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$1,300,000

1011 Sunset Bay Ct, Granbury, TX, 76048

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,022 Sq Ft
price_per_sqft$430.18 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Washer, Wine Cooler
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters, Lighting, Misting System

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN17560.001.0203.0
Lot Number203
SubdivisionBrazos River Acres
Land UseResidential
Legal DescriptionLOT: 203 SUBD: CATALINA BAY II PHASE II-C
Census Tract160206
Assessed Land Value$430,000
Assessed Improvement Value$680,260
Assessment Year2025

About this property

Exceptional waterfront living in The Island, Granbury's premier gated lakefront community. Built by renowned local builder Couto Homes, this luxury waterfront property is being sold fully furnished and includes a Hurricane Sundeck boat, Yamaha jet ski, and Dolphin trolling boat, creating a true turnkey lake lifestyle. Situated on a large waterfront lot the home is just seconds from the main body of Lake Granbury. The private dock features separate lifts for both the boat and jet ski. The fenced backyard offers plenty of room for a future pool and is irrigated directly from lake water. Inside, quality craftsmanship is evident throughout with elaborate molding, designer chandeliers, premium light fixtures, plantation shutters, automatic window shades on picture windows, and solar shades on the sunny side of the home. The spacious living room features a dramatic floor-to-ceiling stone fireplace and overlooks the water. Surround sound enhances both everyday living and entertaining. The gourmet kitchen is equipped with an induction cooktop and is also plumbed for gas. The desirable split-bedroom floor plan includes 3 bedrooms, 2.5 bathrooms, a dedicated office, and a second living area complete with a pool table.The primary suite offers a private retreat, while guest bedrooms are thoughtfully separated from the main living areas. Easy modifications could make the office into a fourth bedroom with ensuite bath. Outdoor living is equally impressive with a screened patio featuring ceiling fans, a misting system, and an electric retractable shade. Beyond the screened porch is an extended patio with pergola cover, creating multiple spaces to relax and entertain. Recent updates include a new HVAC system and a new Class 4 impact-resistant shingle roof. Opportunities to purchase a fully furnished waterfront home with boats, personal watercraft, private dock, and premium upgrades in The Island are rare. Move in and start enjoying lake life immediately.

Investor Tools

$316,742Estimated Mortgage Balance
$879,258Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Ben Holmes

Keller Williams Brazos West

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,151/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,834
$1,110,260
2025
$430,000
$680,260
$1,110,260
No

Tax History

Year
Tax Paid
Assessed Value
2022
$7,834
$1,110,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citywide Mortgage Llc
Va
$348,175
Yes
First
Sep 7, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,742
$879,258
73%
26%
$2,088/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.

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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 Sunset Bay Ct | Property Details | No Agent List