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B+
NoAgentList RatingHow are grades calculated? Info
Days32Days on Market
Views1view
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$314,000

$329,000

623 Newlin Ln, Granbury, TX, 76048

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,758 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.61 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN12385.007.0012.1
Lot Number12
SubdivisionThe Hills Of Gby
Land UseResidential
Legal DescriptionLOT: 12 BLK: 7 SUBD: THE HILLS OF GBY PH V
Census Tract160212
Assessed Land Value$28,000
Assessed Improvement Value$278,990
Assessment Year2025

About this property

Room To Grow - Nice & well maintained brick home on a large lot featuring a 20x30 metal shop building, separate storage, large covered patio, fenced yard & landscaping. Features a split bedroom arrangement, 2 separate dining areas, wood burning fireplace. Located in a well established neighborhood that is peaceful & semi-private. Conveniently located near town, schools & shopping.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$94,250Estimated Mortgage Balance
$272,954Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

Interested in this property?

Lee Overstreet

Winston Properties, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$432
$306,941
2025
$28,000
$278,990
$306,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$432
$306,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Unknown
$94,250
No
First
Jan 23, 2009
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,590
$271,410
83%
16%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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623 Newlin Ln | Property Details | No Agent List