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$96,110

NAL Estimated Property Value

6420 & 6416 Summit Road, Granbury, TX, 76048

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths14,068 Sq Ft
price_per_sqft$33.76 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size24,394 sqft

Building Information

Year Built1985
Stories1

Land Information

APN20001.000.0670.1
SubdivisionW Adams - Abst 1
Land UseCommercial
Legal DescriptionACRES: 0.560 ABST: W ADAMS - ABST 1
Census Tract160212
Assessed Land Value$19,600
Assessed Improvement Value$76,510
Assessment Year2025

About this property

Investment OPPORTUNITY!! Tremendous land value in this highly visible corner acreage with road frontage on both sides. Fantastic location off Mambrino Hwy and Summit Rd, close to the back gate of Pecan Planation. 3 buildings making up 56 storage units and 3 offices. Offices are currently used as storage units as well. Existing units takes up about 1 acre of the total 2.57 acres. Additional storage units, RV storage, or even duplexes could be built on the approximately 1.5 acres that is not yet developed. There is also a billboard on property managed by Arrington that provides income. A little TLC and creativity would make this a great investment. Potential for future commercial development on this highly visible corner. Current gross rental income is approximately $33,000 annually per sellers with 90-95% occupancy. Avg per unit is $44. Plenty of room to increase rent. Unit sizes range from 8X12 to 12X30.

Investor Tools

Property Icon
$96,110
Estimated Property Value
$0Estimated Mortgage Balance
$96,110Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,153
$96,110
2025
$19,600
$76,510
$96,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,153
$96,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,110
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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6420 & 6416 Summit Road | Property Details | No Agent List