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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1204 Carmel Ct, Granbury, TX, 76048 with 5% annual appreciation on a $1,750,000 basis while $7,620/mo rent supports operations. 02% in year one. Equity gained on principal adds $11,292/yr, and five-year appreciation sums $483,493 alongside rental yield of 5.23%. Five-year ROI measures 51% and total cumulative return in cash totals $289,173. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,620/mo property income versus a $8,565/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
9,757 sqft lot
$N/A/sqft
$800 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 |
|---|---|---|
| 2024-07-29 | Listed for sale | $1,750,000 |
| 2017-02-01 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $6384.11 | -28.54% | $1,013,350 | -8.98% |
| 2022-08-13 | $8934.01 | -0.16% | $1,113,370 | 93.46% |
| 2021-08-13 | $8948.67 | -0.03% | $575,500 | 5.59% |
Listed by: Jacque Gordon • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20687239
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.
