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$274,750

5609 Thunderbird Court 6B, Granbury, TX, 76049

$297,446 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,290 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$212.98 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile

Building Information

Year Built1976
Stories2

Land Information

APN11840.000.0006.3
Lot Number6D
SubdivisionThunderbird Cove
Land UseResidential
Legal DescriptionLOT: 6D SUBD: THUNDERBIRD COVE 1/17 UND INT IN 2.4 20 AC TOWNHOMES
Census Tract160204
Assessed Land Value$65,000
Assessed Improvement Value$279,860
Assessment Year2025

About this property

Condo located in the golf cart community of DeCordova Bend Estates. This gem offers Lake Granbury water views from both upper and lower decks, lake access by foot, 2 golf courses, pickleball, tennis, playground, marina, country club, driving range, community pool & dedicated boat slip. Upstairs features large master suite with water views, 2nd bedroom with a built-in Murphy bed doubles as an office space or guest room, a shared access bathroom and closets galore for storing all of your lake day towels and supplies. A 3rd bedroom & 2nd bathroom are downstairs. Open concept living area with a fun, new feature wall, tons of natural light, fresh white paint throughout & all new modern light fixtures. Brand new HVAC unit with smart thermostat. 2 covered parking spots + covered boat dock just off the mainbody of the lake. Condo fees of $400 pm cover water-sewer-garbage, exterior landscape & grounds keeping, boat dock liability insurance+several beautification projects planned for 2023.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$0Estimated Mortgage Balance
$146,259Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$297,446
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,135
$344,860
2025
$65,000
$279,860
$344,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,135
$344,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Conventional
$248,000
No
First
Aug 28, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,741
$146,259
37%
63%
$1,487/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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5609 Thunderbird Court 6B | Property Details | No Agent List