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$625,000

330 Reed Rd, Granbury, TX, 76049

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.97 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN20424.000.0220.0
SubdivisionJohn Chenowith Survey Abstract #118
Land UseResidential
Legal DescriptionACRES: 1.000 ABST: I NORRIS - ABST 424
Census Tract160216
Assessment Year2025

About this property

**FIRST TIME EVER OFFERED FOR SALE!** A rare opportunity to own a piece of Granbury history on approximately 5.6 beautiful acres just north of the Historic Granbury Square. Built in 1975 by the original owners, this well-maintained ranch-style home has been cared for by the same family for more than 50 years. The property offers a beautiful mix of open pasture and mature live oaks, with pipe top-rail fencing and cross-fenced pastures creating an ideal setup for horses, livestock, FFA projects, or simply enjoying your own peaceful piece of the country. The livestock barn has electricity and water and was originally configured with five horse stalls. The stalls have been removed, but recessed concrete stall floors remain, making it easy to restore them. A large well house with additional storage space and a stock tank add to the property's functionality. The open pasture creates a peaceful, private feel from the moment you pull into the driveway. The spacious home features 2148 sq ft, 4 bedrooms, 2 bathrooms, a large living room with vaulted ceiling, built-ins, and a brick wood-burning fireplace. The kitchen offers well-maintained original cabinetry, tile countertops, and a cozy breakfast nook. The large fourth bedroom was originally designed as a game room and offers flexibility for a bedroom, game room, or additional living space. Tile and wood-look vinyl flooring run throughout. Roof is approximately 6 years old and HVAC was replaced approximately 3 years ago. With a private well, no HOA, no known restrictions, paved road frontage, and convenient access to everything Granbury has to offer, this property offers the rare combination of acreage, lifestyle, and location without the million-dollar price tag. **5.6 acres offered for sale will be surveyed out of a larger tract. Additional acreage is available, allowing for up to 10 total acres.**

Investor Tools

$76,849Estimated Mortgage Balance
$312,151Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

Interested in this property?

Kisten Jackson

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,198
$271,450
2025
N/A
N/A
$271,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,198
$271,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Bank
Unknown
$95,000
No
First
Jun 12, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,849
$312,151
80%
20%
$570/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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330 Reed Rd | Property Details | No Agent List