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$713,000

NAL Estimated Property Value

4104 Norfolk Bay Ct, Granbury, TX, 76049

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.66 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Range, Microwave, Double Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters, RV Hookup
Lot Size24,263 sqft

Building Information

Year Built1976
Stories1
Garage Spaces1

Land Information

APN13520.000.0066.0
Lot Number65R
SubdivisionPort Ridglea
Land UseResidential
Legal DescriptionACRES: 0.557 LOT: 65R SUBD: PORT RIDGLEA
Census Tract160214
Assessed Land Value$370,000
Assessed Improvement Value$230,620
Assessment Year2025

About this property

Welcome to your dream lakefront home on beautiful Lake Granbury! Nestled on a quiet cul-de-sac in the highly sought-after Port Ridglea West community. This exceptional property offers 137 feet of pristine waterfront and sits on a rare DOUBLE LOT—providing the perfect balance of privacy, space, and scenic beauty. Step outside to enjoy a spacious 388 sq ft covered back porch with a metal-roofed pergola, perfect for entertaining or relaxing with morning coffee. A thoughtfully designed drip system for hanging plants adds a touch of charm. The oversized boat dock is a water lover’s paradise, featuring 2 boat slips, 2 jet ski slips, and a storage closet for all your lake toys. Inside, you will find a warm and inviting space with a wood-burning fireplace, wraparound breakfast bar, and a spacious living and den area ideal for large gatherings. The 2013 remodel included energy-efficient windows, additional insulation, and a radiant barrier in the attic for year-round comfort. Cast iron sewer lines were replaced with PVC (2018), and major system updates include a water heater (2021), HVAC (2023), and a new roof (2025) for peace of mind. The garage has been converted into a 3rd bedroom but can still offers multi-functional use. Complete with a built-in queen-size Murphy bed, insulation, and a heating and cooling window unit—while still functioning as a garage when necessary. Additional features include a 50-amp RV plug, irrigated lawn sourced from the lake, 6 inch gutters with guards, and beautiful paper shell pecan trees for shade and character. This home was thoughtfully remodeled to accommodate extra sleeping areas, making it ideal for hosting guests or enjoying family getaways. Whether you're looking for a full-time residence or a weekend escape, this property delivers lake living at its finest—conveniently located on the Fort Worth side of Granbury. 12x32 workshop DOES CONVEY and has electric at the 50-amp.

Investor Tools

Property Icon
$713,000
Estimated Property Value
$49,269Estimated Mortgage Balance
$663,731Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,439 /month
Positive
Cash Flow Estimate:
$1,480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,616
$567,792
2025
$370,000
$230,620
$600,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,616
$567,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$50,000
No
First
Jul 28, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,269
$663,731
93%
7%
$300/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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4104 Norfolk Bay Ct | Property Details | No Agent List