Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2323 Steepleridge Cir, Granbury, TX, 76048 priced at $399,000 converts $2,450/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,450/mo. Return on cash invested prints 15.86% in year one, and rental yield reads 7.37% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 82.53% and total cumulative return in cash sums $109,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,450/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.71 Acres lot
$N/A/sqft
$59 monthly 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 |
|---|---|---|
| 2025-03-12 | Listed for sale | $399,000 |
| 2020-12-31 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $4229.90 | -2.22% | $352,740 | -0.78% |
| 2023-03-12 | $4326.05 | 3.71% | $355,520 | 13.42% |
| 2022-03-12 | $4171.17 | 11.51% | $313,450 | 26.46% |
Listed by: Kari Hill • Elevate Realty Group
Mls Name: NTREIS
Mls ID: #20866105
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.
