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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1511 Pecos Trail Ct, Granbury, TX, 76048 priced at $549,900 converts $2,154/mo rent into after a $2,691/mo obligation. Total monthly income equals $2,154/mo. Return on cash invested prints 8.2% in year one, and rental yield reads 4.7% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 41.3% and total cumulative return in cash sums $74,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 1984
3,484 sqft lot
$N/A/sqft
$390 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 |
|---|---|---|
| 2024-07-29 | Price change | $549,900 |
| 2024-07-19 | Listed for sale | $575,000 |
| 2020-09-16 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2539.24 | -16.84% | $425,070 | 42.30% |
| 2022-08-13 | $3053.60 | -7.13% | $298,710 | 26.58% |
| 2021-08-13 | $3288.01 | 121.18% | $235,980 | 68.96% |
Listed by: Jill Fochesato • CENTURY 21 Judge Fite
Mls Name: NTREIS
Mls ID: #20677046
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.
