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$349,500

4013 Cherokee Court, Granbury, TX, 76048

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.23 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range

Exterior

Exterior FeaturesDock

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN12521.000.0189.0
Lot Number189
SubdivisionIndian Harbor
Land UseResidential
Legal DescriptionLOT: 189 SUBD: INDIAN HARBOR PH 1
Census Tract160211
Assessed Land Value$220,000
Assessed Improvement Value$173,720
Assessment Year2025

About this property

SELLER CONCESSIONS OFFERED! Investor's Dream on Lake Granbury! Nestled in the gated community of Indian harbor, this charming canal-front home offers prime waterfront living with strong short-term rental potential. Featuring 3 spacious bedrooms, 2 full bathrooms, and 1,234 square feet of well-utilized space, this home is perfect for weekend getaways or generating passive income. Enjoy peaceful mornings on the covered back patio or launch your boat right from your private dock with direct access to the lake. The open-concept living and dining areas make entertaining easy, and the serene waterfront setting adds to the appeal for guests. With neighborhood amenities like a marina, pool, clubhouse, and security, this property is a solid investment in one of Granbury's most popular lakefront communities. Boat conveys with property.

Investor Tools

$0Estimated Mortgage Balance
$393,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,362 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,721
$393,720
2025
$220,000
$173,720
$393,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,721
$393,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$393,720
100%
0%
$0/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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4013 Cherokee Court | Property Details | No Agent List