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$1,590,000

1601 Catalina Bay Ct, Granbury, TX, 76048

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$522 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesTrash Compactor, Water Purifier, Dishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Convection Oven, Vented Exhaust Fan, Warming Drawer, Water Softener
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill

Building Information

Year Built2006
Stories1
Garage Spaces4

Land Information

APN17082.000.0014.0
Lot Number14
SubdivisionBrazos River Acres
Land UseResidential
Legal DescriptionLOT: 14 SUBD: CATALINA BAY II PHASE ONE
Census Tract160206
Assessed Land Value$630,000
Assessed Improvement Value$918,020
Assessment Year2025

About this property

Welcome to luxury waterfront living in the exclusive gated community of Catalina Bay on Lake Granbury. This is a rare opportunity to own a premier waterfront property, ideally positioned on a protected canal just three lots from the open waters of Lake Granbury and adjoining the bay. Meticulously maintained by its original owner, this exceptional custom home showcases timeless design, quality craftsmanship, and impeccable attention to detail. Architectural features include curved walls, exposed wood beams, natural stone accents, solid hardwood floors, expansive windows with beautiful water views, spacious living areas, abundant custom cabinetry, gourmet kitchen with generous prep space, and an atmosphere that is elegant, inviting, and set up for entertaining. The private primary suite is a true retreat, featuring a fireplace, sitting area, spa-inspired bath, and peaceful waterfront views. Generous closet space throughout with a cedar closet, and interior closets reinforced for stormy weather. Designed for both everyday living and entertaining, the home's seamless indoor-outdoor flow leads to an exceptional resort-style backyard. Situated on one of the largest homesites in Catalina Bay at just over 0.6 acres, the extensively landscaped grounds are shaded by mature trees and offer expansive covered outdoor living areas, a built-in grill, sparkling pool with swim jets, and a private boat dock. Perfect for boating, fishing, sunset gatherings, or simply enjoying the waterfront lifestyle. The oversized three-car garage includes a climate-controlled third bay, ideal for a workshop, fitness area, golf cart storage, additional storage, or hobby space. Located just minutes from Granbury's historic downtown square, Harbor Lakes Golf Club, shopping, dining, and entertainment, this remarkable waterfront home combines luxury lakefront living with the convenience of city amenities and easy access to the DFW Metroplex. This location and detail does not come on the market often!

Investor Tools

Property Icon
$1,548,020
Estimated Property Value
$0Estimated Mortgage Balance
$1,548,020Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,540 /month
Positive
Cash Flow Estimate:
$3,180 /month

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Dana Allen

The Agency Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,092/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,360
$1,548,020
2025
$630,000
$918,020
$1,548,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,360
$1,548,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,548,020
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.

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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1601 Catalina Bay Ct | Property Details | No Agent List