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$510,000

405 Mercury Court, Granbury, TX, 76049

$663,000 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,269 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.01 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1988
Stories1
Garage Spaces3

Land Information

APN13816.006.0069.0
Lot Number69R
SubdivisionSky Harbour
Land UseResidential
Legal DescriptionLOT: 69R BLK: 6 SUBD: SKY HARBOUR SEC 6
Census Tract160218
Assessed Land Value$195,000
Assessed Improvement Value$570,920
Assessment Year2025

About this property

Large home on a quiet canal on Lake Granbury. This home has been expanded to add additional bedrooms and storage rooms, new kitchen counters and wood floors. With two docks and a beautifully landscaped yard, this home is easily managed and great for enjoying the lakefront amenities of this area. A massive enclosed sunroom and additional pad for a backyard pergola makes for great entertainment spaces. The added 5th bedroom can also act as an office space. Dedicated storage room and mother-in-law suite with a walk-in bathtub makes for endless possibilities for how you can enjoy this home. This home offers plenty of room for an expanding family or for friends and family to stay. Come see it while you can!

Investor Tools

Property Icon
$765,920
Estimated Property Value
$0Estimated Mortgage Balance
$349,115Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$663,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,596 /month
Positive
Cash Flow Estimate:
$1,532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$873/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,648
$765,920
2025
$195,000
$570,920
$765,920
No

Tax History

Year
Tax Paid
Assessed Value
2023
$6,648
$765,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$480,105
Yes
First
Sep 19, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,805
$349,115
45%
54%
$2,879/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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405 Mercury Court | Property Details | No Agent List