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Days31Days on Market
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$389,990

5111 Waterfield Drive, Granbury, TX, 76048

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.95 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range

Building Information

Garage Spaces2

Land Information

APN11361.000.0342.0
Lot Number342
SubdivisionCanyon Creek
Land UseResidential
Legal DescriptionLOT: 342 SUBD: CANYON CREEK UN 1
Census Tract160212
Assessed Land Value$14,000
Assessment Year2025

About this property

Welcome to your private retreat in the sought-after Canyon Creek community of Granbury. This stunning new construction home perfectly blends modern design with the natural beauty of its surroundings. Nestled on a beautifully wooded lot, you'll be greeted by a breathtaking treetop canopy that creates a peaceful, park-like setting and exceptional curb appeal unlike anything else in the neighborhood. Inside, the thoughtfully designed open-concept floor plan features soaring ceilings, abundant natural light, and designer finishes throughout. The spacious living area flows effortlessly into the gourmet kitchen and dining space, creating the perfect setting for entertaining guests or enjoying everyday life. One of the home's standout features is the **oversized garage**, offering ample space not only for vehicles but also for a workshop, hobby area, home gym, or additional storage for tools, outdoor equipment, and recreational gear. It's the perfect solution for homeowners who need flexibility without sacrificing living space. Step outside to discover your own private backyard oasis. Designed for both relaxation and entertaining, this tranquil outdoor retreat is surrounded by mature trees, creating a secluded atmosphere where you can enjoy morning coffee, evening gatherings, or simply unwind while taking in the beauty of nature. Located within the gated Canyon Creek community, residents enjoy access to neighborhood amenities including two boat ramps, a fishing pier, community pool, parks, playgrounds, sports courts, and convenient access to Lake Granbury. All of this is just minutes from the Historic Granbury Square, where you'll find charming boutiques, restaurants, live entertainment, and year-round community events. Come see why this home is unlike any other in Canyon Creek. Schedule a private showing today!

Investor Tools

Property Icon
$46,000
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
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Kacey Simmons

Powerstar Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$33/month
$160/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$168
$14,000
2025
$14,000
N/A
$14,000
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$168
$14,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Credit Line (Revolving) / Heloc
$268,020
No
First
Oct 31, 2025
Nov 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,895
N/A
0%
576%
$1,607/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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5111 Waterfield Drive | Property Details | No Agent List