








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 1228 Waterview Rd, Granbury, TX, 76048 listed at $900,000 pairs $2,546/mo rent with a $4,405/mo payment. Total monthly income runs $2,546/mo. Return on cash invested measures 4.39% in year one, and rental yield registers 3.39% at a $900,000 basis. Equity gained on principal adds $5,808/yr, and annual property appreciation at 5% supports $248,653 by year five. Five-year ROI tracks 20.83% and total cumulative return in cash totals $61,680. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,546/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
3,811 sqft lot
$N/A/sqft
$150 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $900,000 |
| 2017-06-05 | Listing removed | $299,000 |
| 2017-04-17 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $3285.10 | -2.94% | $894,760 | -1.55% |
| 2023-04-23 | $3384.60 | -39.96% | $908,840 | 52.16% |
| 2022-04-23 | $5636.97 | -2.88% | $597,310 | 33.53% |



Listed by: Terri Garner • Legacy Luxury Group, LLC
Mls Name: NTREIS
Mls ID: #20910672
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.