








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 401 E Pearl St APT 2306, Granbury, TX, 76048 earns from $1,778/mo rent with a $1,224/mo payment. Total monthly income totals $1,778/mo. ROI tracks 14.09% on current figures, and rental yield reads 8.53% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 74.93% and total cumulative return in cash sums $62,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,778/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$402 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $250,000 |
| 2023-07-26 | Sold | N/A |
| 2023-07-13 | Contingent | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $3366.01 | 16.99% | $212,480 | 18.29% |
| 2023-04-11 | $2877.19 | 25.93% | $179,620 | 34.50% |
| 2022-04-11 | $2284.69 | -18.29% | $133,550 | -9.44% |



Listed by: Amy Raines • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20897203
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.