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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 2005 Turnbury Ct, Granbury, TX, 76048 priced at $739,900 converts $3,848/mo rent into after a $3,621/mo obligation. Total monthly income equals $3,848/mo. Return on cash invested prints 12.45% in year one, and rental yield reads 6.24% against a $739,900 entry. Equity gained on principal adds $4,774/yr, while 5% annual appreciation compiles into $204,421 by year five. Five-year ROI reaches 64.25% and total cumulative return in cash sums $156,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,848/mo property income covering a $3,621/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.31 Acres lot
$N/A/sqft
$1,580 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 |
|---|---|---|
| 2025-02-06 | Price change | $739,900 |
| 2024-11-01 | Listed for sale | $749,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4855.33 | -2.01% | $636,470 | -4.19% |
| 2023-02-12 | $4954.98 | -30.20% | $664,310 | 14.33% |
| 2022-02-12 | $7098.41 | -0.93% | $581,040 | 29.72% |
Listed by: Steve Fortner • RE/MAX Lake Granbury
Mls Name: NTREIS
Mls ID: #20766385
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.
