332 Azalea Trl · Pecan Plantation, TX 76048

$204,990

4 bd · 2.0 ba · 1,510 sqft · Land · 176 Days on market

Built 2025 6,970 sqft lot $136/sqft · 10% below area Est $229k · 10% under $67/mo HOA · 3% of rent ↓ 15% since listing

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Why this score? — see what drove the C- 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 +18.1/30.0
• ARV discount +12.1/15.0
• DSCR +5.7/10.0
• 1% rule +5.3/10.0
• Schools +4.0/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

Key facts

• 6,970 sq ft lot
• 2 garage spots
• Built 2025

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $205k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $205k).
• Recommended offer: $180k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 2.3% in Pecan Plantation — 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 70/100 on livability (#362 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools D+, health & safety D+, 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; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 125 units permitted in Hood County in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 176 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $41k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $180,391 (12.0% below list)

Questions for the listing agent

1. It's been on market 176 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 D-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: 1.03% ✓
• Cap rate: 7.35%
• Cash-on-cash: 3.76%
• DSCR: 1.17
• GRM: 8.1

CMA / ARV

• ARV (median comp): $228,589
• List price: $204,990
• Delta: -9.01%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -12.6%
• Equity multiple: 0.55×
• Total profit: $-25,633
• Equity at exit: $30,565

10-year hold

• IRR: -6.8%
• Equity multiple: 0.60×
• Total profit: $-22,870
• Equity at exit: $17,724

Cash invested: $57,397 (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: 8.1×

Monthly cashflow live

• Estimated rent: $2,106 high
• Mortgage (P&I): −$1,075
• Tax est. 1.5%: −$256 /mo · $3,075/yr
• Insurance: −$85
• HOA: −$67
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $180

Break-even live

Break-even rent $1,878

Max offer price $204,990

Occupancy floor 86%

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: $51,248
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
350 Azalea Trl Granbury, TX	4.0	2.0	1510	$2,000	$1.32	44d	1	0.02mi
150 Bluebonnet Way Granbury, TX	4.0	2.5	2203	$2,095	$0.95	5d	1	0.04mi
3802 Juniper Ct Granbury, TX	3.0	2.0	1700	$1,900	$1.12	44d	1	0.44mi
3705 Mandy Dr #2 Granbury, TX	3.0	1.0	1158	$1,400	$1.21	24d	1	0.94mi
3712 Mandy Dr Unit 1 Granbury, TX	3.0	1.0	1112	$1,300	$1.17	19d	1	1.00mi
3712 Mandy Dr Unit 2 Granbury, TX	3.0	1.0	1158	$1,300	$1.12	22d	1	1.00mi
6505 Christa Ct Granbury, TX	3.0	2.0	1368	$2,700	$1.97	44d	1	1.43mi

HOA detail

• Monthly dues: $67 · $804/yr

Listing history 33 events

1. 2026-06-18
   days on market $204,990 Active 176 DOM
2. 2026-06-17
   price $204,990 Active 175 DOM
3. 2026-06-17
   days on market $207,990 Active 175 DOM
4. 2026-06-16
   days on market $207,990 Active 174 DOM
5. 2026-06-15
   price $207,990 Active 173 DOM
6. 2026-06-15
   days on market $208,990 Active 173 DOM
7. 2026-06-13
   statusdays on market $208,990 Active 171 DOM
8. 2026-05-14
   price $208,990 822-char remark

   Show marketing remark (763 chars)

   Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

9. 2026-05-14
   price $208,990 763-char remark

   Show marketing remark (763 chars)

   Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

10. 2026-04-13
    price $209,990 822-char remark

    Show marketing remark (822 chars)

    MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

11. 2026-04-11
    price $209,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

12. 2026-04-03
    price $212,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

13. 2026-04-03
    price $212,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

14. 2026-03-25
    price $217,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

15. 2026-03-25
    price $217,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

16. 2026-03-11
    price $222,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

17. 2026-03-11
    price $222,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

18. 2026-03-06
    price $226,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

19. 2026-03-06
    price $226,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

