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$164,990

$164,999

1028 Pawnee Trl, Granbury, TX, 76048

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.49 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesElectric Range

Exterior

Exterior FeaturesStorage

Building Information

Year Built2018
Stories2

Land Information

APN12524.000.0047.0
Lot Number47
SubdivisionIndian Harbor
Land UseResidential
Legal DescriptionLOT: 47 SUBD: INDIAN HARBOR PH 4
Census Tract160211
Assessed Land Value$15,000
Assessed Improvement Value$94,860
Assessment Year2025

About this property

Buy This Lake-Access Home in Granbury with $0 Down!! This is a diamond in the rough - pictures are from a few years ago, so the place does not look like this. Some remodeling projects not finished. There's something special about pulling into a quiet, gated community, passing the marina and Clubhouse, and arriving at your own tucked-away retreat surrounded by mature trees. This 2018-built home sits back from the street where the trees naturally insulate the walls, keeping your utility bills refreshingly low. Inside, the open layout flows easily from room to room, and that spacious bathroom with its beautiful claw-foot soaking tub turns every evening into a spa experience. One bedroom opens to a versatile bonus room - set up your home office, create a reading nook, or let it become whatever you need. Upstairs, the 20' x 11' loft with its own closet fills with natural light through large windows overlooking nothing but peaceful greenery. Step onto your private deck (10' x 10') with morning coffee, listen to the birds, and forget about the outside world. The property also includes a storage shed, fencing on both sides for added privacy, and a mini split AC and heat system that keeps the home comfortable and energy efficient. With property taxes under $255 a year and a tiny $18 per month HOA that unlocks a community boat ramp, community pool, Marina restaurant, Walking trails, and more - you get lake life without the lake-house price tag. Plus it has a Gated Community Entrance! Outside city limits, yet conveniently located just minutes from Historic Granbury Square and Glen Rose, this secluded property has easy access to shopping, dining, entertainment and outdoor recreation.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$0Estimated Mortgage Balance
$222,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$18/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$334
$109,860
2025
$15,000
$94,860
$109,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$334
$109,860

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,000
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.

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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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1028 Pawnee Trl | Property Details | No Agent List