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$1,095,000

1209 Mallard Way, Granbury, TX, 76048

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$428.4 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Boat Slip, Built-in Barbecue, Dock, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard, Storage

Building Information

Year Built1999
Stories1
Garage Spaces3

Land Information

APN15725.004.0003.0
Lot Number3
SubdivisionWater's Edge
Land UseResidential
Legal DescriptionLOT: 3 BLK: 4 SUBD: WATER'S EDGE
Census Tract160206
Assessed Land Value$295,000
Assessed Improvement Value$588,270
Assessment Year2025

About this property

10K in CLOSING COSTS until July 31st! Luxury waterfront living at its finest in this stunning modern home. Built with Eco-block construction for superior energy efficiency this home was built to impress as you enter through double steel doors & are welcomed into an elegant entry highlighted by custom woodwork accents & an open-concept design that captures the breathtaking water views. The kitchen features textured glass-front cabinetry, quartz countertops, an island, bar-top seating, gas cooktop, walk-in pantry & a dedicated countertop appliance garage. The dining area offers built-in cabinetry for displaying fine china or storing your favorite spirits. The spacious living room is designed to impress with floor-to-ceiling windows that fill the home with natural light & waterfront views, a gas fireplace & built in speakers. Retreat to the primary suite where you’ll enjoy direct access to the back patio, water views, & a custom walk-in closet. The luxurious ensuite bath features a dedicated sitting area & a spa-inspired rainfall shower tower. Step outside to your waterfront oasis designed for year-round enjoyment. The covered back patio features an electric retractable shade screen that helps keep the space cool during the summer months & retains warmth during the winter. The backyard showcases an inground saltwater pool finished with a premium pebble sheen surface & tanning ledge. Backyard ground cover is low-maintenance, pet-friendly turf that creates an appealing look without the upkeep. The outdoor kitchen features a natural gas grill, bar-top seating & a pergola with roof. The composite-deck boat dock features include a boat slip with lift, dual jet ski lifts, built-in cabinetry, outdoor speakers, insect misting system, dining space, diving board & swing. As the sun sets, a lighted fountain in the lake creates beautiful ambiance & enhances the already spectacular waterfront setting to end your day. CLICK THE VIRTUAL TOUR FOR A VIDEO WALK THROUGH.

Investor Tools

Property Icon
$1,095,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,095,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,570 /month
Positive
Cash Flow Estimate:
$2,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,511/month
$145/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,656
$883,270
2025
$295,000
$588,270
$883,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,656
$883,270

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$883,270
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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1209 Mallard Way | Property Details | No Agent List