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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% |
Investment property for sale in Granbury at 2406 River Rd, Granbury, TX, 76048 at $1,200,000 posts ROI 4.8% with from $3,500/mo rent. Total monthly income equals $3,500/mo. Return on cash invested measures 4.8% and rental yield reads 3.5% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 22.96% and total cumulative return in cash totals $89,267. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
10,846 sqft lot
$N/A/sqft
$150 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 | $1,200,000 |
| 2019-08-22 | Sold | N/A |
| 2019-08-12 | Pending sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $15445.54 | -14.73% | $975,000 | -13.78% |
| 2023-04-30 | $18113.57 | 12.65% | $1,130,810 | 20.31% |
| 2022-04-30 | $16079.65 | 37.45% | $939,930 | 52.35% |
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Listed by: Steve Fortner • RE/MAX Lake Granbury
Mls Name: NTREIS
Mls ID: #20919695
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.
