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$186,000

NAL Estimated Property Value

5517 Water View Dr, Granbury, TX, 76048

$220,022 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.87 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBoat Slip, Dock, Storage

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN11121.001.0003.0
Lot Number3
SubdivisionBallard S Addition
Land UseResidential
Legal DescriptionLOT: 3 BLK: 1 SUBD: ARROWHEAD SHORES SEC A & TEX0366268
Census Tract160216
Assessed Land Value$35,000
Assessed Improvement Value$74,710
Assessment Year2025

About this property

Interior painting to be completed this week in living, dining and kitchen...watch for new photos of the updates! New year, new address?? Maybe you are looking for that perfect WATER FRONT spot to enjoy. Here it is! Perfect for fishing, boating, enjoying the lake life. Covered boat slip with lift and a lakeside patio for cleaning fish! Seller willing to offer seller concession for updates etc... bring your offer! This is an ideal home for that first time buyer that needs everything! Home is furnished for you! Seller willing to negotiate contribution for closing costs, repairs, updates, etc. Are you looking for a home on the lake? Maybe an Air BnB? or just a weekend place to enjoy some fishing and fun? This could be yours! This home is being sold furnished and equipped with kitchen accessories, all appliances, furnishings in the home. 3 bedrooms and 2baths plus an enormous living room that will accommodate plenty of family and friends! A covered boat slip with a lift, a covered deck and additional covered patio as well as yard space and storage units. In need of some updates and minor repairs but is in good condition. Come see this cute lakefront home and make it yours today. Spring is just around the corner and you will be glad to have your own home on the lake for fishing, fun, lakefront living!

Investor Tools

Property Icon
$186,000
Estimated Property Value
$177,860Estimated Mortgage Balance
$8,140Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$220,022
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$824
$109,710
2025
$35,000
$74,710
$109,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$824
$109,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$180,500
No
First
Jul 11, 2025
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,860
$8,140
4%
96%
$1,083/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.

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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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5517 Water View Dr | Property Details | No Agent List