



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 1521 Misty Meadow Dr, Granbury, TX, 76048 generates $2,140/mo in rent and, after a $1,150/mo payment, leaves $457/mo in cash flow. Total monthly income is $2,140/mo, and annual cash flow is $5,481/yr on $77,903 invested. Return on cash invested sits at 26.94% in year one, and rental yield is 10.93% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 141.86% and total cumulative return in cash sums $110,512. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
2,178 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $235,000 |
| 2019-07-17 | Listing removed | $168,000 |
| 2019-06-13 | Pending sale | $168,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $4049.59 | -2.46% | $255,630 | -1.38% |
| 2023-05-02 | $4151.93 | 19.27% | $259,200 | 27.38% |
| 2022-05-02 | $3480.99 | 5.87% | $203,480 | 17.35% |



Listed by: Jordan Holley • Wethington Agency
Mls Name: NTREIS
Mls ID: #20923935
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.