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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% |
Rental property for sale in Granbury at 301 Azalea, Granbury, TX, 76048 priced at $214,490 converts $2,490/mo rent into $898/mo cash flow after a $1,050/mo obligation. Total monthly income equals $2,490/mo, and annual cash flow totals $10,775/yr on $71,103 invested. Return on cash invested prints 35.06% in year one, and rental yield reads 13.93% against a $214,490 entry. Equity gained on principal adds $1,384/yr, while 5% annual appreciation compiles into $59,260 by year five. Five-year ROI reaches 185.71% and total cumulative return in cash sums $132,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,490/mo property income covering a $1,050/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$200 quarterly 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 |
|---|---|---|
| 2024-12-23 | Price change | $214,490 |
| 2024-12-04 | Price change | $226,490 |
| 2024-11-19 | Listed for sale | $229,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $170.88 | -1.45% | $14,250 | N/A |
| 2023-12-27 | $173.39 | 55.10% | $14,250 | 69.64% |
| 2022-12-27 | $111.79 | 146.89% | $8,400 | 180.00% |
Listed by: Rocio Contreras • Jason Mitchell Real Estate
Mls Name: NTREIS
Mls ID: #20776775
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.
