








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 1612 Cheyenne Trl, Granbury, TX, 76048 uses $95,804 cash to close to unlock $791/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,415/mo payment keeps the spread at $66/mo. Purchase price stands at $289,000, and rental yield measures 8.94% with $2,154/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash records $104,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2024
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 |
|---|---|---|
| 2025-05-14 | Listed for sale | $289,000 |
| 2025-05-13 | Listing removed | $292,000 |
| 2025-02-25 | Price change | $292,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $419.70 | -1.45% | $35,000 | N/A |
| 2023-05-14 | $425.89 | 33.35% | $35,000 | 45.83% |
| 2022-05-14 | $319.37 | 76.35% | $24,000 | 100.00% |



Listed by: DeAnna King • Coldwell Banker Apex, REALTORS Cleburne
Mls Name: NTREIS
Mls ID: #20935910
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.