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Homes for Sale in Forest Hills, Granite Shoals, TX

1 listing found

Forest Hills is a quiet community tucked into the rolling terrain of Burnet County, positioned within easy reach of Lake LBJ and the broader Highland Lakes corridor that defines this stretch of the Texas Hill Country. The area draws buyers looking for more elbow room than the developed resort towns along the lake provide, with a mix of available land, established residential homes, and income-producing properties spread across the original Forest Hills subdivision and its additions. Marble Falls serves as the nearest full-service hub for groceries, dining, and medical care, giving residents small-town convenience without sacrificing the sense of space that makes this part of Burnet County so appealing. Marble Falls ISD serves much of the area, making this a genuine option for buyers who want Hill Country living with school continuity. Neighborhoods | Schools | Market Overview | Lifestyle | Getting Around | FAQs

$546,750 Median Price
44 Avg Days on Market
2 Active Listings
2.4 Months of Inventory
For Sale For Rent Land Farms & Ranches
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3 bed, 2 bath, residential at 902 Sherwood Forest DR, Granite Shoals TX 78654, Granite Shoals TX For Sale 10 photos
$495,000
3 bd 2 ba 1,335 sqft
902 Sherwood Forest DR, Granite Shoals TX 78654 Granite Shoals, TX 78654
2 days on market 31.8 mi away

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Land at 0 Shady Forest Drive DR, Granite Shoals TX 78654, Granite Shoals TX Off Market
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Land at TBD Green Forest DR, Granite Shoals TX 78654, Granite Shoals TX Off Market
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About Forest Hills, TX Real Estate

Neighborhoods & Subdivisions in Forest Hills

Forest Hills in Burnet County is organized across two recorded subdivision platts: Forest Hills and Forest Hills A Add. The original Forest Hills subdivision covers the bulk of the community, with lots that reflect the area's rural roots and the natural topography of the Hill Country. Forest Hills A Add includes larger parcels that lend themselves to custom construction and more private settings. Both sections share the cedar and live oak cover that blankets most of this part of Burnet County, with the kind of natural screening between properties that buyers coming from more densely developed areas often find refreshing.

The Forest area encompasses Forest Hills and carries active listings across land, residential, and income property categories. Because raw land makes up a meaningful share of what comes to market here, this is a community where buyers with a build-your-own vision can still find opportunities. Infill lots within the existing plat give builders a legal framework that is already in place, which simplifies the permitting process compared to unplatted rural tracts further out in the county.

Schools Serving Forest Hills

Marble Falls ISD is the primary school district associated with Forest Hills and the surrounding Burnet County communities. Students in the district attend Marble Falls Elementary, Marble Falls Middle School, and Marble Falls High School. The district has grown alongside the Highland Lakes region and offers a range of academic and extracurricular programs supported by a community that has invested steadily in its schools over the past decade.

Some properties within or adjacent to Forest Hills may fall under Austin ISD or Killeen ISD depending on their precise location within the county. Austin ISD assignments in this zone have historically included Maplewood Elementary, Kealing Middle School, and McCallum High School. Killeen ISD serves portions of the area through Colt Elementary, Harker Heights Elementary, and Eastern Hills Middle School. School district boundaries in rural Texas counties can be irregular and sometimes shift at the property line level, so buyers should confirm the specific assignment for any address they are seriously considering by contacting the relevant district directly. Never assume district assignment based on proximity alone.

Real Estate Market Overview

The Forest Hills market reflects the layered nature of rural Burnet County real estate. Land, residential homes, and income-producing properties all coexist within the same subdivision boundaries, which gives the area a character distinct from the more homogenous neighborhoods you find in planned communities closer to Austin. Buyers come here from several directions: some are looking for a buildable lot in an established area, some want an existing home with room to breathe, and some are evaluating the Highland Lakes region for short-term rental income potential given the proximity to Lake LBJ and the tourism that surrounds it.

Residential homes in Forest Hills tend to sit on larger lots than what buyers find in more developed lake communities, and the overall density remains low. That combination of space and relative affordability compared to lakefront addresses is what keeps Burnet County communities like this one on the radar for buyers priced out of the primary resort markets. Buyers comparing options in this part of the county also look closely at Granite Shoals, the nearest incorporated city, which sits directly on Lake LBJ and offers its own active residential market. For a broader view of the region, browsing Austin area homes for sale puts Forest Hills in context alongside the full range of Central Texas communities.

New construction activity in Forest Hills is limited, with individual builders working infill lots rather than large-scale development. That keeps the community from feeling like a subdivision under construction while still giving buyers the option to build new on available land. Buyers interested in this path should account for well and septic requirements common to rural Burnet County lots, as municipal water and sewer service does not reach all areas within the subdivision.

