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$311,740

NAL Estimated Property Value

5757 Parkside Court, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.52 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator
FlooringCeramic Tile, Vinyl

Building Information

Year Built1970
Stories1
Garage Spaces5

Land Information

APN11122.004.0025.0
Lot Number23-25
SubdivisionBallard S Addition
Land UseResidential
Legal DescriptionLOT: 23; 24 & 25 BLK: 4 SUBD: ARROWHEAD SHORES SEC B
Census Tract160216
Assessed Land Value$174,000
Assessed Improvement Value$137,740
Assessment Year2025

About this property

Wake up to water views every morning in this lakefront property nestled inside the sought after Arrowhead Shores community. Set on a generous lot with direct lake access, a boat dock structure and an unfinished exterior building already in place, this is a rare opportunity for someone with vision ready to put in the work and build serious equity in the process. Inside the open concept layout flows naturally from room to room with natural light pouring in and unobstructed water views stretching out from the great room. The property is being sold as is and is ready for the right buyer to come in and make it their own. The primary suite offers a soaking tub ensuite and plenty of space to customize. Secondary bedrooms are generously sized and flexible enough to accommodate family, guests or a short term rental setup once the work is done. Out back a private lakeside deck sits right on the water and gives you a front row seat to everything this lake has to offer whether that is morning coffee, sunset fishing or simply unwinding in a setting that is genuinely hard to replicate. Mature trees frame the lot and the direct water access makes this one worth a serious look. Priced to reflect the condition and the opportunity. Bring your contractor, bring your creativity and turn this into exactly what you want it to be. Full time residence, weekend getaway or income producing STR the bones and the location are already working in your favor

Investor Tools

Property Icon
$311,740
Estimated Property Value
$0Estimated Mortgage Balance
$311,740Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,870 /month
Positive
Cash Flow Estimate:
$623 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,738
$311,740
2025
$174,000
$137,740
$311,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,738
$311,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$311,740
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.

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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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5757 Parkside Court | Property Details | No Agent List