3807 Lands End Ct · Granbury, TX 76048

$148,000

4 bd · 1.5 ba · 1,456 sqft · Manufactured public records · 94 Days on market

Built 1979 9,313 sqft lot $102/sqft · 46% below area Est $276k · 46% under $35/mo HOA · 2% of rent

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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 +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.6/10.0
• Schools +4.0/10.0
• Livability +3.3/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

Key facts

• Available boat slips
• Private marina
• Community clubhouse

Tags

• LAKE ACCESS TO LAKE GRANBURY
• PRIVATE MARINA
• BOAT RAMP
• AVAILABLE BOAT SLIPS
• LAKE VIEWS FROM THE SHORELINE
• COMMUNITY CLUBHOUSE

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath manufactured listed at $148k.

Deal economics

• At list price, monthly cash flow is $730 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $148k).
• Recommended offer: $135k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.8% vs local median 3.8% in Granbury — 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 66/100 on livability (#628 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime D+, schools D.
• 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; 12 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 37% 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 $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 $41k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,680 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. 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.
10. 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.
11. 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: 1.46% ✓
• Cap rate: 12.75%
• Cash-on-cash: 23.07%
• DSCR: 2.03
• GRM: 5.7

CMA / ARV

• ARV (median comp): $276,363
• List price: $148,000
• Delta: -46.45%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1518 Lands End St	0.24mi	3/2.0 (-1)	1,488 (+2%)	6mo	$129,000	$87	73
3417 Hawaiian Ct	0.29mi	3/2.0 (-1)	1,352 (-7%)	1mo	$350,000	$259	67
4020 Lands End Ct	0.24mi	3/2.0 (-1)	1,512 (+4%)	12mo	$484,000	$320	65
1629 E Apache Trl	0.07mi	3/2.0 (-1)	1,344 (-8%)	20mo	$189,900	$141	60
3415 Pago Pago Ct	0.39mi	3/3.0 (-1)	1,520 (+4%)	12mo	$394,000	$259	53
4115 Lands End Ct	0.44mi	3/1.0 (-1)	1,288 (-12%)	8mo	$299,000	$232	46
3427 Tahitian Ct	0.36mi	3/1.0 (-1)	1,260 (-14%)	9mo	$380,000	$302	46

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: 11.5%
• Equity multiple: 1.45×
• Total profit: $18,468
• Equity at exit: $22,067

10-year hold

• IRR: 19.0%
• Equity multiple: 2.45×
• Total profit: $59,965
• Equity at exit: $12,796

Cash invested: $41,440 (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: 5.7×

Monthly cashflow live

• Estimated rent: $2,160 high
• Mortgage (P&I): −$776
• Tax from tax record: −$37 /mo · $445/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$35
• Vacancy / Maint / Mgmt: −$454
• Net cashflow: $730

Break-even live

Break-even rent $1,236

Max offer price $148,000

Occupancy floor 61%

Sensitivity live

Price	-10% $814	-5% $772	+0% $730	+5% $688	+10% $646
Rent	-10% $559	-5% $645	+0% $730	+5% $815	+10% $901
Rate	-1.0pp $805	-0.5pp $768	base $730	+0.5pp $692	+1.0pp $653

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: $37,000
• Closing costs: $4,440
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1418 Cheyenne Trl Granbury, TX	3.0	2.0	1826	$2,400	$1.31	44d	1	0.42mi
3607 Sioux Trl Granbury, TX	3.0	2.5	1860	$2,100	$1.13	8d	1	1.14mi
1713 Bronco Rd Granbury, TX	4.0	2.5	1520	$1,800	$1.18	8d	1	1.19mi
2700 Steepleridge Cir Granbury, TX	3.0	2.0	1438	$1,895	$1.32	8d	1	1.19mi
811 Branding Iron Trl Granbury, TX	3.0	2.0	1414	$2,050	$1.45	44d	1	1.23mi
807 Branding Iron Trl Granbury, TX	3.0	2.0	1287	$1,950	$1.52	44d	1	1.23mi
809 Branding Iron Trl Granbury, TX	3.0	2.0	1414	$2,050	$1.45	44d	1	1.23mi
2414 Forest Hill Ln Granbury, TX	3.0	2.0	1493	$2,150	$1.44	4d	1	1.25mi
805 Branding Iron Trl Granbury, TX	3.0	2.0	1287	$1,950	$1.52	44d	1	1.25mi
4710 Llano St Granbury, TX	3.0	2.0	1456	$1,775	$1.22	44d	1	1.28mi
1017 Meadowlark Ln Granbury, TX	3.0	2.0	1725	$2,300	$1.33	13d	1	1.30mi
1111 Dove Hollow Rd Granbury, TX	3.0	2.0	1789	$2,399	$1.34	44d	1	1.46mi

