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$249,000

5705 Barkridge Drive, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.95 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APN11370.000.0051.0
Lot Number51
SubdivisionCanyon Creek
Land UseResidential
Legal DescriptionLOT: 51 SUBD: CANYON CREEK V UNIT 9
Census Tract160212
Assessed Land Value$11,200
Assessed Improvement Value$162,470
Assessment Year2025

About this property

Welcome to this beautifully crafted new construction by West River Homes, located in the desirable gated community of Canyon Creek on Lake Granbury. This 3-bedroom, 2.5-bath home is thoughtfully designed for modern living, featuring an open-concept layout, spacious kitchen with granite countertops, stainless steel appliances, and a large island perfect for gathering. The private primary suite offers a peaceful retreat with a luxurious en-suite bath and walk-in closet, while two additional bedrooms and a half bath provide space for family or guests. Quality finishes, energy-efficient design, and stylish details make this home move-in ready and built to last. Located just minutes from the lake, you’ll enjoy all the perks of Canyon Creek—including gated security, community pool, clubhouse, boat ramps, fishing pier, and more. Whether you're looking for a full-time residence or a weekend escape, this home delivers lake life with comfort and convenience.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$0Estimated Mortgage Balance
$6,005Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
$26/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,083
$173,670
2025
$11,200
$162,470
$173,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,083
$173,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$247,350
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,995
$6,005
2%
98%
$1,483/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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