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$116,000

NAL Estimated Property Value

1509 E Apache Trl, Granbury, TX, 76048

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths962 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$122.14 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringVinyl

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN12536.000.1440.0
Lot Number1440
SubdivisionIndian Harbor
Land UseResidential
Legal DescriptionLOT: 1440 SUBD: INDIAN HARBOR PH 16 & TEX0223992
Census Tract160211
Assessed Land Value$30,000
Assessed Improvement Value$32,440
Assessment Year2025

About this property

MOTIVATED SELLER!! ANY REASONABLE OFFER WILL BE CONSIDERED! Charming Updated two bed, two bath home in Indian Harbor! Discover this mostly renovated single-wide manufactured home built in 1983, offering comfortable living and modern updates throughout. Brand new kitchen appliances- TO BE INSTALLED THE WEEK OF OCTOBER 15- make entertaining a breeze. A large covered front porch nestled among the trees is ideal for relaxing and enjoying this fun community. Please visit www.indianharbor.info to familiarize yourself with the Indian Harbor lifestyle. It is a true gem! The property also includes a separate structure that could serve as guest quarters, studio, or private retreat — perfect for extended family or visitors. Located in the desirable gated community of Indian Harbor in Granbury, Texas, residents enjoy fantastic amenities including a community clubhouse, marina with boat ramp, pool, playground, tennis courts, and 24-hour security. Just minutes from historic downtown Granbury and Lake Granbury, this home offers the ideal blend of privacy, comfort, and access to recreation.Come see the value and possibilities this property has to offer in one of Granbury’s most sought-after lake communities! This home would make an EXCELLENT weekend getaway spot as it is just steps to lake Granbury. From and investment standpoint, the separate structure can easily be transformed into extra living, garage, or flex space and is a HUGE bonus to this nearly quarter acre lot! **seller installing new range and microwave the week of Oct 25th.

Investor Tools

Property Icon
$116,000
Estimated Property Value
$70,761Estimated Mortgage Balance
$45,239Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$705 /month
Positive
Cash Flow Estimate:
$235 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$749
$62,440
2025
$30,000
$32,440
$62,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$749
$62,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grandview Bank
Commercial
$72,250
No
First
Mar 28, 2025
Sep 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,761
$45,239
38%
61%
$434/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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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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1509 E Apache Trl | Property Details | No Agent List