2817 N Mountain View Rd · Oak Trail Shores, TX 76048

$180,000

3 bd · 2.0 ba · 1,084 sqft · SingleFamily public records · 53 Days on market

Built 1972 5,663 sqft lot $166/sqft · 6% above area Est $242k · 26% under $3/mo HOA

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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 +18.0/30.0
• ARV discount +15.0/15.0
• DSCR +5.7/10.0
• 1% rule +5.0/10.0
• 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

THREE LOTS! Do not miss this charming property on a hill with a STUNNING VIEW of Comanche Peak and the Brazos River from your balcony! Renovated top to bottom with many custom features, this cozy home will without a doubt bring you years of enjoyment. Just imagine morning coffee, or sunset dinners on the balcony with those views! Fire work shows seen from miles around on the Fourth! Gorgeous remodeled kitchen with ample cabinet space, coffee bar, beautiful granite countertops, SS appliances, all fully remodeled bathrooms, and newer flooring throughout make this home move in ready. This property would make a great AirBNB! Enjoy a movie while the fireplace keeps you warm. It is crazy quiet, and this is truly lake life at it's best. You're so close to boat ramps, fishing, and playground, not to mention all the wonderful amenities a short drive to downtown Granbury offers including shopping, dining, and wineries, and entertainment! All lots combined give you roughly half an acre.

Key facts

• 5,663 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• Other: Municipal Utility District: No
• Financial info: Listing terms: Cash or Conventional; Special listing condition: HUD owned
• HOA & community: Mandatory homeowners association; Annual association fee ($36); HOA covers use of facilities, insurance, grounds maintenance, and management fees; Oak Trails Owners Association; Community amenities include boat ramp, clubhouse, community dock, community pool, fishing, lake, playground

Exterior

• Parking: Driveway; Covered parking for 2; 2-car garage (garage faces side, 2-car single door); Carport spaces: 0
• Utilities: City water (individual water meter); City sewer / sewer available; Electricity available; Overhead utilities; Outside city limits
• Home design: Single-family residence; One story; Built in 1972; Not attached to other properties; Subdivision location (Oak Trail Shores Sec E)
• Construction: Vinyl siding; Asphalt/composition roof; Pillar/post/pier foundation
• Exterior features: Balcony; Covered front porch; Covered patio; Large backyard with grass; Landscaped yard; Many trees; Brush; Interior lot; Water/Lake view

Interior

• Kitchen: Built-in cabinets; Natural stone/granite countertops; Pantry; Water line to refrigerator; Dishwasher; Microwave
• Bedrooms: Three bedrooms (two on main level, one on lower level); Primary bedroom with ensuite bath and walk-in closet; Bedrooms feature split bedroom layout
• Flooring: Carpet; Laminate; Simulated wood
• Bathrooms: Two full bathrooms; Primary bathroom with ensuite, separate vanities, and solid-surface counters; Second bathroom with linen closet and solid-surface counters
• Heating & cooling: Central heating; Electric heating; Fireplace heating; Central air conditioning (electric)
• Interior features: Pantry; Vaulted ceilings; Walk-in closets; Window coverings; One living area; One dining area; Fireplace in living room (brick, raised hearth, wood burning)
• Laundry & utility: Utility room; Washer hookup; Electric dryer hookup; Full-size washer/dryer area; Utility closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $156 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $180k (0.1% below list).
• Recommended offer: $175k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 5.9% in Oak Trail Shores — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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+, amenities F, commute 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.
• Zoned schools: Nettie Baccus El (math 39% / reading 36%, grade F, #1,744 of 4,322 statewide, top 41%, 466 students, 81% FRL) — zoned schools average 81% FRL vs 43% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.1%/yr); 929 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); 125 units permitted in Hood County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% 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 $5k 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 53 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 16y ago; this cycle's ask has dropped $45k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $174,600 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.00% ✗
• Cap rate: 7.34%
• Cash-on-cash: 3.73%
• DSCR: 1.17
• GRM: 8.3