Life Along the Highland Lakes

The Highland Lakes are the defining feature of life in this part of Texas, and Forest Hills sits close enough to Lake LBJ to make water recreation a regular part of the routine for residents who want it. Lake LBJ is a constant-level lake, meaning its water line does not fluctuate with rainfall and drought the way some Hill Country lakes do, which makes it one of the most reliable lakes in the chain for boating, swimming, and waterfront property ownership. Neighboring Granite Shoals has public lake access points and a small commercial strip that caters to lake visitors.

Marble Falls anchors the day-to-day life of residents across this part of Burnet County. The town has a genuine downtown along the Colorado River with local restaurants, a weekend farmers market, and the kind of community events that keep small Texas towns feeling alive rather than just functional. Johnson Park sits along the river and offers a popular spot for outdoor recreation within town limits. Beyond Marble Falls, Inks Lake State Park and Longhorn Cavern State Park are both within a short drive and offer hiking, paddling, and some of the most scenic Hill Country terrain in Central Texas.

The Hill Country calendar brings its own rhythm: bluebonnets and paintbrush in March and April draw visitors from across the state, summer brings peak lake traffic, and fall and winter offer quieter stretches that many residents consider the best time of year to enjoy the land. Buyers who are drawn to a seasonal pace of life tend to settle in well here.

Getting Around Forest Hills

Forest Hills is approximately 50 to 60 miles northwest of downtown Austin, which places it roughly an hour out under normal traffic conditions. The two most common routes into the city run south on US-281 through Marble Falls and Burnet toward the US-183 corridor, or east on Ranch Road 1431 from Marble Falls through Cedar Park to Loop 1 (MoPac). The RR 1431 route can experience heavy congestion through Cedar Park and Leander during peak hours, so buyers who commute regularly often time their trips to avoid those windows.

Burnet County has no public transit, and the rural road network means a personal vehicle is a requirement for daily life. Most buyers who choose Forest Hills are doing so with full awareness of the tradeoff between city proximity and the sense of space the Hill Country provides. Neuhaus Realty Group works regularly with buyers making the move from Austin to the Hill Country and can help you think through which communities in Burnet County best match your commute tolerance and lifestyle priorities.

Frequently Asked Questions

What school district serves Forest Hills in Burnet County?
Marble Falls ISD is the primary school district serving Forest Hills, with students attending Marble Falls Elementary, Marble Falls Middle School, and Marble Falls High School. Depending on a property's exact location within the county, some addresses may fall within Austin ISD or Killeen ISD instead. Always confirm school assignment directly with the district before purchasing.
How far is Forest Hills from downtown Austin?
Forest Hills is roughly 50 to 60 miles northwest of downtown Austin, which works out to about an hour of drive time under normal conditions. The most common routes are US-281 south through Marble Falls or RR 1431 east through Cedar Park. Many buyers in this area work remotely or commute only a few days per week, which makes the distance more manageable.
Is Forest Hills close to a lake?
Yes. Forest Hills sits in Burnet County within easy reach of Lake LBJ, which is part of the Highland Lakes chain and one of the most popular lakes in the region because it maintains a constant water level year-round. The neighboring city of Granite Shoals sits directly on Lake LBJ and is the closest community for buyers prioritizing direct lake access.
What types of properties are available in Forest Hills?
Forest Hills offers a mix of raw land, residential homes, and residential income properties. Land buyers will find platted lots suited for custom construction, while existing homes typically sit on larger lots with more outdoor space than you find in more urban parts of the Austin metro. Income properties appear in the market from time to time, reflecting the area's proximity to the Highland Lakes tourism corridor.
Do properties in Forest Hills have HOA fees?
Most properties in Forest Hills are within older subdivision platts that were recorded without mandatory homeowner associations, so many buyers will not encounter HOA dues or enforcement structures common to newer master-planned communities. Individual properties may still carry deed restrictions, however, so reviewing the title commitment thoroughly before purchase is important regardless of HOA status.
How do property taxes work in Burnet County?
Burnet County property tax rates are generally competitive with other Hill Country counties and tend to run lower than Travis County rates. A property's total tax bill combines county, school district, city (if applicable), and any applicable special district levies. Buyers should request a specific tax estimate for any property they are considering, as rates vary based on school district assignment and location.
How does Forest Hills compare to Granite Shoals?
Granite Shoals is an incorporated city on Lake LBJ with an established residential base and direct waterfront access in parts of the community. Forest Hills is less developed and more rural in character, with more available land and a quieter setting. Buyers who prioritize proximity to water and a more established community often look at Granite Shoals, while those wanting more space and rural character tend to gravitate toward Forest Hills.
Is new construction available in Forest Hills?
New construction in Forest Hills is limited but present, with individual builders working available infill lots within the existing subdivision plat. This is not a large-scale master-planned development situation, so buyers interested in building should work with an agent familiar with Burnet County permitting. Many lots in rural Burnet County require private well and septic systems rather than municipal utility connections, which affects both cost and timeline for new builds.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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