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$420,000

NAL Estimated Property Value

702 Grandview Drive, Granbury, TX, 76049

$511,041 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,460 Sq Ft
price_per_sqft$150 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN13043.008.0003.0
Lot Number3
SubdivisionLakewood Hills
Land UseResidential
Legal DescriptionLOT: 3 BLK: 8 SUBD: LAKEWOOD HILLS SEC 3
Census Tract160218
Assessed Land Value$70,000
Assessed Improvement Value$314,440
Assessment Year2025

About this property

MULTIPLE OFFERS! DEADLINE SUNDAY AUG. 1 By 2 p.m. Well-maintained home in Lakewood Hills with no HOA! Conveniently located! 5 minutes from boat ramp and historical downtown square! Subdivision has the Granbury Country Club and golf course! This open concept home offers double crown molding in entry, dining, living room, kitchen and breakfast nook. Newer carpet in 3 bedrooms! Engineered wood floors in other areas along with gorgeous tile selections! Kitchen offers granite counter tops, double oven, stainless steel appliances with new dishwasher. Outdoor features includes 6 car driveway, side entry garage, smart sensor sprinkler system, exterior access to new water heater, storage shed and screened in patio.

Investor Tools

Property Icon
$420,000
Estimated Property Value
$280,194Estimated Mortgage Balance
$139,806Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$511,041
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,610
$384,440
2025
$70,000
$314,440
$384,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,610
$384,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$308,000
No
First
Aug 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,194
$139,806
33%
67%
$1,847/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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702 Grandview Drive | Property Details | No Agent List