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$275,000

2121 N Rough Creek Ct, Granbury, TX, 76048

Off MarketInfo
Baths0 Bath

Property Lead Type:

Off-Market ListAbsentee Owner

About this property

Welcome to 2121 N Rough Creek Court, a rare chance to own an improved waterfront lot on the shore of Lake Granbury. Perfectly positioned near the end of a peaceful cul-de-sac street, this well-maintained property offers a combination of privacy, natural beauty, and modern convenience. With no HOA restrictions and a low 1.2% tax rate, it’s an ideal canvas for your custom lakefront home, weekend retreat, or investment build. This ready-to-go lot comes equipped with water and electric already installed, significantly reducing development time and cost. The property features a remote-controlled boat lift and private dock for immediate lake access—ideal for boating, fishing, and waterfront leisure. The boat lift includes a covered storage section for added utility, while a handcrafted stone stairway leads to a tranquil sitting area right at the water’s edge, offering a peaceful spot to enjoy morning sunrises or evening sunsets with family and friends. The level terrain, open layout, and mature shade trees create a park-like setting that invites relaxation and outdoor living. The absence of a retaining wall opens up additional design possibilities for terracing, fire pits, or natural shoreline enhancement. Whether you envision a one-story retirement home, an elevated multi-level home, or a sleek modern retreat, the options are endless. Located just minutes from the restaurants, shops, and amenities of downtown Granbury, and only 15 minutes from Glen Rose, this lot offers both serenity and convenience. With so many improvements already in place, it’s ready for immediate enjoyment or development. Few lakefront properties offer this unique blend of readiness, flexibility, and lake accessibility—making this a truly rare and valuable find.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$9,092Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,099
$175,000
2025
$145,000
$30,000
$175,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,099
$175,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dffc Llc
Commercial
$240,000
No
First
Nov 17, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,908
$9,092
3%
96%
$1,439/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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2121 N Rough Creek Ct | Property Details | No Agent List