Enjoy space, flexibility, and lake living just steps from Lake LBJ! This beautifully updated 3-bedroom, 3-bath home with office/den sits on a rare 0.69-acre, six-lot property in Granite Shoals. With extra lots on both sides, there’s room for boats, RVs, and all your lake lifestyle toys—or even the option to sell off additional lots.
The home is thoughtfully upgraded with reverse osmosis filtration, a whole-house water softener, and an air purification system for added comfort. A large floored attic provides excellent storage. Walk to nearby waterfront parks and boat ramps, and enjoy community amenities like tennis courts, athletic fields, and scenic trails—all with no HOA. Just minutes from Marble Falls dining, shopping, and entertainment, and an easy drive to Austin or San Antonio, this property is perfect as a full-time home or weekend getaway. Properties with this much space and potential don’t come along often—don’t miss it!
Features of 139 E Cottonwood Dr
MLS® #
8171217
Price
$369,000
Bedrooms
3
Bathrooms
3.00
Full Baths
3
Square Footage
2,306
Acres
0.69
Year Built
1966
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Hills
Is Waterfront
No
Community Information: Granite Shoals
Address
139 E Cottonwood Dr
Area
BU
Subdivision
Live Oak
City
Granite Shoals
County
Burnet
State
TX
Zip Code
78654
Amenities of 139 E Cottonwood Dr
Utilities
Above Ground Utilities, Electricity Available, Natural Gas Not Available, Phone Available
Features
None
Parking
Attached, Garage, Garage Faces Front
# of Garages
2
Interior of 139 E Cottonwood Dr
Interior
Tile
Appliances
Built-In Oven, Dishwasher, Electric Cooktop, Electric Water Heater
Heating
Central, Electric
Fireplace
No
# of Fireplaces
1
Fireplaces
Family Room, Living Room
# of Stories
1
Stories
One
Exterior of 139 E Cottonwood Dr
Exterior Features
Boat Ramp, Private Yard, RV Hookup
Lot Description
Trees Large Size, Trees Medium Size
Roof
Composition
Construction
Masonry
Foundation
Slab
School Information
District
Marble Falls ISD
Elementary
Marble Falls
Middle
Marble Falls
High
Marble Falls
Additional Information On 139 E Cottonwood Dr
Days on Market
171
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $385,000 to $369,000
Price Reduced from $399,000 to $385,000
Price Reduced from $420,000 to $399,000
Price Reduced from $429,000 to $420,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: eXp Realty, LLC(512) 755-4560. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 25th, 2026 at 1:00am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
