








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 1307 3rd St, Granbury, TX, 76048 uses $101,108 cash to close to unlock $1,127/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $2,263/mo, and a $1,493/mo payment keeps the spread at $94/mo. Purchase price stands at $305,000, and rental yield measures 8.9% with $2,263/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 110.02% and total cumulative return in cash records $111,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,263/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1979
4,356 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 | $305,000 |
| 2022-08-19 | Sold | N/A |
| 2022-08-08 | Pending sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $4215.13 | -1.87% | $266,080 | -0.78% |
| 2023-05-06 | $4295.60 | 78.93% | $268,170 | 9.31% |
| 2022-05-06 | $2400.77 | N/A | $245,330 | 24.23% |



Listed by: Mickey Parson • Parson Properties
Mls Name: NTREIS
Mls ID: #20925489
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.