








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


Rental property for sale in Granbury at 1208 Red Bird Ln, Granbury, TX, 76048 offers $2,866/mo rent that, after a $1,468/mo payment, leaves $733/mo cash flow. Total monthly income is $2,866/mo, and annual cash flow is $8,796/yr on $99,450 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 11.46% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 151.47% and total cumulative return in cash reaches $150,636. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,866/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
3,049 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-06 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $3216.78 | 9.59% | $273,900 | -9.74% |
| 2023-05-06 | $2935.17 | -12.57% | $303,440 | 29.90% |
| 2022-05-06 | $3357.09 | -4.44% | $233,590 | 16.98% |



Listed by: Mickey Parson • Parson Properties
Mls Name: NTREIS
Mls ID: #20925161
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