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Owner Contacts

$48,000

NAL Estimated Property Value

1210 Brazos Dr, Granbury, TX, 76048

Off Market

0 Bath

About this property

Oversized Corner Lot – Ready to Build in the WATERFRONT COMMUNITY of Indian Harbor!! Discover the perfect opportunity to build your dream home on this oversized corner lot, offering just over half an acre of space. Located on the west side of Lake Granbury, this property sits just outside the city limits, off Highway 144, and only 12 miles from Glen Rose. Nestled among rolling hills and cedar trees, Indian Harbor offers a serene country atmosphere with all the benefits of lakeside living—just 10 minutes from the vibrant and historic downtown Granbury. Enjoy charming shops, live music, entertainment, and top-tier dining in a picturesque setting. This gated community features a marina with boat launch and covered slips, a clubhouse with a sparkling swimming pool, and an activity center—all designed to complement a relaxed and enjoyable lifestyle. Whether you're looking to build a weekend retreat or a forever home, this lot combines peace, privacy, and proximity in one beautiful location.

Investor Tools

$48,000

Estimated Property Value

$270,127Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$329 /month

Positive

Cash Flow Estimate:

$110 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$60/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$480

$40,000

2025

$40,000

N/A

$40,000

No

Tax History

Year

Tax Paid

Assessed Value

2025

$480

$40,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Construction Loan Services Llc

Unknown

$271,700

No

First

Jan 7, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$270,127

N/A

0%

563%

$1,629/mo

Learn About the Market: Opportunity in Texas

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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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