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$353,000

NAL Estimated Property Value

1302 Caballo Way, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,042 Sq Ft
price_per_sqft$183.64 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN14025.004.0007.0
Lot Number7R
SubdivisionSpanish Trail
Land UseResidential
Legal DescriptionLOT: 7R BLK: 4 SUBD: SPANISH TRAIL WEST
Census Tract160303
Assessed Land Value$40,000
Assessed Improvement Value$298,180
Assessment Year2025

About this property

Welcome to your dream home in the perfect Granbury location! Nestled on a spacious 0.6 acre lot, this 3-bedroom, 2-bath gem offers the best of both worlds—peaceful living outside city limits with easy access to shopping, dining, and Granbury Lake Life. Step inside to an inviting open-concept floorplan featuring a generous living area with a cozy wood-burning fireplace, ideal for gathering with friends and family. The primary suite is your private retreat, boasting large windows with serene views of the lush backyard, a spa-like tub, and plenty of room to unwind. The split-bedroom layout ensures maximum privacy, with two secondary bedrooms on the opposite side of the home. Outside, enjoy ample parking with a long driveway and a 23x23 oversized garage, adding both functionality and curb appeal. Relax under the pergola, entertain in style, or simply enjoy the tranquility of your expansive .60 acre lot. This property is part of a welcoming community offering a large swimming pool, boat launch, fishing pier, and tennis courts—located on the edge of Granbury City Limits. Key Upgrades Include: All new kitchen appliances, Roof -2021, HVAC - approx. 4 years old, Interior & exterior paint -2022, Flooring -2021, Pergola, updated fixtures, faucets, and smart home thermostat in 2025. Don’t miss this incredible opportunity to own a move-in-ready home that has it all—location, space, and upgrades galore!

Investor Tools

Property Icon
$353,000
Estimated Property Value
$338,012Estimated Mortgage Balance
$14,988Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,968
$338,180
2025
$40,000
$298,180
$338,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,968
$338,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$342,000
No
First
Sep 15, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,012
$14,988
4%
96%
$2,051/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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1302 Caballo Way | Property Details | No Agent List