CMA / ARV

• ARV (median comp): $241,737
• List price: $180,000
• Delta: -25.54%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2816 Overview Rd	0.04mi	2/1.5 (-1)	1,204 (+11%)	2mo	$129,000	$107	71
2906 Cedarhill St	0.34mi	3/2.0	1,092 (+1%)	22mo	$110,000	$101	65
3917 Greenbrook St	0.55mi	3/1.5	1,152 (+6%)	2mo	$78,000	$68	61
3014 Inwood Trl	0.29mi	3/2.0	1,232 (+14%)	8mo	$175,000	$142	57
2923 Cedarbrush St	0.43mi	2/2.0 (-1)	960 (-11%)	22mo	$73,000	$76	37
2616 Pinoak St	0.65mi	2/1.0 (-1)	948 (-12%)	16mo	$179,000	$189	26

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: -12.6%
• Equity multiple: 0.55×
• Total profit: $-22,537
• Equity at exit: $26,839

10-year hold

• IRR: -6.8%
• Equity multiple: 0.60×
• Total profit: $-19,961
• Equity at exit: $15,563

Cash invested: $50,400 (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: 8.3×

Monthly cashflow live

• Estimated rent: $1,799 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$243 /mo · $2,910/yr
• Insurance: −$75
• HOA: −$3
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $156

Break-even live

Break-even rent $1,601

Max offer price $180,000

Occupancy floor 86%

Sensitivity live

Price	-10% $258	-5% $207	+0% $156	+5% $106	+10% $55
Rent	-10% $14	-5% $85	+0% $156	+5% $228	+10% $299
Rate	-1.0pp $247	-0.5pp $202	base $156	+0.5pp $110	+1.0pp $62

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4321 Terri Lee Ln Granbury, TX	4.0	2.0	1387	$2,075	$1.50	0d	1	0.52mi
3225 Evergreen Dr Granbury, TX	3.0	1.0	916	$1,425	$1.56	0d	1	0.69mi
5418 Lake View Dr Granbury, TX	3.0	2.0	1284	$1,300	$1.01	45d	1	1.39mi

HOA detail

• Monthly dues: $3 · $36/yr

Listing history 48 events

1. 2026-06-21
   days on market $180,000 Active 53 DOM
2. 2026-06-18
   days on market $180,000 Active 50 DOM
3. 2026-06-17
   days on market $180,000 Active 49 DOM
4. 2026-06-16
   days on market $180,000 Active 48 DOM
5. 2026-06-15
   price $180,000 Active 47 DOM
6. 2026-06-15
   days on market $225,000 Active 47 DOM
7. 2026-06-13
   days on market $225,000 Active 45 DOM
8. 2026-06-09
   days on market $225,000 Active 41 DOM
9. 2026-06-08
   days on market $225,000 Active 40 DOM
10. 2026-06-07
    days on market $225,000 Active 39 DOM
11. 2026-06-04
    days on market $225,000 Active 36 DOM
12. 2026-06-03
    days on market $225,000 Active 35 DOM
13. 2026-06-02
    days on market $225,000 Active 34 DOM
14. 2026-06-02
    days on market $225,000 Active 33 DOM
15. 2026-05-31
    days on market $225,000 Active 32 DOM
16. 2026-04-29
    listed $225,000 Active 1679-char remark
17. 2024-03-18
    soldstatus
18. 2024-03-15
    soldstatus Closed 990-char remark

    Show marketing remark (990 chars)

    THREE LOTS! Do not miss this charming property on a hill with a STUNNING VIEW of Comanche Peak and the Brazos River from your balcony! Renovated top to bottom with many custom features, this cozy home will without a doubt bring you years of enjoyment. Just imagine morning coffee, or sunset dinners on the balcony with those views! Fire work shows seen from miles around on the Fourth! Gorgeous remodeled kitchen with ample cabinet space, coffee bar, beautiful granite countertops, SS appliances, all fully remodeled bathrooms, and newer flooring throughout make this home move in ready. This property would make a great AirBNB! Enjoy a movie while the fireplace keeps you warm. It is crazy quiet, and this is truly lake life at it's best. You're so close to boat ramps, fishing, and playground, not to mention all the wonderful amenities a short drive to downtown Granbury offers including shopping, dining, and wineries, and entertainment! All lots combined give you roughly half an acre.

