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$227,900

5503 Lake View Dr, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,876 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$121.48 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage

Building Information

Year Built1999
Stories1

Land Information

APN11121.003.0046.0
Lot Number46,45
SubdivisionBallard S Addition
Land UseResidential
Legal DescriptionLOT: 46 & 45 BLK: 3 SUBD: ARROWHEAD SHORES SEC A & RAD1168054/55
Census Tract160216
Assessed Land Value$24,000
Assessed Improvement Value$97,220
Assessment Year2025

About this property

Check out this clean and well-kept 3 bedroom, 2 bath home. This home sits across two large lots with a fenced yard, storage shed for lawn equipment and approx. 23 x 15 workshop with electric. There is a two-car carport, a detached garage and additional 48 ft concrete pad for RV or additional parking. Great storage and plenty of room for all of your toys! Large kitchen with good counter and cabinet space, pantry and island. Large bedrooms. Primary bedroom has a 12x10 sitting area that would make a great office or second living room. Living room has a fireplace. Full size utility room with room for a freezer. Great screened in porch for relaxing and entertaining. Arrowhead Shores Owners Association has a community room, swimming pool, park, and boat ramp. Come see it!

Investor Tools

Property Icon
$212,000
Estimated Property Value
$219,942Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,367 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$697
$121,220
2025
$24,000
$97,220
$121,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$697
$121,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$219,942
Yes
First
May 2, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,686
N/A
0%
196%
$2,638/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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