








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 2312 Neches St, Granbury, TX, 76048 priced at $315,000 pairs $2,273/mo rent with $7/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,273/mo, and annual cash flow comes to $85/yr on $104,423 invested. Return on cash invested is 19.99% in year one, and rental yield stands at 8.66% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 104.64% and total cumulative return in cash reaches $109,265. For financing, Ziffy Mortgage’s DSCR program evaluates $2,273/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
2,178 sqft lot
$N/A/sqft
$154 semi-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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $315,000 |
| 2023-03-03 | Sold | N/A |
| 2023-01-16 | Pending sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $3254.63 | -2.31% | $271,410 | -0.87% |
| 2023-04-30 | $3331.66 | 1290.92% | $273,800 | 1421.11% |
| 2022-04-30 | $239.53 | 76.35% | $18,000 | 100.00% |



Listed by: Lacy McMillan • DONAHO REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20915274
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.