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$280,000

NAL Estimated Property Value

8831 Massey Rd, Granbury, TX, 76049

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10 acres

Land Information

APN20459.000.0050.0
SubdivisionS B Patton - Abst 459
Land UseResidential
Legal DescriptionACRES: 10.000 ABST: S B PATTON - ABST 459
Census Tract160204
Assessed Land Value$280,000
Assessment Year2025

About this property

Located just 20 mins from the historic Downtown Granbury Square and 45 mins from Downtown Fort Worth with easy access to Chisholm Trail Parkway, this 10 acre tract would make an excellent home site or weekend getaway! With higher elevation than all the properties to the west towards the Brazos River, this tract offers great views of the Hood County countryside. Surrounded by larger acreage tracts (30-900+- acres), this tract feels larger than it is. The soft draw through the middle of the property features many hardwoods. Mature cedars at the back of the property provide additional privacy if you choose to keep them. Overhead electric already on the property. Gate at entry. Barbed wiring fencing along the eastern and souther boundaries of the property. Great Trinity Aquifer area for a well. Outside of city limits and ETJ.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$180,813Estimated Mortgage Balance
$99,187Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,166
$280,000
2025
$280,000
N/A
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,166
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grandview Bank
Purchase Money Mortgage
$192,000
No
First
Mar 29, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,813
$99,187
35%
65%
$1,152/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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8831 Massey Rd | Property Details | No Agent List