoning: Res
    • Special conditions: Short Sale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Septic Tank
    Green energy
    • Energy efficient items: Ceiling Fan(s)

    Community & HOA

    Community
    • Subdivision: Forest Hills
    HOA
    • Has HOA: No
    Location
    • Region: Granite Shls

    Financial & listing details

    • Tax assessed value: $1,575,000
    • Date on market: 2/2/2026

    Price history

    DateEventPrice
    3/13/2026Sold--
    Source: HLMLS as distributed by MLS GRID #176348 Report a problem
    2/2/2026Listed for sale$1,130,000$531/sqft
    Source: HLMLS as distributed by MLS GRID #176348 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,279,789 +20%
    2024$19,341 +4.6%$1,066,491 +1.2%
    2023$18,493 +17.3%$1,053,473 +35.3%
    2022$15,761 +39.7%$778,880 +46.4%
    2021$11,280 $532,111 +13.5%
    2020-- $468,913 -0.3%
    2019$10,132 $470,396 +12.6%
    2017-- $417,715 +1.8%
    2016-- $410,486 +5.5%
    2015-- $389,067 +3.5%
    2014-- $375,783
    2012-- $375,783 +0.4%
    2011-- $374,433
    2010-- $374,433
    2009-- $374,433 +24.4%
    2008-- $300,933 +19%
    2007-- $252,933
    Find assessor info on the county website

    Neighborhood: 78654

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $111,970,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $111,970,900