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$206,000

NAL Estimated Property Value

1620 Topeka Court, Granbury, TX, 76048

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.70 acres

Land Information

APN14061.008.0023.0
Lot Number23
SubdivisionStroud Creek
Land UseResidential
Legal DescriptionACRES: 5.700 LOT: 23 BLK: 8 SUBD: STROUD CREEK
Census Tract160302
Assessed Land Value$142,500
Assessment Year2025

About this property

Looking for a bit of land that's close to both town and a lake? Look no further! This 5.7-acre parcel of undeveloped land is fully fenced and includes a loafing shed for your livestock. Located just 7 miles west of downtown Granbury, this heavily treed property sits on a peaceful dead-end road, offering privacy and tranquility. While the land has remained untouched for decades and does not have a drivable entrance, it holds great potential for new beginnings. There was once a water well approximately 80-100 feet deep, though the pump has been removed. Please note that minerals are excluded. This land is ready for its next chapter with a new owner!

Investor Tools

Property Icon
$206,000
Estimated Property Value
$0Estimated Mortgage Balance
$206,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,558
$142,500
2025
$142,500
N/A
$142,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,558
$142,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$206,000
100%
0%
$0/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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1620 Topeka Court | Property Details | No Agent List