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    Corner Lot in Gated Community Title is generated by Realmo AI

    2722 Village Road, Granbury, TX 76049

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    For Sale
    $109,000

    LAND - Granbury, TX

    Lot size:
    0.64 Acres
    Added:
    May 2, 2026
    Days on Market:
    35
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 2722 Village Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R000106852
    Lot size
    0.64 Acres

    Taxes and HOA fees

    Tax Description
    LOT: 3464 SUBD: ORCHARD 14
    Tax Annual Amount
    881

    We can help!

    Listing Contact
    Renee Blake

    Listing agent Renee Blake License #0520199

    Listing office Elite Agents Austin, TX

    Listing date May 2, 2026

    MLS# 21056482 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 0.6440‑acre corner lot in Orchard 14 of The Orchards at Pecan Plantation with dual street frontage
    • Gated community lot with concrete roads and access to AMUD water & sewer
    • Underground electric and fiber optic internet available at the property
    • Buyer access requirement: must be accompanied by an agent through the entry gate
    • PPOA transfer & initiation fee of $5,545.65 due at closing; monthly lot dues $183, increasing to $205 after construction

    Overview

    This buildable corner lot offers dual street frontage and a spacious setting for a new home in The Orchards at Pecan Plantation. The property features concrete roads and access to AMUD water and sewer, underground electric, and fiber optic internet. Buyer should note there is a PPOA transfer and initiation fee of $5,545.65 due at closing, and monthly lot dues of $183 that increase to $205 after construction.

    Located in Orchard 14 within the gated Pecan Plantation community, the lot is just a short walk to the Village Retail, with grocery, medical, hardware, dining, and additional conveniences nearby. The Pecan Activity Center is also close by, offering a walking trail, swimming pool, dog park, pickleball courts, and other activities. Pecan Plantation further provides extensive amenities including two golf courses, two pools, a marina, river parks, tennis and pickleball courts, clubhouse dining, guest lodging, two airports, and 24-hour security.

    With its corner configuration and utility availability, this site should appeal to buyers planning to construct a custom residence in a highly structured, amenity-driven neighborhood. Access is controlled, and buyers must be accompanied by an agent through the entry gate for viewings and verification.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Pharmacy Food Market Grocery & Convenience Store Bar & Pub Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.6579972
    Latitude
    32.3701995

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    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready corner lot with dual street frontage and utility access inside a secure, amenity-rich community.
    Where is this residential land & home lot located?
    The property is located at 2722 Village Road Granbury, TX.
    What is the asking price?
    The asking price for this property is $109,000.
    What are key features of this property?
    This property features: 0.6440‑acre corner lot in Orchard 14 of The Orchards at Pecan Plantation with dual street frontage; Gated community lot with concrete roads and access to AMUD water & sewer; Underground electric and fiber optic internet available at the property
    (512) 686-6646
    We can help!
    Listing Contact
    Renee Blake
    Real Estate License ID: 0520199
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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