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$342,000

1202 Red Bird Ln, Granbury, TX, 76048

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.54 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size10,701 sqft

Building Information

Year Built1986
Stories2
Garage Spaces2

Land Information

APN15708.007.0002.0
Lot Number2
SubdivisionSouth Grove
Land UseResidential
Legal DescriptionLOT: 2 SEC 3 BLK: 7 SUBD: SOUTH GROVE ADDN
Census Tract160206
Assessed Land Value$35,000
Assessed Improvement Value$285,530
Assessment Year2026

About this property

Adorable 3-bedroom, 2-bath home in the heart of Granbury, with easy access to shopping and restaurants! A calming color palette flows through the open living, dining, and kitchen areas. The beautiful kitchen features quartz countertops, stainless steel appliances, a subway tile backsplash, and a breakfast bar. The spacious primary bedroom leads to a bath with dual sinks, an oversized walk-in shower, and a vanity area. A loft offers flexible space for a second living area, game room, or office, and there’s tons of storage throughout this home. Updates include vinyl flooring, replaced windows, and updated lighting. The wet bar features quartz countertops, a mini fridge, cabinetry, and a wine rack. Outside, enjoy the covered patio and refreshed yard. Additional improvements include a replaced roof, fence, and garage door, plus front lawn sprinklers, drip irrigation, and a 240V EV charger outlet. This home is ready for you to move in and make it your own!

Investor Tools

$132,936Estimated Mortgage Balance
$327,064Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,766
$320,530
2026
$35,000
$285,530
$320,530
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,766
$320,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Conventional
$151,500
No
First
Jun 5, 2020
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,936
$327,064
71%
29%
$909/mo

City: Granbury