








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 2504 Waters Edge Dr, Granbury, TX, 76048 at $749,000 posts ROI 10.08% with from $3,290/mo rent. Total monthly income equals $3,290/mo. Return on cash invested measures 10.08% and rental yield reads 5.27% at the current $749,000. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 by year five. Five-year ROI prints 51.34% and total cumulative return in cash totals $126,520. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,290/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
8,781 sqft lot
$N/A/sqft
$160 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 |
|---|---|---|
| 2025-02-07 | Price change | $749,000 |
| 2025-01-12 | Listed for sale | $799,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3510.13 | -0.20% | $698,820 | 5.58% |
| 2023-02-12 | $3517.28 | -35.91% | $661,910 | 40.21% |
| 2022-02-12 | $5487.61 | -0.04% | $472,080 | 29.06% |



Listed by: Steve Fortner • RE/MAX Lake Granbury
Mls Name: NTREIS
Mls ID: #20812582
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.