








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 618 Carruth Rd, Granbury, TX, 76048 offers a 12.73% rental yield on a $410,000 purchase with $4,351/mo rent. Total monthly income registers $4,351/mo, and a $2,007/mo payment leaves $1,435/mo available for distribution. Annual cash flow reaches $17,222/yr on $135,915 to close, and return on cash invested stands at 32.58% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 172.02% and total cumulative return in cash at $233,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,351/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
2.05 Acres 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 |
|---|---|---|
| 2024-08-13 | Listed for sale | $410,000 |
| 2024-08-08 | Contingent | $410,000 |
| 2024-08-08 | Listed for sale | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $516.11 | -46.84% | $389,490 | 25.19% |
| 2022-08-13 | $970.79 | N/A | $311,110 | 24.38% |
| 2021-08-13 | $970.79 | N/A | $250,120 | -1.01% |



Listed by: Steven Haines • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20670565
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.