Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$280,360

NAL Estimated Property Value

909 Penrod Dr, Granbury, TX, 76048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.95 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Electric Water Heater, Water Heater
FlooringCeramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built1971
Stories1
Garage Spaces3

Land Information

APN15640.005.0003.0
Lot Number3
SubdivisionMeadow Heights
Land UseResidential
Legal DescriptionLOT: 3 BLK: 5 SUBD: MEADOW HEIGHTS
Census Tract160100
Assessed Land Value$36,000
Assessed Improvement Value$244,360
Assessment Year2025

About this property

Enjoy the Texas summers in this backyard oasis with inground pool and hot tub in the coveted neighborhood of Meadows Heights. This 3 bedroom 1.5 home is close to the square and all it's amenities. Extra large insulated detached garage, 600 sqft, that would also make the perfect mother in law suite with it's own electric meter. Additional large insulated storage building with upstairs loft and electricity. Has a small dog run at back of property. 1 year old roof and new DE pool filter system, fresh exterior paint and new facia. **Multiple offers, highest and best by Thursday at 5pm.

Investor Tools

Property Icon
$280,360
Estimated Property Value
$179,201Estimated Mortgage Balance
$101,159Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,682 /month
Positive
Cash Flow Estimate:
$561 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,441
$280,360
2025
$36,000
$244,360
$280,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,441
$280,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$195,500
No
First
Dec 29, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,201
$101,159
36%
64%
$1,173/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

909 Penrod Dr | Property Details | No Agent List