$143,000
NAL Estimated Property Value720 Wright Ct, Granbury, TX, 76048
$153,409 ARV
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
AppliancesElectric Cooktop, Gas Cooktop, Gas Range
FlooringCarpet, Laminate
Exterior
Lot Size14,985 sqft
Building Information
Year Built1988
Stories1
Garage Spaces1
Land Information
APN15690.002.0007.0
Lot Number7
SubdivisionKennington Addition
Land UseResidential
Legal DescriptionACRES: 0.344 LOT: 7 BLK: 2 SUBD: HUGH ROE ADDITION
Census Tract160303
Assessed Land Value$50,000
Assessed Improvement Value$93,000
Assessment Year2025
About this property
Rare find, this home actually sits in the county not the city limits of Granbury. This home features a large shop that you could run a home business out of or just use as a workshop. The home itself is in good shape with three bedrooms and two baths with a great layout. With upgraded flooring throughout the home would it make a great rental property or homestead. With a sprawling back patio, you can enjoy the large back yard. You will not find a more convenient location to town without paying city taxes.
Investor Tools
$143,000
Estimated Property Value
$250,774Estimated Mortgage Balance
$143,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$153,409
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,715
$143,000
2025
$50,000
$93,000
$143,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,715
$143,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Granbury
Commercial
$280,000
No
First
Dec 16, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,774
N/A
0%
175%
$1,679/mo
