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    7202 Johnson Rd Granbury, TX 76049

    For Sale
    $800,000

    Unimproved Land - Granbury, TX

    Type:Unimproved Land
    Lot size:
    8.67 Acres
    Days on Market:
    500
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 7202 Johnson Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000042103
    Fireplace
    1
    Lot size
    8.67 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Flooring type
    Laminate
    Building materials
    Aluminum Siding, Metal Siding, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    Bryan Bjerke (817) 653-2433

    Listing agent Joel Ashford (817) 653-2433 License #0474271

    Listing date Jul 30, 2024

    MLS# 20684815 Listing URL

    Copyright © 2025 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.

    Overview

    Unimproved Land with Income Potential

    This 8.67-acre parcel of unimproved land features mature trees along the fence line. The property currently includes six occupied mobile homes, generating a monthly income of over $6,000. Three tenants have resided on the property for more than three years. A long, private driveway leads to the land, overlooking pasture. Located at the end of the road, the parcel offers a serene environment with frequent deer sightings. This listing also includes an additional 3.67-acre parcel, and both parcels are to be sold together as one sale, totaling 8.67 acres. This property presents an opportunity for those seeking a monthly income investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Building Supply Department Store Storage Facility Carpet & Flooring Store Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.67873956
    Latitude
    32.3908995

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    FAQs

    What type of property is this?
    Land - 8.67 acres of land with existing mobile home rental income.
    Where is this land located?
    The property is located at 7202 Johnson Rd Granbury, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Monthly residual income of over $6,000 from 6 mobile home tenants.; - Two parcels totaling 8.67 acres.; - Long-term tenants, with 3 tenants residing for over 3 years.
    (817) 653-2433
    Request Owner's contact information
    7202 Johnson Rd Granbury, TX 76049
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    Granbury, TX 76049
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    Realmo Value Estimation

    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.

    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.

    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
    7202 Johnson Rd Granbury, TX 76049
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