3714 Utah Trl · Oak Trail Shores, TX 76048

$129,000

3 bd · 2.0 ba · 1,368 sqft · Manufactured public records · 223 Days on market

Built 1994 0.57 ac lot $94/sqft · 8% below area Est $140k · 8% under $4/mo HOA

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +11.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• Schools +4.0/10.0
• Livability +2.9/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

Key facts

• Two-car carport
• Detached office
• Rv pad

Tags

• DETACHED OFFICE
• GAME ROOM
• LOFTED STORAGE BUILDING
• COVERED CONCRETE STRUCTURE
• TWO-CAR CARPORT
• RV PAD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $129k.

Deal economics

• At list price, monthly cash flow is $535 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $129k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.3% vs local median 5.9% in Oak Trail Shores — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 58/100 on livability (#1,187 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety D+, schools F, amenities F.
• Granbury ISD (town): math 46% / reading 46% proficiency, ranked #237 of 826 in TX (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.1%/yr); 929 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 125 units permitted in Hood County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Hood County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.1% rent growth), your $36k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 223 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $113,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 223 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.35% ✓
• Cap rate: 11.27%
• Cash-on-cash: 17.77%
• DSCR: 1.79
• GRM: 6.2

CMA / ARV

• ARV (median comp): $139,999
• List price: $129,000
• Delta: -7.86%
• Verdict: FAIR
• Comps: 11 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3714 Utah Trl	0.00mi	3/2.0	1,368 (0%)	1mo	$129,000	$94	99
6111 New Mexico Trl	0.21mi	3/2.0	1,216 (-11%)	6mo	$125,000	$103	67
6032 Texas Trl	0.22mi	4/2.0 (+1)	1,475 (+8%)	6mo	$167,900	$114	67
6108 New Mexico Trl	0.15mi	3/2.0	1,456 (+6%)	19mo	$139,500	$96	67
5821 Arrowhead Dr	0.39mi	3/2.0	1,456 (+6%)	10mo	$170,000	$117	62
5528 Lake View Dr	0.63mi	3/2.0	1,310 (-4%)	2mo	$154,900	$118	62
5904 Flint Dr	0.41mi	4/2.0 (+1)	1,474 (+8%)	9mo	$205,000	$139	55
5714 Arkansas Trl	0.35mi	3/2.0	1,568 (+15%)	11mo	$125,000	$80	50
4016 Tennessee Trl	0.49mi	3/2.0	1,216 (-11%)	19mo	$147,900	$122	43
3302 Hilltop Ct	0.37mi	3/2.0	1,568 (+15%)	19mo	$115,000	$73	43
5730 Arrowhead Dr	0.40mi	3/2.0	1,568 (+15%)	18mo	$164,500	$105	42
5505 Highview	0.67mi	3/2.0	1,488 (+9%)	21mo	$160,000	$108	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.1% rent growth · sell at horizon

5-year hold

• IRR: 7.2%
• Equity multiple: 1.27×
• Total profit: $9,894
• Equity at exit: $19,234

10-year hold

• IRR: 14.8%
• Equity multiple: 2.10×
• Total profit: $39,558
• Equity at exit: $11,154

Cash invested: $36,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76048

• Home prices YoY: -23.4%
• Rents YoY: 1.1%
• Active inventory: 929
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,742 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$107 /mo · $1,288/yr
• Insurance: −$54
• HOA: −$4
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $535

Break-even live

Break-even rent $1,065

Max offer price $129,000

Occupancy floor 64%

Sensitivity live

Price	-10% $608	-5% $571	+0% $535	+5% $498	+10% $462
Rent	-10% $397	-5% $466	+0% $535	+5% $604	+10% $673
Rate	-1.0pp $600	-0.5pp $568	base $535	+0.5pp $502	+1.0pp $468

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4214 W Virginia Dr Granbury, TX	3.0	2.0	1064	$1,595	$1.50	44d	1	0.67mi
5418 Lake View Dr Granbury, TX	3.0	2.0	1284	$1,300	$1.01	44d	1	0.78mi

HOA detail

• Monthly dues: $4 · $48/yr
• Likely covers: pool

Listing history 24 events

1. 2026-05-13
   status Pending 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

2. 2026-05-05
   status Active 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

3. 2026-04-19
   historical Active Option Contract 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

4. 2026-03-27
   price $129,000 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

5. 2026-03-25
   status Active 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

6. 2026-03-24
   historical 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

7. 2025-10-01
   listed $135,000 Active 1258-char remark

   Show marketing remark (1258 chars)

   Welcome to 3714 Utah Trail, a fantastic 3-bedroom, 2-bathroom home in the Lake Granbury Harbor community offering comfort, space, and flexibility. This home sits on multiple lots! This spacious home features a bright, open layout with recent carpet and laminate flooring throughout. The kitchen offers abundant cabinet space, a breakfast bar, and a sunny dining area perfect for family meals. The primary suite includes a walk-in closet, dual vanities, and a separate tub and shower. Outside, enjoy multiple versatile outbuildings including a detached office or game room, a lofted storage building, and a covered concrete structure ideal for equipment or hobbies. The covered two-car carport adds extra storage and workspace, and with multiple lots included, there’s room to expand with an RV pad, garden, or additional improvements. Lake Granbury Harbor offers a range of amenities including a community pool, clubhouse, boat ramp, parks, and fishing spots perfect for year-round enjoyment. Whether you’re searching for a full-time residence, weekend retreat, or investment property, this home provides the space, storage, and opportunity to make it your own. Schedule your private showing today and experience the best of Lake Granbury living!

