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$405,000

5711 Cortez Dr, Granbury, TX, 76049

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,142 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.08 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN11643.000.0300.0
Lot Number300
SubdivisionDecordova Bend Est
Land UseResidential
Legal DescriptionLOT: 300 SUBD: DECORDOVA BEND EST UN 3
Census Tract160213
Assessed Land Value$40,000
Assessed Improvement Value$294,320
Assessment Year2025

About this property

Located on a corner lot shaded by large trees, this home features two circle driveways and a welcoming front porch. Inside, you'll find a wood-burning fireplace in the living area, granite countertops with custom wood cabinets in the kitchen, and a spacious laundry room with pantry storage. Updates include a new roof in 2023, two new water heaters in 2024, kitchen appliances in 2021, a new disposal in 2021, new tile flooring in 2021, luxury wood vinyl flooring in the bedrooms, new storm doors, and HVAC from 2013. The large garage has epoxy flooring with built-in shelving and a workbench. Outside, a storage shed sits in the backyard. Low utility bills round out this well-kept home.

Investor Tools

Property Icon
$377,000
Estimated Property Value
$0Estimated Mortgage Balance
$377,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

Interested in this property?

Debbie Roberts

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
$307/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$640
$334,320
2025
$40,000
$294,320
$334,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$640
$334,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,000
100%
0%
$0/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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5711 Cortez Dr | Property Details | No Agent List