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$349,900

602 Parker Ln, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.96 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN12385.007.0025.0
Lot Number25
SubdivisionThe Hills Of Gby
Land UseResidential
Legal DescriptionLOT: 25 BLK: 7 SUBD: THE HILLS OF GBY PH V
Census Tract160212
Assessed Land Value$28,000
Assessed Improvement Value$336,140
Assessment Year2025

About this property

Fantastic opportunity to own a great home in a nice subdivision, on large fenced lot within 5-8 minutes to town & everything you need! New roof Summer '21 & luxury vinyl flooring too! Open concept, ventless fireplace, built in shelf in living room, one dinning area fits a long table for those special meals, separate laundry area & pantry, living space has 3 bedrooms, 2 full baths, study that can be used as a bedroom if needed. Primary bedroom is huge with space for a reading nook or exercise equipment, the bathroom offers a separate bath & tub & 2 closets. As you go outside, you will enjoy a covered patio area & super spacious backyard with plenty of room for chickens or goats to roam. No HOA, they are allowed! You can park your RV or boat too! Currently there is a cemented gate & posts ready for some type of fencing for a dog run, garden, goats or chickens...best of both worlds, country living in a neighborhood with nearby conveniences! Children may attend Mambrino STEAM Academy!

Investor Tools

Property Icon
$393,000
Estimated Property Value
$235,500Estimated Mortgage Balance
$160,246Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,267
$364,140
2025
$28,000
$336,140
$364,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,267
$364,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Xpert Home Lending Inc
Conventional
$235,500
No
First
Sep 9, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,754
$160,246
40%
59%
$1,412/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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602 Parker Ln | Property Details | No Agent List