8. 2025-08-31
   historical
9. 2025-04-29
   price $139,900
10. 2025-01-05
    listed $145,000 Active
11. 2024-10-15
    historical
12. 2024-08-16
    status Active
13. 2024-08-15
    historical
14. 2024-07-26
    price $145,000
15. 2024-05-30
    price $155,000
16. 2024-04-22
    listed $160,000 Active
17. 2022-02-14
    soldstatus
18. 2013-05-13
    soldstatus Closed
19. 2013-05-06
    status Pending
20. 2013-05-01
    status Active Option Contract
21. 2013-05-01
    historical
22. 2013-04-04
    price $58,900
23. 2012-10-30
    listed $65,000 Active
24. 1982-10-25
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,288 · $107/mo
• Projected year-2 tax: $2,361 · $197/mo
• Expected delta: +$1,073/yr (+$89/mo · 83.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,909
• − Mortgage interest: −$7,226
• − Property taxes: −$1,288
• − Insurance: −$645
• − Repairs & maintenance: −$1,673
• − Management: −$1,673
• − HOA: −$48
• − Depreciation: −$3,753
• Taxable income: $4,604
• Est. tax owed @ 24.0%: −$1,105
• After-tax cash flow: $5,315/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Granbury ISD
• NCES district ID: 4821390
• Math proficiency: 46% ▬ 0.00%
• Reading proficiency: 46% ▲ 4.00%
• Median HH income: $55,856
• Composite: 40.04/100
• National rank: #3820
• State rank: #237 of 826 in TX

Livability — Oak Trail Shores

• Score: 58/100
• State rank: #1187
• US rank: #20758

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment F Housing A+ Health & safety D+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hood County · 58,506 people
• Metro: Granbury, TX
• Population (ZIP): 27,000
• Household income: $70,346
• Rent vs Own: 26.4% rent · 73.6% own
• Severe rent burden: 612.0

Population outlook (Hood County) Hauer SSP2

• Today (2025): 63,502 people
• By 2030: 67,459 · +6.2%
• By 2040: 74,958 · +18.0%
• By 2050: 81,922 · +29.0%
• By 2075: 98,872 · +55.7%
• By 2100: 107,796 · +69.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 14% Two or more races 11% Black 1%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Italian 2% Slovak 2% Portuguese 1%
• Foreign-born: 4% · Canada
• Languages at home: 89% English-only · Spanish 10%

Political lean MEDSL · Hood

• 2024 margin: Solid R (+66.0) · D 16.6% · R 82.6%
• 2008→2024 swing: -11.9pp toward R · 2008: -54.0pp · 2024: -66.0pp
• All cycles: 2024: R+66.0 2020: R+64.1 2016: R+66.5 2012: R+64.7 2008: R+54.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.25%
• Current HPI: 272.2126
• Rent YoY: ▲ 1.10%
• Metro: Granbury, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+98.5% since first listed

24 events — show timeline

• 2026-05-13 Pending — NTREIS
• 2026-05-05 Relisted — NTREIS
• 2026-04-19 Contingent — NTREIS
• 2026-03-27 Price Changed $129,000 NTREIS
• 2026-03-25 Relisted — NTREIS
• 2026-03-24 Listing Removed — NTREIS
• 2025-10-01 Listed $135,000 NTREIS
• 2025-08-31 Listing Removed — NTREIS
• 2025-04-29 Price Changed $139,900 NTREIS
• 2025-01-05 Listed $145,000 NTREIS
• 2024-10-15 Listing Removed — NTREIS
• 2024-08-16 Relisted — NTREIS
• 2024-08-15 Listing Removed — NTREIS
• 2024-07-26 Price Changed $145,000 NTREIS
• 2024-05-30 Price Changed $155,000 NTREIS
• 2024-04-22 Listed $160,000 NTREIS
• 2022-02-14 Sold (Public Records) — Public Records
• 2013-05-13 Sold (MLS) — NTREIS
• 2013-05-06 Pending — NTREIS
• 2013-05-01 Relisted — NTREIS
• 2013-05-01 Listing Removed — NTREIS
• 2013-04-04 Price Changed $58,900 NTREIS
• 2012-10-30 Listed $65,000 NTREIS
• 1982-10-25 Sold (Public Records) — Public Records

Property tax history

+3.7%/yr

Latest (2025): $1,288 · -1.1% YoY. Source: county tax records.