tomo logo

$324,000

Beds
2
Baths
2.0
sq ft
1,013

404 E Ewell St, Granbury, TX 76048

404 E Ewell St

Granbury, TX 76048

  • 1 day on market
Charming Lakefront Community Home with Tenant in Place – Ideal Investment Opportunity Nestled within a serene lakefront community and walking distance to the historic Granbury Square, 404 E Ewell Street offers an exceptional investment opportunity. This well-maintained single-family home features 2 bedrooms, 2 bathrooms, and a spacious open floor plan encompassing 1,013 square feet. Built in 1985, the property boasts a high ceiling and a cozy wood-burning fireplace, creating a warm and inviting atmosphere. Property Highlights, Open Floor Plan, The living area seamlessly connects to the kitchen and dining spaces, enhanced by a high ceiling and a wood-burning fireplace. Modern Kitchen, equipped with stainless steel appliances, including a built-in microwave, and a convenient breakfast bar. Screened Porch, accessible from the breakfast area, perfect for enjoying morning coffee. ? Community Residents have access to an inground pool and a dock on the Brazos River, which feeds into Lake Granbury. ? Investment Details, This property is currently leased until May 2026, providing immediate rental income for investors. The existing tenant offers stability, making this an attractive investment opportunity. Situated just minutes from the historic Granbury Square, city beach, and a variety of shopping options, the home combines the tranquility of a lakefront community with the convenience of nearby urban amenities. Don’t miss out on this exceptional investment opportunity in a sought-after Granbury community. Contact us today to schedule a viewing and explore the potential of 404 E Ewell Street.

Details

Property type

Townhouse

Est. home value

$310,786

Lot size

2,526.48 sq ft

Price per sq ft

$320

Year built

1985

Annual property taxes

$3,560

Monthly HOA fee

$200

Price History

03/18/2025
NTREIS

NTREIS #20875274

Listed
$324,000
02/22/2024
NTREIS

NTREIS #20519746

Removed
01/25/2024
NTREIS

NTREIS #20519746

Listed
$325,000

Schools & Community

Elementary school: 

Nettie Baccus

Middle school: 

Granbury

High school: 

Granbury

School district: 

Granbury ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$230,126
Asking price
$324,000
Closing costs (~8% of asking)
-$25,920
Est. remaining loan balance
-$67,954
Cash to seller
$230,126

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Randolph Brooks Fcu

Loan start date

January 2024

Original loan amount

$74,300

Est. remaining balance

$67,954

Interest rate

6.67%

Loan type

New Conventional, 10 year

Seller

Amy Anderson and Dayna J French

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/20/2025 at 3:10 AM

Listing updated: 03/19/2025 at 3:12 AM

Listed by: Mikaela Camacho, Keller Williams Lonestar DFW Phone #: (817) 795-2500

MLS: NTREIS #20875274

NTREIS logo

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