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$2,250,000

2002 W Emerald Bend Ct, Granbury, TX, 76049

On MarketInfo
Beds4 Beds
Baths7 Bath
Baths5,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$381.1 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 7Bathrooms 7
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Balcony, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard
Lot Size1.51 acres

Building Information

Year Built2003
Stories2
Garage Spaces3

Land Information

APN11201.001.0019.0
Lot Number19
SubdivisionBentwater On Lake Granbury
Land UseResidential
Legal DescriptionACRES: 1.510 LOT: 19 BLK: 1 SUBD: BENTWATER ON LAKE GRANBURY SECTION ONE
Census Tract160218
Assessed Land Value$280,000
Assessed Improvement Value$1,523,620
Assessment Year2025

About this property

Experience extraordinary lakefront living in this custom-built 5,904 sq ft masterpiece on 1.5 acres set on a natural inlet of Lake Granbury. Designed for grand entertaining and effortless comfort, this home offers 4 spacious bedrooms—each with its own ensuite bathroom—plus 2 additional half baths for guests. Step inside the stunning grand entry, where soaring 30+ foot ceilings and walls of windows flood the formal living room with natural light. Multiple living and dining areas provide exceptional flexibility for hosting, relaxing, or gathering with family and friends. A dedicated media room, complete with theater seating and equipment, elevates movie nights to a true cinematic experience. The gourmet island kitchen is built for serious cooking and serious style, featuring double ovens, double dishwashers, granite countertops, a walk-in pantry, and a butler’s pantry for seamless storage. The primary suite is a private retreat unlike any other, offering dual bathrooms and dual walk-in closets—a rare luxury that delivers unmatched space and privacy. Just off the primary bathroom, a dedicated exercise or wellness room adds everyday convenience, while a massive private study with rich built-ins provides an impressive space for working or unwinding in total privacy. Plus a steel reinforced safe room with craft area. Resort-style amenities continue outdoors with a sparkling pool and spa, putting green, and an outdoor kitchen with built-in gas grill. The backyard is completely private and showcases impeccable landscaping throughout. A driveway extends all the way to the water’s edge, where you’ll find a charming cabin with AC—perfect as a studio, bunkhouse, or quiet lakeside escape. Your private boat dock sits just steps away, making lake days effortless. This is a home that truly has it all: scale, craftsmanship, natural light, thoughtful design, and an unbeatable waterfront setting. A rare opportunity to own one of Lake Granbury’s most impressive custom estates.

Investor Tools

Property Icon
$1,959,000
Estimated Property Value
$728,000Estimated Mortgage Balance
$1,564,928Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,500 /month
Positive
Cash Flow Estimate:
$4,500 /month

Interested in this property?

Pam Knieper

Knieper Realty, Inc.

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,335/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,226
$1,803,620
2025
$280,000
$1,523,620
$1,803,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,226
$1,803,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Magnus Financial Corp
Arm (Adjustable Rate Mortgage)
$728,000
No
First
Nov 1, 2005
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,072
$1,564,928
79%
20%
$4,722/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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2002 W Emerald Bend Ct | Property Details | No Agent List