








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 1302 Joshua Way, Granbury, TX, 76048 at $580,000 posts ROI 35.94% with $2,526/mo cash flow from $6,686/mo rent. Total monthly income equals $6,686/mo, and annual cash flow records $30,311/yr on $190,820 to close. Return on cash invested measures 35.94% and rental yield reads 13.83% at the current $580,000. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 by year five. Five-year ROI prints 190.09% and total cumulative return in cash totals $362,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,686/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
0.26 Acres lot
$N/A/sqft
$425 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 |
|---|---|---|
| 2025-06-19 | Listed for sale | $580,000 |
| 2024-09-14 | Listing removed | $580,000 |
| 2024-09-04 | Price change | $580,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $6739.23 | 8.34% | $551,730 | 7.31% |
| 2023-07-01 | $6220.50 | -4.99% | $514,160 | 7.35% |
| 2022-07-01 | $6546.93 | -0.08% | $478,960 | 38.60% |



Listed by: Ken Hackett • Waters Edge
Mls Name: NTREIS
Mls ID: #20953646
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.