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$241,000

NAL Estimated Property Value

7940 Wheeler Court, Granbury, TX, 76049

$271,504 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,394 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.87 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesOther

Exterior

Exterior FeaturesAwning(s), RV Hookup, Storage, Other
Lot Size1.88 acres

Land Information

APN20758.000.0210.0
Land UseVacant Residential Platted Lots/Tracts
Legal DescriptionACRES: 1.879 ABST: V T MEREDITH - ABST 758
Census Tract160204
Assessed Land Value$41,340
Assessment Year2024

About this property

If you are looking for the peace and tranquility of country living while still close to all the amenities of Granbury, this is it! 10 ag exempt acres with plenty of space for your animals to roam, recreational activities, several build sites or income producing possibilities. The opportunities are endless! The recently remodeled home offers amazing porch views for relaxing. 2 bedrooms, 1 bath with a flex space that could be used as a bedroom or office. The remodel is almost complete and ready for your finishing touches. Just off the side is approx 700 sf slab with plumbing that was going to be an add on. 1200 sf shop with massive covered awning that includes RV hook ups and training pens off to the side. 15 minutes to Lake Granbury and the Historic Granbury Square.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$271,503
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$494
$41,340
2024
$41,340
N/A
$41,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$494
$41,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
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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7940 Wheeler Court | Property Details | No Agent List