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Days32Days on Market
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$450,000

703 N Avalon Court, Granbury, TX, 76048

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,974 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$227.96 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Wood

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN17003.002.0033.0
Lot Number33R1
SubdivisionAvalon Addition
Land UseResidential
Legal DescriptionLOT: 33R1A & 5 FT BLK: 2 SUBD: AVALON ADDITION
Census Tract160206
Assessed Land Value$45,000
Assessed Improvement Value$322,170
Assessment Year2025

About this property

Welcome to this completely remodeled 3-bedroom, 2-bath townhome that blends refined design with effortless lakeside living. Located in a low-maintenance community where the HOA handles yard care, residents also enjoy access to a pool and day dock on the lake. Step inside to discover a thoughtfully curated interior featuring high-end finishes, tasteful design selections, and an abundance of unique textures throughout. Exquisite light fixtures serve as statement pieces, adding warmth and character to every space while enhancing the home’s modern elegance. Out back, a private oasis awaits. The beautifully landscaped backyard offers a tranquil water fountain, pergola for shaded entertaining, and peaceful lake views—perfect for morning coffee or relaxing evenings. This home is a rare combination of luxury, comfort, and lock-and-leave convenience, ideal for full-time living or a weekend retreat. Every detail has been carefully considered—this one truly stands apart.

Investor Tools

$189,579Estimated Mortgage Balance
$177,591Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Ben Holmes

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,930
$367,170
2025
$45,000
$322,170
$367,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,930
$367,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$215,600
No
First
Mar 20, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,579
$177,591
48%
52%
$1,293/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.

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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703 N Avalon Court | Property Details | No Agent List