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$164,900

$189,900

508 Lilac Drive, Granbury, TX, 76049

On MarketInfo
Just AddedInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,963 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesNone
FlooringLaminate, Linoleum

Exterior

Exterior FeaturesOther
Lot Size30,492 sqft

Building Information

Year Built1980
Stories1

Land Information

APN11920.002.0010.0
Lot Number10
SubdivisionEastwood Village
Land UseResidential
Legal DescriptionACRES: 0.700 LOT: PT 10 BLK: 2 SUBD: EASTWOOD VILLAGE
Census Tract160204
Assessed Land Value$36,000
Assessed Improvement Value$159,910
Assessment Year2025

About this property

Three bedroom, two bathroom home in Eastwood Village on the west side of Granbury. Features include a covered front porch overlooking the tree shaded front lawn, carport and additional parking opportunities for RV and boat on the lot, large covered patio with owners suite patio door access and screened in area with hot tub to enjoy, dog run and kennel set area set up, small workshop area with electric. Living area with woodburning stove and great natural lighting. Island kitchen with abundant cabinetry.

Investor Tools

Property Icon
$184,416
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
$1,106 /month
Positive
Cash Flow Estimate:
$369 /month

Interested in this property?

Scott Kirkpatrick

Cowtown Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$49
$184,416
2025
$36,000
$159,910
$195,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$49
$184,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usda
Fha
$375,000
Yes
First
Aug 25, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,492
N/A
0%
185%
$2,249/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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508 Lilac Drive | Property Details | No Agent List