








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 388 Paddle Boat Dr, Granbury, TX, 76049 listed at $415,000 pairs $3,383/mo rent with a $2,031/mo payment to leave $353/mo cash flow. Total monthly income runs $3,383/mo, and annual cash flow reaches $4,235/yr on $137,573 cash to close. Return on cash invested measures 22.99% in year one, and rental yield registers 9.78% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 120.8% and total cumulative return in cash totals $166,185. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,383/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$950 annually HOA
Neighborhood data shown for ZIP Code: 76049, Granbury, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,626 (100%) |
| Owner Occupied HU | 11,149 (76.2%) |
| Renter Occupied HU | 2,044 (14.0%) |
| Vacant Housing Units | 1,433 ( 9.8%) |
| Median Home Value | $376,010 |
| Average Home Value | $441,543 |
Residential
14,356
Single Family
14,303
Multi-Family
53
Businesses
953
Date | Event | Price |
|---|---|---|
| 2025-09-13 | Listed for sale | $415,000 |
| 2025-03-10 | Sold | N/A |
| 2025-02-20 | Pending sale | $440,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-14 | $316.84 | -1.10% | $20,000 | N/A |
| 2023-09-14 | $320.37 | N/A | $20,000 | N/A |



Listed by: Tara Marion • Winston Properties, LLC
Mls Name: NTREIS
Mls ID: #21057529
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