328 Azalea Trl · Pecan Plantation, TX 76048

$197,990

3 bd · 2.5 ba · 1,600 sqft · Land · 191 Days on market

Built 2025 6,970 sqft lot $124/sqft · 14% below area Est $231k · 14% under $67/mo HOA · 3% of rent ↓ 13% since listing

---

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 +17.1/30.0
• ARV discount +13.9/15.0
• DSCR +5.3/10.0
• 1% rule +5.1/10.0
• 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# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

Key facts

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

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath land listed at $198k.

Deal economics

• At list price, monthly cash flow is $137 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $198k).
• Recommended offer: $174k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.1% 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 24d 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 34% 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 191 days — a 12% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $50k (20%) 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 $174,231 (12.0% below list)

Questions for the listing agent

1. It's been on market 191 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: 1.01% ✓
• Cap rate: 7.12%
• Cash-on-cash: 2.97%
• DSCR: 1.13
• GRM: 8.3

CMA / ARV

• ARV (median comp): $230,587
• List price: $197,990
• Delta: -14.14%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -13.8%
• Equity multiple: 0.51×
• Total profit: $-27,011
• Equity at exit: $29,521

10-year hold

• IRR: -8.5%
• Equity multiple: 0.52×
• Total profit: $-26,735
• Equity at exit: $17,119

Cash invested: $55,437 (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: $1,990 high
• Mortgage (P&I): −$1,038
• Tax est. 1.5%: −$247 /mo · $2,970/yr
• Insurance: −$82
• HOA: −$67
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $137

Break-even live

Break-even rent $1,817

Max offer price $197,990

Occupancy floor 88%

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: $49,498
• Closing costs: $5,940
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
150 Bluebonnet Way Granbury, TX	4.0	2.5	2203	$2,095	$0.95	5d	1	0.06mi
350 Azalea Trl Granbury, TX	4.0	2.0	1510	$2,000	$1.32	43d	1	0.08mi
3802 Juniper Ct Granbury, TX	3.0	2.0	1700	$1,900	$1.12	43d	1	0.40mi
3705 Mandy Dr #2 Granbury, TX	3.0	1.0	1158	$1,400	$1.21	24d	1	0.87mi
3712 Mandy Dr Unit 1 Granbury, TX	3.0	1.0	1112	$1,300	$1.17	18d	1	0.93mi
3712 Mandy Dr Unit 2 Granbury, TX	3.0	1.0	1158	$1,300	$1.12	22d	1	0.93mi
6505 Christa Ct Granbury, TX	3.0	2.0	1368	$2,700	$1.97	43d	1	1.37mi

HOA detail

• Monthly dues: $67 · $804/yr

Listing history 33 events

1. 2026-06-13
   pricestatusdays on market $197,990 Pending 191 DOM
2. 2026-06-09
   days on market $198,990 Active 188 DOM
3. 2026-06-08
   days on market $198,990 Active 187 DOM
4. 2026-06-07
   days on market $198,990 Active 186 DOM
5. 2026-06-04
   days on market $198,990 Active 183 DOM
6. 2026-06-03
   days on market $198,990 Active 182 DOM
7. 2026-06-02
   days on market $198,990 Active 181 DOM
8. 2026-06-02
   days on market $198,990 Active 180 DOM
9. 2026-05-31
   days on market $198,990 Active 179 DOM
10. 2026-05-14
    price $214,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

11. 2026-05-14
    price $214,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

12. 2026-04-13
    price $219,990 1044-char remark

    Show marketing remark (1044 chars)

    MLS# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

13. 2026-04-11
    price $219,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

14. 2026-04-03
    price $222,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

15. 2026-04-03
    price $222,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

16. 2026-03-25
    price $227,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

17. 2026-03-25
    price $227,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

18. 2026-03-11
    price $232,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

19. 2026-03-11
    price $232,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

20. 2026-03-06
    price $238,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

21. 2026-03-06
    price $238,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

22. 2026-03-04
    price $239,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

23. 2026-03-04
    price $239,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

24. 2026-02-27
    price $238,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

25. 2026-02-27
    price $238,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

26. 2026-02-06
    price $239,990 1044-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

27. 2026-02-06
    price $239,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

28. 2026-01-26
    price $244,990 1044-char remark

    Show marketing remark (1044 chars)

    MLS# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

29. 2026-01-24
    price $244,990 985-char remark

    Show marketing remark (985 chars)

    Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you'll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

30. 2026-01-15
    price $246,990 985-char remark

    Show marketing remark (1044 chars)

    MLS# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

31. 2026-01-15
    price $246,990 1044-char remark

    Show marketing remark (1044 chars)

    MLS# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

32. 2025-12-03
    listed $247,766 Active 985-char remark

    Show marketing remark (1044 chars)

    MLS# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

33. 2025-12-03
    listed $247,766 Active 1044-char remark

    Show marketing remark (1044 chars)

    MLS# 21124695 - Built by NHC - Ready Now! ~ Model 1600-2 B1 - Glacier The Glacier Plan from our Freedom Series is a thoughtfully designed 2-story home offering 3 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space, complete with a 2-car garage. As you step inside, you’ll pass the staircase to the upper level before arriving at the bright and open family room. This inviting space flows seamlessly into the kitchen and dining area, creating the perfect setting for family time or entertaining. A convenient half bathroom is located just off the kitchen for easy access. The upper level is designed for relaxation and privacy, featuring a spacious primary suite with a walk-in closet and a private bathroom. Two secondary bedrooms, a full bathroom, and a laundry room complete this level. A large loft provides additional living space, ideal for a playroom, media area, or home office. Known for providing the lowest price and price per square foot, National Homecorp is here to help you get more home for your money!

ⓘ 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: $23,885
• − Mortgage interest: −$11,091
• − Property taxes: −$2,970
• − Insurance: −$990
• − Repairs & maintenance: −$1,911
• − Management: −$1,911
• − HOA: −$804
• − Depreciation: −$5,760
• Taxable loss: −$1,551
• Est. tax savings @ 24.0%: +$372
• After-tax cash flow: $2,018/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

-13.2% since first listed

24 events — show timeline

• 2026-05-14 Price Changed $214,990 NTREIS
• 2026-05-14 Price Changed $214,990 Zillow
• 2026-04-13 Price Changed $219,990 NTREIS
• 2026-04-11 Price Changed $219,990 Zillow
• 2026-04-03 Price Changed $222,990 NTREIS
• 2026-04-03 Price Changed $222,990 Zillow
• 2026-03-25 Price Changed $227,990 NTREIS
• 2026-03-25 Price Changed $227,990 Zillow
• 2026-03-11 Price Changed $232,990 NTREIS
• 2026-03-11 Price Changed $232,990 Zillow
• 2026-03-06 Price Changed $238,990 NTREIS
• 2026-03-06 Price Changed $238,990 Zillow
• 2026-03-04 Price Changed $239,990 NTREIS
• 2026-03-04 Price Changed $239,990 Zillow
• 2026-02-27 Price Changed $238,990 NTREIS
• 2026-02-27 Price Changed $238,990 Zillow
• 2026-02-06 Price Changed $239,990 NTREIS
• 2026-02-06 Price Changed $239,990 Zillow
• 2026-01-26 Price Changed $244,990 NTREIS
• 2026-01-24 Price Changed $244,990 Zillow
• 2026-01-15 Price Changed $246,990 Zillow
• 2026-01-15 Price Changed $246,990 NTREIS
• 2025-12-03 Listed $247,766 Zillow
• 2025-12-03 Listed $247,766 NTREIS

Property tax history

+57.1%/yr

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