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$611,000

NAL Estimated Property Value

1202 Canvasback Dr, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,902 Sq Ft
price_per_sqft$328.6 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Combination

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN15725.007.0009.0
Lot Number9
SubdivisionWater's Edge
Land UseResidential
Legal DescriptionLOT: 9 BLK: 7 SUBD: WATER'S EDGE
Census Tract160206
Assessed Land Value$295,000
Assessed Improvement Value$280,000
Assessment Year2025

About this property

If you are wanting to relocate entirely or just looking for a vacation home, your search is over! Available now! Waterfront property on Lake Granbury! This beautiful home has what you have been searching for! 3 bdrms, 2 full baths, office, plantation shutters, boat dock with custom lift and jet ski docking! Enjoy the summer out on the lake, fishing and swimming off the dock or just relaxing in the back yard enjoying your view! The attic has been framed out to offer even adtnl living space, just needs to be finished out to your specifications. Located only a few min from downtown Granbury, are quaint shops, a park with a river walk, restaurants, entertainment and an overall feeling of becoming part of a hometown with Texas history! Even better for those golf enthusiasts, located just a short distance away is Harbor Lakes Country Club feat. a little over 7000 yards of championship golf in a tranquil waterfront setting! Don’t let this one slip through your fingers!

Investor Tools

Property Icon
$611,000
Estimated Property Value
$503,692Estimated Mortgage Balance
$107,308Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,014/month
$149/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,109
$575,000
2025
$295,000
$280,000
$575,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,109
$575,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Conventional
$517,500
No
First
Nov 6, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,692
$107,308
17%
82%
$3,103/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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1202 Canvasback Dr | Property Details | No Agent List