








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 5517 Water View Dr, Granbury, TX, 76048 listed at $249,500 pairs $1,972/mo rent with a $1,221/mo payment to leave $194/mo cash flow. Total monthly income runs $1,972/mo, and annual cash flow reaches $2,325/yr on $82,709 cash to close. Return on cash invested measures 22.72% in year one, and rental yield registers 9.48% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 119.14% and total cumulative return in cash totals $98,541. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,972/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1985
7,361 sqft lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2025-04-01 | Price change | $249,500 |
| 2025-01-23 | Price change | $255,000 |
| 2024-12-01 | Price change | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $171.94 | 0.32% | $112,700 | 26.77% |
| 2023-04-01 | $171.40 | -31.04% | $88,900 | -18.46% |
| 2022-04-01 | $248.54 | -0.09% | $109,020 | -4.69% |



Listed by: Debbi Gomez • All City Real Estate, Ltd. Co.
Mls Name: NTREIS
Mls ID: #20886700
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.