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$237,000

NAL Estimated Property Value

3620 Gerry Dr, Granbury, TX, 76049

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,184 Sq Ft
price_per_sqft$197.64 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Electric Water Heater, Gas Cooktop, Gas Range, Refrigerator, Vented Exhaust Fan, Washer
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesStorage

Building Information

Year Built1986
Stories1

Land Information

APN13260.002.0038.0
Lot Number37-40
SubdivisionMontego Bay
Land UseResidential
Legal DescriptionLOT: 37 THRU 40 BLK: 2 SUBD: MONTEGO BAY
Census Tract160213
Assessed Land Value$88,000
Assessed Improvement Value$188,020
Assessment Year2025

About this property

3 Bedroom l 2 Bath Home on 4 Lots! $234,000!!! Surrounded by sunshine and the soothing sounds of nature! Park your RV, boat, or toys with ease, or take a 5 minute walk to Lake Granbury. Updated septic and electrical with 5 year transferrable warranty, New Roof - contingent on contract and closing, Buyer BONUS!!! $650 toward a 1-year home warranty of your choice! The property sits on 4 lots so there is room to expand, or get extra cash in your pocket by selling off a couple lots.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$233,599Estimated Mortgage Balance
$3,401Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,541
$214,509
2025
$88,000
$188,020
$276,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,541
$214,509

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$235,653
Yes
First
Nov 19, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,599
$3,401
1%
99%
$1,413/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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3620 Gerry Dr | Property Details | No Agent List