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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% |
Investment property for sale in Granbury at 615 Parker Ln, Granbury, TX, 76048 offers a 10.1% rental yield on a $300,000 purchase with $2,524/mo rent. Total monthly income registers $2,524/mo, and a $1,468/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,692/yr on $99,450 to close, and return on cash invested stands at 24.63% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 129.33% and total cumulative return in cash at $128,616. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,524/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
5,837 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-06 | Listed for sale | $300,000 |
| 2021-12-14 | Sold | N/A |
| 2021-11-19 | Pending sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $3537.50 | 2.21% | $295,000 | 3.72% |
| 2023-05-06 | $3461.01 | 11.86% | $284,430 | 22.34% |
| 2022-05-06 | $3093.94 | 26.98% | $232,500 | 25.01% |
Listed by: Mickey Parson • Parson Properties
Mls Name: NTREIS
Mls ID: #20925150
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.
