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$479,000

386 Paddle Boat Drive, Granbury, TX, 76049

$589,120 ARVInfo
Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths3,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.85 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Simulated Wood, Tile

Exterior

Lot Size9,148 sqft

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APN17630.010.0027.0
Lot Number27
SubdivisionAbes Landing Phases 5a-3 & 5a-4
Land UseResidential
Legal DescriptionACRES: 0.210 LOT: 27 BLK: 10 SUBD: ABES LANDING PHASES 5A-3 & 5A-4
Census Tract160216
Assessed Land Value$40,000
Assessed Improvement Value$449,999
Assessment Year2025

About this property

Built in 2024 and lightly lived in, this meticulously maintained home offers all the benefits of new construction—without the wait. Featuring 5 bedrooms, 4 bathrooms, and over 3,500 square feet of living space, this home provides exceptional value in one of Granbury's most desirable communities. The sellers are relocating for work, creating a rare opportunity to own a nearly new home that is move-in ready today. Located in sought-after Abe's Landing, you'll enjoy convenient access to the historic Granbury Square, Lake Granbury, shopping, dining, and an easy commute to Weatherford, Fort Worth, and surrounding areas. Buy with confidence knowing the home includes transferable warranties for added peace of mind. Designed with energy efficiency in mind, helping keep monthly utility costs lower year-round. No pets or smoking in the home.

Investor Tools

$334,370Estimated Mortgage Balance
$159,630Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$589,119
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,509
$489,999
2025
$40,000
$449,999
$489,999
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,509
$489,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$342,999
No
First
Jan 17, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,370
$159,630
32%
68%
$2,057/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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386 Paddle Boat Drive | Property Details | No Agent List