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$280,000

120 Granite Dr, Ponder, TX, 76259

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$156.25 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal

Exterior

Lot Size1.05 acres

Building Information

Year Built2021
Stories1

Land Information

APNR959399
Lot Number12
SubdivisionStone Valley Farm Phase Ii
Land UseResidential
Legal DescriptionSTONE VALLEY FARM PHASE II BLK 3 LOT 12 SN#1 OC012032632A HUD# NTA1902743
Census Tract020313
Assessed Land Value$95,146
Assessed Improvement Value$162,854
Assessment Year2025

About this property

Welcome to this spacious 3-bedroom, 2-bath home in Ponder, situated on just over an acre and offering a unique combination of comfortable living today with exciting possibilities for the future. Built in 2021 and offering 1,792 square feet, the home features a bright, open-concept layout with generous living and dining areas and a large kitchen designed for everyday living and entertaining. The kitchen offers abundant cabinetry and counter space, a center island with seating, and an easy flow into the main living area. The spacious primary suite provides a relaxing retreat with a large en-suite bath featuring an oversized vanity, soaking tub, and separate walk-in shower. Two additional bedrooms and a second full bath provide plenty of flexibility for family, guests, or a home office. Outside is where this property really sets itself apart. With just over an acre, you’ll have room to spread out, enjoy the outdoors, add improvements, and potentially build your own home on the property in the future—giving you options that are hard to find at this price point. Enjoy peaceful country-style living while remaining conveniently located in Ponder and within reach of the surrounding Denton County communities. And there’s even more value for the buyer: the seller is offering $1,000 in concessions plus $500 toward a home warranty with an acceptable offer. Whether you’re looking for a move-in-ready home with land, more breathing room, or a property that gives you the flexibility to create something more down the road, this one deserves a look. Come see the space, the possibilities, and the potential for yourself!

Investor Tools

$179,228Estimated Mortgage Balance
$95,772Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Rea Carpenter

Kaleidoscope Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,058
$195,157
2025
$95,146
$162,854
$258,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,058
$195,157

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Homestar Mortgage Llc
Stand Alone First / Home Equity First Lien
$199,323
No
First
May 7, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,228
$95,772
34%
65%
$1,196/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: Ponder

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120 Granite Dr | Property Details | No Agent List