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$250,000

1400 Spanish Trail Dr, Granbury, TX, 76048

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.84 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN15648.007.0001.0
Lot Number1
SubdivisionMisty Meadows
Land UseResidential
Legal DescriptionLOT: 1 BLK: 7 SUBD: MISTY MEADOWS
Census Tract160303
Assessed Land Value$40,000
Assessed Improvement Value$212,170
Assessment Year2025

About this property

Located in a well-established neighborhood with the added convenience of being within walking distance to two schools, this home has been lovingly maintained and is ready for its next chapter. From the moment you arrive, you will appreciate the pride of ownership that shines through every corner of the property. Step inside to find a warm and welcoming interior that reflects years of thoughtful care and upkeep. The floor plan offers comfortable living spaces that flow naturally from room to room, making it easy to settle in and feel right at home. Outside, the large fenced backyard provides a private retreat with plenty of room for pets, play, or weekend gatherings. A nice storage shed adds valuable space for tools, lawn equipment, or seasonal items, keeping the garage and home clutter-free. Whether you are enjoying a quiet evening under the stars or hosting a barbecue with friends, this backyard is ready to accommodate. With its established surroundings, convenient location, and well-kept condition, this home offers a wonderful opportunity for buyers seeking comfort, space, and a true sense of community.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$122,500Estimated Mortgage Balance
$154,060Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

Interested in this property?

Debbie Roberts

Keller Williams Brazos West

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,741
$252,170
2025
$40,000
$212,170
$252,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,741
$252,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$122,500
No
First
Jun 29, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,940
$154,060
58%
41%
$735/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.

Explore Texas Explore This Area
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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