








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 215 S Lambert St, Granbury, TX, 76048 priced at $495,000 pairs $2,108/mo rent with after a $2,423/mo payment. Total monthly income equals $2,108/mo. Return on cash invested is 9.58% in year one, and rental yield stands at 5.11% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 48.67% and total cumulative return in cash reaches $79,858. For financing, Ziffy Mortgage’s DSCR program evaluates $2,108/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1932
0.35 Acres 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 |
|---|---|---|
| 2025-06-30 | Price change | $495,000 |
| 2025-06-13 | Price change | $500,000 |
| 2025-05-12 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $2404.95 | 10.42% | $335,000 | 33.00% |
| 2023-07-01 | $2177.98 | -16.93% | $251,880 | 19.57% |
| 2022-07-01 | $2621.80 | -5.43% | $210,660 | 31.15% |



Listed by: Cherelle Mcknight • Asay Group Real Estate
Mls Name: NTREIS
Mls ID: #20925279
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.