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$15,000

NAL Estimated Property Value

5602 Murphy Ct, Granbury, TX, 76048

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Introducing an exceptional vacant lot opportunity near Lake Granbury! This expansive plot of land presents a blank canvas for your vision, whether it's for setting up a mobile home retreat or constructing your dream single-family house. Situated close to the tranquil shores of Lake Granbury, this property offers the promise of endless outdoor adventures and serene relaxation. With its prime location and versatile potential, this vacant lot is your chance to create the perfect haven just moments away from the beauty of the lake. Seize this opportunity to craft your ideal living space in this picturesque setting near Lake Granbury!

Investor Tools

Property Icon
$15,000
Estimated Property Value
$0Estimated Mortgage Balance
$15,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$21/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$180
$15,000
2025
$15,000
N/A
$15,000
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$180
$15,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$15,000
100%
0%
$0/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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5602 Murphy Ct | Property Details | No Agent List