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.
For sale
Price cut: $160K (7/22)
$1,490,000
600 Deep Cove, Granite Shoals, TX 78654
4beds
3,198sqft
:
Get pre-qualified$9,750/mo
Single Family Residence, Residential
Built in 1987
0.36 Acres Lot
$1,393,900 Zestimate®
$466/sqft
$-- HOA
What's special
Expansive seating areasLarge fenced yardFully furnished turn-key propertyGranite countertopsStunning viewsAmple dining spaceSpacious game room
- 124 days |
- 463 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Kale G Stephens 512-550-3624,
Horseshoe Bay Living 2, LLC
Source: HLMLS as distributed by MLS GRID,MLS#: 177173
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room, Kitchen, Living Room, Storage Room, Main Level Master Bdrm
Heating
- Central, Electric
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer Hookup, Electric Water Heater, Cooktop
Features
- Breakfast Bar, Crown Molding, No Steps to Entry
- Flooring: Tile, Bamboo
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total structure area: 3,198
- Total interior livable area: 3,198 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Attached Garage
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Has view: Yes
- View description: Hill Country, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Cove, Lake LBJ
- Frontage length: 80
Lot
- Size: 0.36 Acres
Details
- Parcel number: 010003
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Clear Cv/Shrwd
HOA
- Has HOA: No
Location
- Region: Marble Falls
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $1,710,711
- Date on market: 3/26/2026
- Road surface type: Paved
Estimated market value
$1,393,900
$1.32M - $1.46M
$3,875/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $1,490,000-9.7%$466/sqft |
Source:  HLMLS as distributed by MLS GRID #177173 Report a problem | ||
| 5/21/2026 | Price change | $1,650,000-10.8%$516/sqft |
Source: HLMLS as distributed by MLS GRID #177173 Report a problem | ||
| 4/20/2026 | Listing removed | $13,358$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2026 | Price change | $13,358-0.2%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $13,383$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2026 | Listed for sale | $1,850,000+61%$578/sqft |
Source: HLMLS as distributed by MLS GRID #177173 Report a problem | ||
| 12/29/2020 | Sold | -- |
Source: HLMLS as distributed by MLS GRID #153737 Report a problem | ||
| 10/5/2020 | Pending sale | $1,149,000$359/sqft |
Source: Trammell & Associates LLC #153737 Report a problem | ||
| 10/1/2020 | Listed for sale | $1,149,000+14.9%$359/sqft |
Source: Trammell & Associates LLC #153737 Report a problem | ||
| 8/16/2018 | Listing removed | $999,999$313/sqft |
Source: Trammell & Associates, LLC #2097806 Report a problem | ||
| 8/2/2018 | Price change | $999,999+0.2%$313/sqft |
Source: Trammell & Associates, LLC #2097806 Report a problem | ||
| 7/2/2018 | Listed for sale | $998,000$312/sqft |
Source: Trammell & Associates LLC #143387 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,710,711 |
| 2024 | $31,024 +3.3% | $1,710,711 |
| 2023 | $30,030 +15.9% | $1,710,711 +33.6% |
| 2022 | $25,902 +15.2% | $1,280,036 +20.7% |
| 2021 | $22,482 | $1,060,561 +12.4% |
| 2020 | -- | $943,891 -0.8% |
| 2019 | $20,985 | $951,640 +22.2% |
| 2017 | -- | $778,802 +5.1% |
| 2016 | -- | $741,241 |
| 2015 | -- | $741,241 +12.9% |
| 2014 | -- | $656,664 +13.1% |
| 2012 | -- | $580,804 |
| 2011 | -- | $580,804 |
| 2010 | -- | $580,804 |
| 2009 | -- | $580,804 +15% |
| 2008 | -- | $505,204 +23.9% |
| 2007 | -- | $407,882 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78654
Nearby schools
GreatSchools rating
- 3/10Highland Lakes Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Marble Falls Middle SchoolGrades: 6-8Distance: 5.8 mi
- 4/10Marble Falls High SchoolGrades: 9-12Distance: 7.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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