








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 1214 Mallard Way, Granbury, TX, 76048 priced at $1,200,000 converts $2,490/mo rent into after a $5,873/mo obligation. Total monthly income equals $2,490/mo. Return on cash invested prints 1.67% in year one, and rental yield reads 2.49% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 6.18% and total cumulative return in cash sums $24,035. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,490/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.45 Acres lot
$N/A/sqft
$192 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $1,200,000 |
| 2010-09-19 | Listing removed | $469,000 |
| 2010-05-28 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $5323.46 | -0.26% | $1,014,800 | 7.06% |
| 2023-04-24 | $5337.13 | -33.45% | $947,880 | 18.01% |
| 2022-04-24 | $8020.05 | N/A | $803,230 | 36.20% |



Listed by: Kacey Huggins • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20876736
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.