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$555,000

204 Martin Dr, Granbury, TX, 76049

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.73 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave
FlooringConcrete

Exterior

Lot Size1.04 acres

Building Information

Year Built2022
Stories1
Garage Spaces3

Land Information

APN17751.001.0152.0
Lot Number152
SubdivisionRolling Creek Ranch
Land UseResidential
Legal DescriptionACRES: 1.036 LOT: 152 SUBD: ROLLING CREEK RANCH PHASE 1
Census Tract160204
Assessed Land Value$100,000
Assessed Improvement Value$500,480
Assessment Year2025

About this property

Improved Price! Welcome to 204 Martin Drive, located in the gated community of Rolling Creek Ranch on the Fort Worth side of Granbury. Ideally situated for an easy commute toward Fort Worth, this home offers the perfect blend of privacy, convenience, and upscale country living on just over an acre of land. Inside, polished concrete floors, tall ceilings, and abundant natural light create a clean, modern feel throughout. The open concept living area features a stunning stone fireplace and flows seamlessly into the kitchen, where granite countertops, a large island, decorative tile backsplash, pot filler over the range, and custom cabinetry make this space both functional and eye-catching. The primary suite is a true retreat with spa-like finishes, including a freestanding soaking tub and beautifully tiled walk-in shower. Two guest bedrooms share a bonus sitting room, providing flexible space for a home office, playroom, or secondary living area. A Generac whole-home backup generator adds peace of mind, while the expansive lot offers room to enjoy the outdoors. Gated community living with easy access toward Fort Worth—this home truly offers the best of both worlds.

Investor Tools

$311,976Estimated Mortgage Balance
$288,504Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,603 /month
Positive
Cash Flow Estimate:
$1,201 /month

Interested in this property?

Kevin Watson

Empire Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,207
$600,480
2025
$100,000
$500,480
$600,480
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,207
$600,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$336,000
No
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,976
$288,504
48%
52%
$2,015/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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204 Martin Dr | Property Details | No Agent List