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$608,920

NAL Estimated Property Value

4518 E Us Highway 377, Granbury, TX, 76049

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,644 Sq Ft
BusinessBusiness
price_per_sqft$304.14 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile

Exterior

Lot Size1.22 acres

Building Information

Year Built1983
Stories1

Land Information

APN17913.001.0001.0
Lot Number1
SubdivisionAngies Alley
Land UseCommercial
Legal DescriptionACRES: 1.222 LOT: 1 BLK: 1 SUBD: ANGIES ALLEY
Census Tract160217
Assessed Land Value$372,610
Assessed Improvement Value$236,310
Assessment Year2025

About this property

LOCATION! LOCATION! Incredible opportunity to own an income producing property with high traffic, HWY 377 frontage! Close proximity to several new housing developments, retail, shopping, entertainment and Lake Granbury. Current lease is a popular taco and daquiri shop with drive thru and dine in options. Was previously home to a nationally known rental car company. Lots of opportunity for growth and expansion.

Investor Tools

Property Icon
$608,920
Estimated Property Value
$18,076Estimated Mortgage Balance
$590,844Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,654 /month
Positive
Cash Flow Estimate:
$1,218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,058/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,646
$608,920
2025
$372,610
$236,310
$608,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,646
$608,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank
Open End Mortgage / Open End With Future Advance Clause
$25,000
No
First
Oct 5, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,076
$590,844
97%
3%
$184/mo

Learn About the Market: Opportunity in Texas

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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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4518 E Us Highway 377 | Property Details | No Agent List