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$796,000

NAL Estimated Property Value

983 Whitehead Dr, Granbury, TX, 76048

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths8,440 Sq Ft
OfficeOffice
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCombination

Exterior

Lot Size40,380 sqft

Building Information

Year Built2003
Stories1

Land Information

APN17482.001.0001.0
Lot Number1
SubdivisionEmmitt Addition
Land UseCommercial
Legal DescriptionACRES: 0.927 LOT: 1 BLK: 1 SUBD: EMMITT ADDITION
Census Tract160206
Assessed Land Value$100,950
Assessed Improvement Value$695,050
Assessment Year2025

About this property

Photos are from a previous listing and are not actual photos of the units available. Currently there are three units available that can be used as one unit or separately. Position your business for success at 983 Whitehead Drive in Granbury! This well-maintained multi-tenant commercial office property offers an outstanding opportunity for investors or owner-users seeking a professional office environment in one of Granbury’s established business districts. Built in 2003, the approximately 8,400-square-foot office building features multiple office suites with flexible floor plans to accommodate a variety of professional, medical, administrative, or service-based businesses. The property offers ample on-site parking, attractive brick construction, separate electrical service for each suite, and convenient access to US Highway 377 and Historic Downtown Granbury. Located among other medical and professional offices, this property provides excellent accessibility, and long-term investment potential. Whether you’re expanding your business or adding to your commercial portfolio, 983 Whitehead Drive is a rare opportunity in the growing Granbury market.

Investor Tools

Property Icon
$796,000
Estimated Property Value
$1,126,568Estimated Mortgage Balance
$796,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,776 /month
Positive
Cash Flow Estimate:
$1,592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,610
$796,000
2025
$100,950
$695,050
$796,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,610
$796,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Credit Line (Revolving) / Heloc
$100,000
No
First
Jun 19, 2017
Jun 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,126,568
N/A
0%
142%
$7,627/mo

City: Granbury

983 Whitehead Dr | Property Details | No Agent List