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    7202 Johnson Rd Granbury, TX 76049

    For Sale
    $800,000

    Monthly income, serene land, six mobile homes.

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This 8.67-acre Granbury, TX property at 7202 Johnson Road presents a unique investment opportunity. The land features a long private driveway leading to a peaceful setting with mature trees and pasture land. Six mobile homes are currently occupied, generating a monthly income exceeding $6,000. Three tenants have resided on the property for over three years, indicating stable occupancy. The property's serene atmosphere is enhanced by the abundance of deer frequenting the land. The sale includes two parcels, totaling 8.67 acres

    Property Features for 7202 Johnson Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,200 SF
    Lot Size
    377,665 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.68046
    Latitude
    32.39071

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    FAQs

    What type of property is this?
    Commercial real estate - Monthly income, serene land, six mobile homes.
    Where is this commercial real estate 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.
    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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