HOA detail

• Monthly dues: $35 · $420/yr
• Likely covers: waterpoolsecurity

Listing history 33 events

1. 2026-06-21
   days on market $148,000 Active 94 DOM
2. 2026-06-18
   days on market $148,000 Active 91 DOM
3. 2026-06-17
   days on market $148,000 Active 90 DOM
4. 2026-06-16
   days on market $148,000 Active 89 DOM
5. 2026-06-15
   days on market $148,000 Active 88 DOM
6. 2026-06-13
   days on market $148,000 Active 86 DOM
7. 2026-06-09
   days on market $148,000 Active 82 DOM
8. 2026-06-08
   days on market $148,000 Active 81 DOM
9. 2026-06-07
   days on market $148,000 Active 80 DOM
10. 2026-06-04
    days on market $148,000 Active 77 DOM
11. 2026-06-03
    days on market $148,000 Active 76 DOM
12. 2026-06-02
    days on market $148,000 Active 75 DOM
13. 2026-06-02
    days on market $148,000 Active 74 DOM
14. 2026-05-31
    days on market $148,000 Active 73 DOM
15. 2026-04-17
    price $148,000 1191-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

16. 2026-04-17
    price $148,000 1188-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

17. 2026-04-17
    price $148,000

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

18. 2026-03-19
    price $149,000 1191-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

19. 2026-03-19
    price $149,000 1188-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

20. 2026-03-19
    listed $149,000 Active

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

21. 2026-02-26
    price $154,000 1191-char remark

    Show marketing remark (1191 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

22. 2026-01-14
    price $159,000 1191-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

23. 2026-01-14
    price $159,000 1188-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

24. 2025-11-25
    listed $175,000 Active 1191-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

25. 2025-11-25
    listed $175,000 Active 1188-char remark

    Show marketing remark (1188 chars)

    Fully remodeled 4-bedroom home in the gated Indian Harbor community, offering rare affordable lake access to Lake Granbury. This property has been updated inside and out, including modern finishes, fresh exterior improvements, and an oversized high-efficiency mini-split HVAC system designed to outperform typical systems in this price range. Located just moments from the water, owners enjoy access to a private marina, boat ramp, available boat slips, and beautiful lake views from the shoreline. Indian Harbor also includes a community clubhouse, pool, security gate, and more—ideal for buyers wanting lake life at a highly affordable entry point. Inside, the home lives larger than its footprint with a smart, open layout, updated kitchen and baths, new fixtures, and flexible space for guests or multi-use living. With 4 bedrooms, the property works perfectly for retirees, weekend lake-goers, families, or investors considering short-term rentals (buyer to verify STR rules). Whether you’re looking for a full-time residence or a weekend getaway with direct access to Lake Granbury boating, 3807 Lands End Ct delivers exceptional value, comfort, and community amenities.

26. 2025-04-07
    soldstatus
27. 2025-02-28
    historical
28. 2025-02-18
    price $49,900
29. 2025-02-04
    listed $59,900 Active
30. 2004-09-24
    soldstatus
31. 2004-08-30
    historical
32. 2004-04-02
    listed $34,900
33. 1988-10-24
    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: $445 · $37/mo
• Projected year-2 tax: $2,708 · $226/mo
• Expected delta: +$2,264/yr (+$189/mo · 509.3%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 23 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: $25,920
• − Mortgage interest: −$8,290
• − Property taxes: −$445
• − Insurance: −$1,538
• − Repairs & maintenance: −$2,074
• − Management: −$2,074
• − HOA: −$420
• − Depreciation: −$4,305
• Taxable income: $6,775
• Est. tax owed @ 24.0%: −$1,626
• After-tax cash flow: $7,135/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 — Granbury

• Score: 66/100
• State rank: #628
• US rank: #11998

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hood County · 58,506 people
• City population: 58,506
• 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

+324.1% since first listed

19 events — show timeline

• 2026-04-17 Price Changed $148,000 NTREIS
• 2026-04-17 Price Changed $148,000 CTXMLS
• 2026-04-17 Price Changed $148,000 Unlock MLS
• 2026-03-19 Price Changed $149,000 NTREIS
• 2026-03-19 Price Changed $149,000 CTXMLS
• 2026-03-19 Listed $149,000 Unlock MLS
• 2026-02-26 Price Changed $154,000 NTREIS
• 2026-01-14 Price Changed $159,000 NTREIS
• 2026-01-14 Price Changed $159,000 CTXMLS
• 2025-11-25 Listed $175,000 CTXMLS
• 2025-11-25 Listed $175,000 NTREIS
• 2025-04-07 Sold (Public Records) — Public Records
• 2025-02-28 Listing Removed — NTREIS
• 2025-02-18 Price Changed $49,900 NTREIS
• 2025-02-04 Listed $59,900 NTREIS
• 2004-09-24 Sold (MLS) — NTREIS
• 2004-08-30 Listing Removed — NTREIS
• 2004-04-02 Listed $34,900 NTREIS
• 1988-10-24 Sold (Public Records) — Public Records

Property tax history

+2.5%/yr

Latest (2025): $445 · +10.9% YoY. Source: county tax records.