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$119,170

605 Calinco Drive, Granbury, TX, 76048

$154,921 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,200 Sq Ft
OfficeOffice
price_per_sqft$158.25 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Other

Exterior

Lot Size18,731 sqft

Building Information

Year Built1968
Stories1

Land Information

APN13980.004.0001.4
SubdivisionSouthtown Plaza
Land UseCommercial
Legal DescriptionACRES: 0.430 BLK: 4 SUBD: SOUTHTOWN PLAZA TRACT: 1 S 125
Census Tract160206
Assessed Land Value$93,660
Assessed Improvement Value$25,510
Assessment Year2025

About this property

This is a move in ready commercial property with parking in front and rear (rear has a large chainlink fence around back for security) Currently being used as a beauty salon with 4 private rooms for stations for beauty shop. Each station has water and drainage to station. Waiting area, kitchenette, washer and dryer hookups, bathroom. This property could be used by doctor, dentist office, eye doctor, or office space as water and drainage can be removed from wall. This building was completely remodeled inside about 10 years ago. Many possibilities for usage. Outside has high fencing for security. Easy access to 377 Bypass. Salon equipment can be moved out. Can be multi use building.

Investor Tools

Property Icon
$119,170
Estimated Property Value
$0Estimated Mortgage Balance
$119,170Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$154,921
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,888
$119,170
2025
$93,660
$25,510
$119,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,888
$119,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$119,170
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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605 Calinco Drive | Property Details | No Agent List