19. 2024-02-23
    status Pending 990-char remark

    Show marketing remark (990 chars)

    THREE LOTS! Do not miss this charming property on a hill with a STUNNING VIEW of Comanche Peak and the Brazos River from your balcony! Renovated top to bottom with many custom features, this cozy home will without a doubt bring you years of enjoyment. Just imagine morning coffee, or sunset dinners on the balcony with those views! Fire work shows seen from miles around on the Fourth! Gorgeous remodeled kitchen with ample cabinet space, coffee bar, beautiful granite countertops, SS appliances, all fully remodeled bathrooms, and newer flooring throughout make this home move in ready. This property would make a great AirBNB! Enjoy a movie while the fireplace keeps you warm. It is crazy quiet, and this is truly lake life at it's best. You're so close to boat ramps, fishing, and playground, not to mention all the wonderful amenities a short drive to downtown Granbury offers including shopping, dining, and wineries, and entertainment! All lots combined give you roughly half an acre.

20. 2024-02-15
    historical Active Option Contract 990-char remark

    Show marketing remark (990 chars)

    THREE LOTS! Do not miss this charming property on a hill with a STUNNING VIEW of Comanche Peak and the Brazos River from your balcony! Renovated top to bottom with many custom features, this cozy home will without a doubt bring you years of enjoyment. Just imagine morning coffee, or sunset dinners on the balcony with those views! Fire work shows seen from miles around on the Fourth! Gorgeous remodeled kitchen with ample cabinet space, coffee bar, beautiful granite countertops, SS appliances, all fully remodeled bathrooms, and newer flooring throughout make this home move in ready. This property would make a great AirBNB! Enjoy a movie while the fireplace keeps you warm. It is crazy quiet, and this is truly lake life at it's best. You're so close to boat ramps, fishing, and playground, not to mention all the wonderful amenities a short drive to downtown Granbury offers including shopping, dining, and wineries, and entertainment! All lots combined give you roughly half an acre.

21. 2024-01-13
    listed $270,000 Active 990-char remark

    Show marketing remark (990 chars)

    THREE LOTS! Do not miss this charming property on a hill with a STUNNING VIEW of Comanche Peak and the Brazos River from your balcony! Renovated top to bottom with many custom features, this cozy home will without a doubt bring you years of enjoyment. Just imagine morning coffee, or sunset dinners on the balcony with those views! Fire work shows seen from miles around on the Fourth! Gorgeous remodeled kitchen with ample cabinet space, coffee bar, beautiful granite countertops, SS appliances, all fully remodeled bathrooms, and newer flooring throughout make this home move in ready. This property would make a great AirBNB! Enjoy a movie while the fireplace keeps you warm. It is crazy quiet, and this is truly lake life at it's best. You're so close to boat ramps, fishing, and playground, not to mention all the wonderful amenities a short drive to downtown Granbury offers including shopping, dining, and wineries, and entertainment! All lots combined give you roughly half an acre.

22. 2023-04-03
    soldstatus
23. 2023-03-31
    soldstatus Closed

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

24. 2023-03-22
    status Pending

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

25. 2023-03-15
    historical Active Option Contract

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

26. 2023-03-09
    price $249,900

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

27. 2023-03-01
    status Active

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

28. 2023-02-24
    historical Active Option Contract

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

29. 2023-01-13
    status Active

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

30. 2022-11-02
    price $259,900

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

31. 2022-10-21
    price $273,871

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

32. 2022-09-22
    price $274,871

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

33. 2022-07-28
    listed $279,871 Active

    Show marketing remark (930 chars)

