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$499,000

1011 Holmes Drive, Granbury, TX, 76048

$503,053 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.59 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5.00 acres

Building Information

Year Built1975
Stories1
Garage Spaces4

Land Information

APN20348.000.0550.0
SubdivisionMilam Co - Abst 348
Land UseResidential
Legal DescriptionACRES: 4.997 ABST: MILAM CO - ABST 348
Census Tract160303
Assessed Land Value$174,900
Assessed Improvement Value$289,890
Assessment Year2025

About this property

Nicely updated brick home situated on 5 acres just minutes from the Historic Granbury Square. Nestled outside the city limits, this hidden gem offers the elbow room you covet, with restaurants, medical facilities, schools, shopping & city amenities in close proximity. Generous kitchen offers abundant cabinet storage, stainless steel appliances, & breakfast nook. The roomy dining area and living room provides the space to share gatherings with family & friends. Additional features include a covered porch, spacious 3 car garage to house your vehicles and equipment. Horse and livestock permitted.

Investor Tools

Property Icon
$481,000
Estimated Property Value
$0Estimated Mortgage Balance
$481,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$503,052
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,300
$464,790
2025
$174,900
$289,890
$464,790
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,300
$464,790

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$481,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Granbury

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1011 Holmes Drive | Property Details | No Agent List