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NoAgentList RatingHow are grades calculated?Info
Days452Days on Market
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$265,000

$275,000

309 Timberline Dr, Granbury, TX, 76048

$344,500 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths3,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.1 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Building Information

Year Built1982
Stories1

Land Information

APN13680.000.0171.0
Lot Number171
SubdivisionRock Harbor Est
Land UseResidential
Legal DescriptionLOT: 171 SUBD: ROCK HARBOR EST
Census Tract160211
Assessed Land Value$24,000
Assessed Improvement Value$167,230
Assessment Year2025

About this property

Welcome Home to this really cute 3 bedroom, 2 bath home located outside the city limits. Property sits on a really nice fenced backyard lot with a dog house and amazing storage building for all those outdoor tools. Two car carport available for your parking needs. Neighborhood is close to schools and shopping. This home offers over 2600 square feet of living space for you and your growing family. Kitchen offers an abundance of freshly painted cabinets, refrigerator, microwave and cooktop stove. Amazing dining room area. Newer carpet in two of the wonderful spacious bedrooms with ceiling fans and walk in closets. Separate utility area with room for a full size washer and dryer. Fabulous bonus room with lots of windows for extra light and a huge bonus is the amazing pool table. Located close to the Historic Granbury Square.

Investor Tools

$228,665Estimated Mortgage Balance
$265,374Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$344,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

Interested in this property?

Kathy Cheek

CENTURY 21 Judge Fite

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,293
$191,230
2025
$24,000
$167,230
$191,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,293
$191,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Department Of Housing And Communit
Stand Alone Second / Subordinate Position
$11,046
No
First
May 5, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,665
$118,335
34%
46%
$1,392/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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