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B+
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$1,285,000

5920 Henslee Ct, Granbury, TX, 76049

$1,311,747 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$375.63 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters, Private Entrance, Private Yard, Storage
Lot Size1.71 acres

Building Information

Year Built1997
Stories1
Garage Spaces4

Land Information

APN20239.003.0130.0
SubdivisionCountry Meadows
Land UseResidential
Legal DescriptionACRES: 1.710 TRACT: HIDEAWAY HILLS ABST: J HIGGINS - ABST 239
Census Tract160204
Assessment Year2024

About this property

Featuring TWO homes, on 2.09 acres, with no HOA, on MAIN BODY of lake, with gated entrance, & low taxes outside city limits. Main home boasts 3,594sqft & the guest home offers 2,613sqft. New floors, fresh paint, and some cosmetic updating has just been completed. Property is a great candidate for AirBnB or VRBO with direct water access! Short term rental analysis provided by Skyview Vacations shows revenue between $120,000-$192,000 (documents available upon request). This one-owner gem sits on the deep water of Lake Granbury, was constructed with enduring quality on 31 concrete piers to bedrock, 6’’ studs, stone walls, & meticulously maintained. Class 4 roof installed Oct 2023 and bathrooms were recently updated. Low utilities with a water well drilled to 2nd Trinity (520ft), two septic systems, & all electric buildings ($260 avg utility on main home). Perched amid mature trees, you get breathtaking lake views from multiple vantage points inside & out. Would be perfect for guests, mother-in-law quarters, multi-gen family, or keep as rental. Mineral rights CONVEY. The guest home is currently rented for $2700 per month on a month to month lease. Property appraised for $1,650,000 in 2024. Owners can be creative in financing and are willing to paint the interior of the main home to the buyer's choosing as well as provide a 1 year membership to Harbor Lakes Golf Course with an acceptable offer.

Investor Tools

Property Icon
$1,285,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,285,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,311,746
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,886
$664,554
2024
N/A
N/A
$934,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,886
$664,554

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,285,000
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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5920 Henslee Ct | Property Details | No Agent List