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$70,000

1605 Alamo Dr, Granbury, TX, 76048

$74,447 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths960 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$72.92 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesStorage

Building Information

Year Built2007
Stories1

Land Information

APN12536.000.1408.0
Lot Number1408
SubdivisionIndian Harbor
Land UseResidential
Legal DescriptionLOT: 1408 SUBD: INDIAN HARBOR PH 16 W/ NTA1447019
Census Tract160211
Assessed Land Value$30,000
Assessed Improvement Value$85,430
Assessment Year2025

About this property

A block form Lake! Super Buy! Super Cute! Super Clean! Excellent condition! And ready for move in! Located in gated, Lake access community, with pool, playground, boat ramp and marina with restaurant and their own fire dept. This 2 bedroom, 2 bath home is exactly what you need. Perfect for downsizing, retirement or starter home. Covered decks for sitting in the evenings and enjoying the breeze and nature or coffee in the morning. Island with sink and breakfast bar in kitchen. Great cabinets and plenty of counter space. Glass doors leading to covered deck. Large master bedroom and bath. Large yard with flowering trees, storage shed and carport a plus! Come see it today, you will be pleasantly surprised!

Investor Tools

Property Icon
$152,000
Estimated Property Value
$0Estimated Mortgage Balance
$152,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$74,447
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$194
$87,846
2025
$30,000
$85,430
$115,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$194
$87,846

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1605 Alamo Dr | Property Details | No Agent List