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$480,000

3606 Cove Timber Avenue, Granbury, TX, 76049

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.82 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Other

Building Information

Year Built2003
Stories1
Garage Spaces4

Land Information

APN15097.001.0064.0
Lot Number64R
SubdivisionTimber Cove
Land UseResidential
Legal DescriptionLOT: 64R BLK: 1 SUBD: TIMBER COVE
Census Tract160214
Assessed Land Value$40,000
Assessed Improvement Value$483,060
Assessment Year2025

About this property

Welcome home to this Lake Lover’s Dream located in Timber Cove subdivision!! Huge lot in gated, lakefront community with private ski lake. Gorgeous, quiet neighborhood with huge oak trees. Huge backyard with beautiful covered patio pre-wired for cable & lake view perfect for entertaining. Open floor plan works great for entertaining. Hardwood floors, Newley constructed oversized detached garage with storm shelter, 4th bedroom includes full bath great for guests. This amazing home will not last long!!

Investor Tools

Property Icon
$480,000
Estimated Property Value
$0Estimated Mortgage Balance
$347,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,470
$468,380
2025
$40,000
$483,060
$523,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,470
$468,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Discover Bank
Conventional
$150,000
No
First
Jun 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,720
$347,280
72%
28%
$900/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3606 Cove Timber Avenue | Property Details | No Agent List