128 E Castlewood Drive, Marble Falls, TX 78654
Granite Castle · Burnet County
Key Facts
Description
Enjoy the Lake LBJ lifestyle without the waterfront price tag at this custom 1-bedroom, 1-bath barndominium located in Granite Shoals, Texas, within walking distance of Lake LBJ and several waterfront parks, including Castleshoals Park. Nestled in one of the Texas Hill Country's most desirable lake communities, this beautifully maintained property offers low-maintenance living with convenient access to boating, fishing, kayaking, swimming, and year-round waterfront recreation. Inside, the open-concept design features custom cabinetry, tile countertops, a gas stove, and abundant storage throughout. The spacious primary bedroom provides a comfortable retreat, while the covered front porch and outdoor gathering area create the perfect setting for entertaining or relaxing after a day on the lake. Additional improvements include covered parking, covered storage areas, and a two-car covered carport. Whether you're searching for a full-time residence, weekend getaway, retirement retreat, Airbnb opportunity, or investment property, this unique Granite Shoals barndominium offers an affordable way to enjoy one of Texas' most sought-after lake communities near Lake LBJ in the heart of the Texas Hill Country. Airbnb/short term rental opportunity, or investment property (buyer to independently verify all local permitting requirements, ordinances, and Hotel Occupancy Tax obligations with Granite Shoals/Burnet County).
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Barndominium
Year Built
1992
Living Area
1,007 sq ft
Lot Size
0.34 acres
Days on Market
16
MLS® Listing#
617109
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Foundation
Roof
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Colt Elementary
- Middle:
- Marble Falls Middle School
- High:
- Marble Falls High School
Financial Details
HOA
None
Annual Taxes
$2,974
Tax year 2026
Parcel Number
16303
Directions
From 1431 in Granite Shoals turn left onto Phillips Ranch Road, continue down to Castlewood Drive on left, home is on the right side
Affordability Calculator
$43,000
Estimated monthly payment
$1,144/mo
Principal $172,000 · Est. interest $239,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Marble Falls, TX
- $410,345
- Median Listing Price
- 69
- Median Days on Market
- 1,899
- Median Sq Ft
- $207
- Median Price / Sq Ft
- 203
- Active Listings
- This home’s price is 48% below the area median.
- Its price per sq ft is 3% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Marble Falls, TX.
Location
Points of Interest in Marble Falls, TX
Showing the Marble Falls area map.
Nearby Schools
Highland Lakes Head Start
School · 1.2 mi away
Packsaddle Elementary
Elementary · 5.6 mi away
Marble Falls Elementary School
Elementary · 5.6 mi away
St. Peter's Lutheran School
School · 5.9 mi away
Marble Falls Middle School
Secondary · 6.1 mi away
Kingsland School Texas
School · 6.2 mi away
Marble Falls Isd
School · 6.3 mi away
Tierra Vista Montessori School
Elementary · 6.6 mi away
First Baptist Elementary School of Marble Falls
Elementary · 6.7 mi away
First Baptist Christian School
School · 6.8 mi away
Marble Falls High School
Secondary · 7.6 mi away
Colt Elementary School
Elementary · 8.3 mi away
Faith Academy of Marble Falls
School · 9.1 mi away
Bcisd Parent Resource Center
School · 14.7 mi away
Burnet Consolidated Independent School District
School · 14.7 mi away
Quest High School
Secondary · 15.0 mi away
33rd & 424th Judicial District Intermediate Sanction Facility
School · 15.0 mi away
Burnet Middle School
Secondary · 15.2 mi away
R J Richey Elementary School
Elementary · 15.3 mi away
Shady Grove Elementary
Elementary · 15.6 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Marble Falls
Listing Courtesy: Kim Hill Real Estate Group - (254) 277-1820