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$494,970

NAL Estimated Property Value

2201 Fall Creek Highway, Granbury, TX, 76049

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$395.83 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size4.85 acres

Building Information

Year Built1978
Stories1

Land Information

APN20123.000.0050.0
SubdivisionJ Campbell - Abst 123
Land UseResidential
Legal DescriptionACRES: 4.848 ABST: J CAMPBELL - ABST 123
Census Tract160204
Assessment Year2025

About this property

Discover a rare gem nestled in the highly sought-after area of East Granbury! This unique property spans APPROX 5 beautifully wooded acres, with creek frontage offering both privacy and convenience, with easy access to Highway 377. The estate features two separate living quarters, perfect for multi-generational living, rental opportunities, or a guest retreat. The front house is approx 700 sqft and is a charming blend of stone and siding with a durable metal roof, invites you in with its expansive covered front porch, ideal for relaxing and enjoying the serene surroundings. Built around 2006, this cozy home includes a bedroom (11x9), a front study (9x6), a living area (17x10), and a kitchen (9x9). Appliances, including the refrigerator, washer, and dryer, are included, adding convenience for the new owners. Follow the long, picturesque driveway to the creek house, a delightful wood-framed residence with a composition shingle roof. The main home CREEK HOUSE is two-bedrooms and overlooks a tranquil private fishing pond, making it a true haven for nature lovers and fishing! Both homes are equipped with separate electric meters and individual septic systems, ensuring autonomy and ease of use. A deep well provides an ample supply of clean, potable water for both residences, a valuable feature for country living. This property offers the perfect blend of rustic charm and functional living in a prime location, presenting endless opportunities for relaxation, recreation, and investment. Don’t miss your chance to own this extraordinary piece of East Granbury!

Investor Tools

Property Icon
$494,970
Estimated Property Value
$439,866Estimated Mortgage Balance
$55,104Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,306
$494,970
2025
N/A
N/A
$494,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,306
$494,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barrett Financial Group Llc
Conventional
$450,515
No
First
Jan 13, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,866
$55,104
11%
89%
$2,702/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.

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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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