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$775,000

504 Panama Ct, Granbury, TX, 76048

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$465.75 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesDock, Rain Gutters
Lot Size27,042 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN15040.001.0019.0
Lot Number19
SubdivisionThe Shores
Land UseResidential
Legal DescriptionLOT: 19 BLK: 1 SUBD: THE SHORES
Census Tract160206
Assessed Land Value$420,000
Assessed Improvement Value$344,700
Assessment Year2025

About this property

Welcome to 504 Panama Ct., a charming 3-bedroom, 2-bath home with a 2-car garage tucked into a quiet Granbury cul-de-sac. The property features an expansive 168 ft. seawall and sits right on Lake Granbury. This comfortable layout offers an inviting living area, a functional kitchen, a glassed-in back porch with its own window unit, and good-sized bedrooms that provide space for everyone. The home is ready for your updates and personal style—an ideal opportunity for buyers who want to customize their space. Step outside to enjoy a very large backyard that offers room to relax, garden, create the outdoor setup you’ve been dreaming of, look across the lake at the historic courthouse, or take a sunset cruise from your dock. There is additional parking for your toys, a fenced backyard, an extra patio out back, and a concrete walkway leading to the dock. Mature, producing pecan trees add to the appeal. Come see this one before it is too late!

Investor Tools

$0Estimated Mortgage Balance
$764,700Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

Interested in this property?

Cyndy Allert

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$764,700
2025
$420,000
$344,700
$764,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$764,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$764,700
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.

Explore Texas Explore This Area
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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