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$699,000

238 Martin Drive, Granbury, TX, 76049

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,172 Sq Ft
price_per_sqft$220.37 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesFire Pit, Lighting
Lot Size2.07 acres

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APN17751.001.0160.0
Lot Number160
SubdivisionRolling Creek Ranch
Land UseResidential
Legal DescriptionACRES: 2.071 LOT: 160 SUBD: ROLLING CREEK RANCH PHASE 1
Census Tract160204
Assessed Land Value$165,000
Assessed Improvement Value$515,430
Assessment Year2025

About this property

Modern design, exceptional craftsmanship, and a setting that's hard to duplicate. Situated on two acres overlooking a scenic private pond in the gated community of Rolling Creek Ranch, this contemporary home offers clean architectural lines, striking finishes, and a detached guest house with incredible flexibility. The main residence offers approximately 2,412 square feet, while the detached 760-square-foot guest house provides additional living space. Inside, soaring vaulted ceilings and expansive windows fill the open-concept living area with natural light. The living room flows into a designer kitchen featuring a waterfall island, sleek cabinetry, designer backsplash, open shelving, and a walk-in pantry with coffee bar. The private primary suite features dual sinks, heated illuminated mirrors, a towel warmer, jetted soaking tub, oversized walk-in shower, and a spacious walk-in closet. A dedicated office and split-bedroom layout provide functionality and privacy. Enjoy peaceful private pond views from the covered patio, relax around the fire pit, and take in unforgettable Texas sunsets. The detached guest house includes its own kitchen, living area, bedroom, full bath, flex room, and laundry, making it ideal for guests, multigenerational living, a private office, fitness studio, game room, or future pool house. Additional highlights include an oversized two-car garage and access to Rolling Creek Ranch amenities including gated entry, a community pavilion, pickleball and basketball courts, a large catch-and-release fishing pond, and a neighborhood designed for walking and golf cart cruising. A rare opportunity to own one of Granbury's most distinctive modern homes.

Investor Tools

$48,819Estimated Mortgage Balance
$669,181Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

Interested in this property?

Eric Wilkins

VYBE Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$875/month
$869/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,915
$680,430
2025
$165,000
$515,430
$680,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,915
$680,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Granbury
Conventional
$50,000
No
First
Mar 26, 2025
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,819
$669,181
93%
7%
$300/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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238 Martin Drive | Property Details | No Agent List