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B+
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Days42Days on Market
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$829,000

1206 Sierra Vista Drive, Granbury, TX, 76048

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,722 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.56 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringConcrete, Hardwood, Vinyl

Exterior

Exterior FeaturesAwning(s), Balcony, Boat Slip, Dock, Dog Run, Rain Gutters, Lighting, Private Entrance, Private Yard, Storage, Garden

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN14020.006.0006.0
Lot Number6
SubdivisionSpanish Trail
Land UseResidential
Legal DescriptionLOT: 6; 7; 8 & 9 BLK: 6 SUBD: SPANISH TRAIL
Census Tract160303
Assessed Land Value$200,000
Assessed Improvement Value$426,090
Assessment Year2025

About this property

OFFERING $10K TOWARD EXTERIOR STAIRCASE LIFT WITH FULL PRICE OFFER! Welcome to your dream waterfront retreat on Lake Granbury! This stunning home offers the perfect blend of modern upgrades, natural beauty, & peaceful privacy. Nestled on over an acre & surrounded by more than 65 mature cedar trees, the property has the feel of a secluded mountain lodge situated on the water’s edge. Inside, the home features 2 spacious living areas & a cozy wood-burning stove. Granite countertops run throughout the home with upgraded KitchenAid black stainless-steel appliances in 2023. Beautiful knotty pine stairs lead to the upper level, where you’ll find pine flooring & a private terrace— truly a statement piece of the home. The exterior showcases a striking black modern finish with cedar accents, blending contemporary design with rustic charm. The massive covered deck extends across the entire back of the home overlooking low maintenance landscaping that feel like a private oasis. This waterfront haven features a double spiral staircase that leads down to a recreational paradise. Enjoy 3 concrete boat slips, 2 of which are covered, convenient kayak storage, & multiple spots to relax right by the lake. The fully heated, cooled, & insulated 16'x24' workshop, 2-car garage with upgraded modern doors, & additional covered parking offer plenty of room for all your lake toys. Recent updates include a Class 4 roof added in 2020, a 4.5-ton AC unit in 2022, a fully decked attic running the entire length of the house, & a 12-zone irrigation system that can pull from the lake! Community residents enjoy access to tennis courts, pickleball courts, a picnic area, a pool, & a private boat ramp. Perfectly situated on a lake that never runs dry, this one-of-a-kind property is ideal as a full-time residence, weekend getaway, or high-performing investment with short-term rentals permitted. Schedule your private showing today & experience Lake Granbury living at its best!

Investor Tools

Property Icon
$626,090
Estimated Property Value
$0Estimated Mortgage Balance
$17,031Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,974 /month
Positive
Cash Flow Estimate:
$1,658 /month

Interested in this property?

April Bohlin

Trinity Group Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,056
$626,090
2025
$200,000
$426,090
$626,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,056
$626,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Va
$645,625
Yes
First
Apr 25, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$609,059
$17,031
2%
97%
$3,871/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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1206 Sierra Vista Drive | Property Details | No Agent List