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$440,670

5501 Water View Dr, Granbury, TX, 76048

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.25 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

Exterior FeaturesBarbecue, Boat Slip, Built-in Barbecue, Dog Run, Outdoor Kitchen

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN11121.001.0011.0
Lot Number11
SubdivisionBallard S Addition
Land UseResidential
Legal DescriptionLOT: 11 BLK: 1 SUBD: ARROWHEAD SHORES SEC A & TEX0180999
Census Tract160216
Assessed Land Value$35,000
Assessed Improvement Value$405,670
Assessment Year2025

About this property

Summertime fun on Lake Granbury! This beautiful HUGE water front property with large deck overlooks the water and your own boat slip. With an outdoor kitchen, complete with a Jennaire grill, microwave, fridge, and granite countertops like this, you might not use the one inside. Hot tub makes for a nice addition to the patio. The outdoor fireplace with tile accents provides a warm and cozy place for those cooler evenings as we gear up to Spring and as Summer turns to Fall. The oversized back porch is also covered to provide more than ample shade. Headed down to the dock but don't want to get in the water? Don't worry the lower level deck is just the spot for you - covered or enjoy the sun deck. Recently replaced roof, nicely updated interior with fresh paint, new fixtures makes this a great weekend getaway or your new full time home. This home is not located in the flood plain. No flood insurance is currently required. Listing broker related to seller. Much of the furniture can convey.

Investor Tools

Property Icon
$440,670
Estimated Property Value
$0Estimated Mortgage Balance
$440,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,644 /month
Positive
Cash Flow Estimate:
$881 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,284
$440,670
2025
$35,000
$405,670
$440,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,284
$440,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$440,670
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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5501 Water View Dr | Property Details | No Agent List