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$239,999

408 Grandview Dr, Granbury, TX, 76049

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.84 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1977
Stories1
Garage Spaces1

Land Information

APN13043.007.0005.0
Lot Number5
SubdivisionLakewood Hills
Land UseResidential
Legal DescriptionLOT: 5 BLK: 7 SUBD: LAKEWOOD HILLS SEC 3
Census Tract160218
Assessed Land Value$50,000
Assessed Improvement Value$159,530
Assessment Year2025

About this property

Beautiful new listing in Lakewood Hills on the Fort Worth side of Granbury, conveniently located close to shopping, dining, schools & easy access to the metroplex! Situated on a spacious .25-acre lot with NO HOA, this adorable 3 bedroom, 2 bath home offers plenty of space both inside & out. Upon entry, you are welcomed into a large open living area with easy-maintenance wood-look laminate flooring that flows nicely into the kitchen, creating the perfect setup for everyday living & entertaining. Kitchen is light & bright with updated cabinetry, beautiful countertops, stylish backsplash, abundant storage & plenty of prep space for cooking & gathering with family & friends. Bonus room offers endless possibilities & could easily serve as a home office, workout room, playroom, second living area, craft room or additional storage space. Oversized laundry room provides even more storage opportunities with room for shelving, pantry overflow or hobby space. Primary suite features a walk-in closet & private ensuite bath for added comfort & convenience. Two additional bedrooms provide room for family, guests or workspace needs. Step outside to a huge backyard with plenty of room for grilling, entertaining, gardening, pets, play equipment or even adding a pool in the future. Whether you are relaxing with friends or enjoying a quiet evening outdoors, this backyard offers so much potential. Don’t miss this move-in ready home in a fantastic location with NO HOA!

Investor Tools

$156,149Estimated Mortgage Balance
$91,851Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$323
$209,530
2025
$50,000
$159,530
$209,530
No

Tax History

Year
Tax Paid
Assessed Value
2022
$323
$209,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$174,000
Yes
First
Feb 24, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,149
$91,851
37%
63%
$1,044/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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408 Grandview Dr | Property Details | No Agent List