








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Granbury at 1202 Canvasback Dr, Granbury, TX, 76048 offers a 8.51% rental yield on a $649,900 purchase with $4,610/mo rent. 93% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 104.13% and total cumulative return in cash at $222,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,610/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
2,770 sqft lot
$N/A/sqft
$149 annually HOA
Neighborhood data shown for ZIP Code: 76048, Granbury, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,104 (100%) |
| Owner Occupied HU | 8,556 (60.7%) |
| Renter Occupied HU | 3,550 (25.2%) |
| Vacant Housing Units | 1,998 (14.2%) |
| Median Home Value | $325,457 |
| Average Home Value | $424,077 |
Residential
13,237
Single Family
11,571
Multi-Family
1,666
Businesses
1,306
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Price change | $649,900 |
| 2024-07-18 | Price change | $699,000 |
| 2024-07-01 | Price change | $714,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4751.56 | -26.59% | $662,020 | 27.51% |
| 2022-08-13 | $6472.94 | -4.15% | $519,210 | 35.41% |
| 2021-08-13 | $6753.04 | -5.23% | $383,430 | 3.92% |



Listed by: DeAnna Herrin • Independent Realty
Mls Name: NTREIS
Mls ID: #20643679
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.