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$339,420

505 S Morgan Street, Granbury, TX, 76048

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,143 Sq Ft
Mixed UseMixed Use
price_per_sqft$144.36 / sqft
Year BuiltBuilt in 1952

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
FlooringCarpet, Laminate, Other

Exterior

Lot Size22,477 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN15710.139.0000.1
Lot Number1
SubdivisionThrash
Land UseResidential
Legal DescriptionACRES: 0.516 LOT: 1 BLK: 139 SUBD: THRASH
Census Tract160100
Assessed Land Value$157,340
Assessed Improvement Value$182,080
Assessment Year2025

About this property

Exceptional location on Morgan St, surrounded by retail and professional buildings, great traffic, high visibility on a large corner lot offers easy access For parking from side street. Tons of room on this double lot for expansion, older home has good bones and would update beautifully, Currently zoned Residential this property would work for any number of commercial applications.

Investor Tools

Property Icon
$339,420
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,037 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,377
$339,420
2025
$157,340
$182,080
$339,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,377
$339,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Live Oak Banking Company
Commercial
$875,000
No
First
Dec 5, 2025
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$868,655
N/A
0%
256%
$5,247/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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505 S Morgan Street | Property Details | No Agent List