20. 2026-03-04
    price $229,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

21. 2026-03-04
    price $229,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

22. 2026-02-27
    price $228,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

23. 2026-02-27
    price $228,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

24. 2026-02-11
    price $229,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

25. 2026-02-11
    price $229,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

26. 2026-02-06
    price $241,990 822-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

27. 2026-02-06
    price $241,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

28. 2026-01-26
    price $242,990 822-char remark

    Show marketing remark (822 chars)

    MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

29. 2026-01-24
    price $242,990 763-char remark

    Show marketing remark (763 chars)

    Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you'll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

30. 2026-01-15
    price $244,990 763-char remark

    Show marketing remark (822 chars)

    MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

31. 2026-01-15
    price $244,990 822-char remark

    Show marketing remark (822 chars)

    MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

32. 2025-12-03
    listed $245,544 Active 763-char remark

    Show marketing remark (822 chars)

    MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

33. 2025-12-03
    listed $245,544 Active 822-char remark

    Show marketing remark (822 chars)

    MLS# 21124745 - Built by NHC - Ready Now! ~ Model 1510 B1 - Lincoln The Lincoln Plan from our Liberty Series offers the perfect combination of efficiency, comfort, and value. This single-story home features 4 bedrooms, 2 bathrooms, a 2-car garage, and 1,510 square feet of thoughtfully designed living space. Upon entering, you’ll find three secondary bedrooms, a full-size bathroom, and a conveniently located laundry room. The heart of the home is the open-concept kitchen, which overlooks the dining area and spacious family room, making it perfect for hosting or everyday living. Toward the back of the home, the primary suite provides a private retreat, complete with an en suite bathroom. Access to the primary suite is conveniently located just off the living room, ensuring privacy and easy access.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,270
• − Mortgage interest: −$11,483
• − Property taxes: −$3,075
• − Insurance: −$1,025
• − Repairs & maintenance: −$2,022
• − Management: −$2,022
• − HOA: −$804
• − Depreciation: −$5,963
• Taxable loss: −$1,123
• Est. tax savings @ 24.0%: +$269
• After-tax cash flow: $2,429/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 — Pecan Plantation

• Score: 70/100
• State rank: #362
• US rank: #7773

Category grades

Amenities F Commute F Cost of living B+ Crime A+ Employment A+ 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

-14.9% since first listed

26 events — show timeline

• 2026-05-14 Price Changed $208,990 NTREIS
• 2026-05-14 Price Changed $208,990 Zillow
• 2026-04-13 Price Changed $209,990 NTREIS
• 2026-04-11 Price Changed $209,990 Zillow
• 2026-04-03 Price Changed $212,990 NTREIS
• 2026-04-03 Price Changed $212,990 Zillow
• 2026-03-25 Price Changed $217,990 NTREIS
• 2026-03-25 Price Changed $217,990 Zillow
• 2026-03-11 Price Changed $222,990 NTREIS
• 2026-03-11 Price Changed $222,990 Zillow
• 2026-03-06 Price Changed $226,990 NTREIS
• 2026-03-06 Price Changed $226,990 Zillow
• 2026-03-04 Price Changed $229,990 NTREIS
• 2026-03-04 Price Changed $229,990 Zillow
• 2026-02-27 Price Changed $228,990 NTREIS
• 2026-02-27 Price Changed $228,990 Zillow
• 2026-02-11 Price Changed $229,990 NTREIS
• 2026-02-11 Price Changed $229,990 Zillow
• 2026-02-06 Price Changed $241,990 NTREIS
• 2026-02-06 Price Changed $241,990 Zillow
• 2026-01-26 Price Changed $242,990 NTREIS
• 2026-01-24 Price Changed $242,990 Zillow
• 2026-01-15 Price Changed $244,990 Zillow
• 2026-01-15 Price Changed $244,990 NTREIS
• 2025-12-03 Listed $245,544 Zillow
• 2025-12-03 Listed $245,544 NTREIS

Property tax history

+57.1%/yr

Latest (2025): $230 · +34.5% YoY. Source: county tax records.