    Welcome to paradise! This meticulously updated home in Oak Trail Shores is the perfect escape from the hustle-and-bustle of city life Inside this beautiful three bedroom, two bath residence you will find all new paint, kitchen cabinets with lot of cabinet space, appliances, fully remodeled bathroom, flooring and fixtures throughout. The oversized third bedroom can serve as a bonus-game room and even comes with its own private entrance - perfect for hosting overnight guests. Enjoy panoramic views of the lake from the comfort of your home or head down to the boat ramps, fishing piers or playgrounds and enjoy life on the lake. Take a dip in the community pool or take a short drive downtown to Granbury where you can explore dining, shopping, wineries and many other entertainment options. Don't miss this incredible opportunity to experience true lakeside living at its best – schedule your private showing today!

34. 2022-03-08
    historical
35. 2022-03-08
    soldstatus
36. 2022-03-07
    soldstatus Closed
37. 2022-03-02
    status Pending
38. 2022-02-19
    status Pending
39. 2022-02-12
    listed $125,000 Active
40. 2011-09-02
    soldstatus Closed
41. 2011-06-23
    status Pending
42. 2011-06-08
    status Active
43. 2011-05-23
    status Pending
44. 2010-12-07
    status Active
45. 2010-11-15
    status Pending
46. 2010-11-05
    historical Active Option Contract
47. 2010-10-25
    listed $74,500 Active
48. 1987-09-02
    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: $2,910 · $243/mo
• Projected year-2 tax: $3,294 · $274/mo
• Expected delta: +$384/yr (+$32/mo · 13.2%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 6 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% 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: $21,584
• − Mortgage interest: −$10,083
• − Property taxes: −$2,910
• − Insurance: −$900
• − Repairs & maintenance: −$1,727
• − Management: −$1,727
• − HOA: −$36
• − Depreciation: −$5,236
• Taxable loss: −$1,035
• Est. tax savings @ 24.0%: +$248
• After-tax cash flow: $2,126/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

• Census place: Oak Trail Shores, TX
• 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

+141.6% since first listed

34 events — show timeline

• 2026-06-15 Price Changed $180,000 NTREIS
• 2026-04-29 Listed $225,000 NTREIS
• 2024-03-18 Sold (Public Records) — Public Records
• 2024-03-15 Sold (MLS) — NTREIS
• 2024-02-23 Pending — NTREIS
• 2024-02-15 Contingent — NTREIS
• 2024-01-13 Listed $270,000 NTREIS
• 2023-04-03 Sold (Public Records) — Public Records
• 2023-03-31 Sold (MLS) — NTREIS
• 2023-03-22 Pending — NTREIS
• 2023-03-15 Contingent — NTREIS
• 2023-03-09 Price Changed $249,900 NTREIS
• 2023-03-01 Relisted — NTREIS
• 2023-02-24 Contingent — NTREIS
• 2023-01-13 Relisted — NTREIS
• 2022-11-02 Price Changed $259,900 NTREIS
• 2022-10-21 Price Changed $273,871 NTREIS
• 2022-09-22 Price Changed $274,871 NTREIS
• 2022-07-28 Listed $279,871 NTREIS
• 2022-03-08 Listing Removed — NTREIS
• 2022-03-08 Sold (Public Records) — Public Records
• 2022-03-07 Sold (MLS) — NTREIS
• 2022-03-02 Pending — NTREIS
• 2022-02-19 Pending — NTREIS
• 2022-02-12 Listed $125,000 NTREIS
• 2011-09-02 Sold (MLS) — NTREIS
• 2011-06-23 Pending — NTREIS
• 2011-06-08 Relisted — NTREIS
• 2011-05-23 Pending — NTREIS
• 2010-12-07 Relisted — NTREIS
• 2010-11-15 Pending — NTREIS
• 2010-11-05 Contingent — NTREIS
• 2010-10-25 Listed $74,500 NTREIS
• 1987-09-02 Sold (Public Records) — Public Records

Property tax history

+7.8%/yr

Latest (2025): $2,910 · +5.2% YoY. Source: county tax records.