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    Two-Story Townhome-Style Multifamily Property Title is generated by Realmo AI

    712 Rolling Terrace Circle, Granbury, TX 76049

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    For Sale
    $4,900,000

    MULTI_FAMILY - Granbury, TX

    Property size:
    1,722 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $2,845/SF
    Added:
    Dec 2, 2025
    Days on Market:
    183
    Last Refresh:
    Jun 3 at 2:06 pm

    Property Features for 712 Rolling Terrace Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    42
    Bathrooms
    25
    Rooms
    Bathroom 2, Bathroom 18, Bathroom 16, Bedroom 31, Bathroom 15, Bedroom 42, Bathroom 11, Bedroom 39, Bathroom 23, Bathroom 21, Bathroom 20, Bedroom 5, Bathroom 17, Bedroom 22, Bathroom 19, Bedroom 17, Bedroom 25, Bedroom 41, Bathroom 12, Bathroom 13, Bedroom 26, Bedroom 32, Bathroom 3, Bedroom 27, Bedroom 15, Bedroom 10, Bedroom 28, Bedroom 18, Bathroom 4, Bedroom 2, Bedroom 37, Bathroom 14, Bathroom 8, Bathroom 24, Bedroom 21, Bathroom 6, Bathroom 7, Bedroom 38, Bedroom 19, Bedroom 9, Bedroom 11, Bedroom 14, Bedroom 34, Bedroom 35, Bathroom 1, Bathroom 5, Bathroom 9, Bathroom 10, Bedroom 4, Bedroom 30, Bathroom 25, Bedroom 8, Bedroom 12, Bedroom 6, Bedroom 36, Bedroom 13, Bedroom 29, Bedroom 3, Bedroom 23, Bedroom 40, Bathroom 22, Bedroom 33, Bedroom 1, Bedroom 7, Bedroom 20, Bedroom 24, Bedroom 16
    Parking
    28
    Parking features
    Garage, Driveway
    Interior features
    GraniteCounters, HighSpeedInternet, CableTv
    Appliances
    Dishwasher, ElectricRange, ElectricWaterHeater, Disposal
    Standard status
    Active
    APN
    R000105069
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    LOT: 4R BLK: 1 SUBD: HILLTOP VILLAGE
    Tax Annual Amount
    7567

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2021
    Floors in Building
    2
    Number of units
    14
    Flooring type
    Carpet, Tile
    Building materials
    StoneVeneer
    Roof type
    Composition

    We can help!

    Listing Contact
    Link Karlen
    Link Karlen

    Listing agent Link Karlen License #0736507

    Listing office Keller Williams Fort Worth Fort Worth, TX

    Listing date Dec 2, 2025

    MLS# 20794258 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

    • 2021‑built two‑story townhome with 1,722 SF and a two‑car attached garage with direct access
    • Primary bedroom and ensuite bath downstairs, plus a large laundry room with extra storage space
    • Ceramic wood‑look tile downstairs and carpet upstairs
    • Granite countertops throughout and custom tiled surrounds in shower/tubs
    • Central air and heating with spray foam insulation for energy efficiency
    • Covered patio in a fenced backyard with laundry hookups for side‑by‑side

    Overview

    This for-sale multifamily property features spacious two-story townhome layouts with a direct access, two-car attached garage. The first floor includes the primary bedroom with an ensuite bath, a large laundry room with additional storage space, and ceramic wood-look tile throughout. Upstairs, residents will find two additional large bedrooms, a family room loft area, and a second large bathroom, with carpeted floors upstairs. Interior finishes include granite countertops, custom tiled surrounds in shower/tub areas, plantation-style blinds on all windows, large walk-in closets with custom closet systems, central air and heating, spray foam insulation for energy efficiency, and ceiling fans in all bedrooms and the living room. A covered patio sits in the fenced backyard, and side-by-side laundry hookups are included.

    Located in Granbury, TX, the property is presented as an attractive option for investors or owner-occupants seeking townhome-style living with practical, self-contained garage and outdoor space.

    With multiple bedrooms plus a loft-style family area, these layouts may appeal to renters who want separation between sleeping areas and shared living space. The downstairs primary suite, attached garages, and durable interior finishes such as tile and granite can support strong day-to-day livability for a range of household types.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.713885
    Latitude
    32.470245

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    FAQs

    What type of property is this?
    Apartment building - Townhome-style multifamily offering downstairs primary suite, covered patio, and attached two-car garages with modern interior finishes.
    Where is this apartment building located?
    The property is located at 712 Rolling Terrace Circle Granbury, TX.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: 2021‑built two‑story townhome with 1,722 SF and a two‑car attached garage with direct access; Primary bedroom and ensuite bath downstairs, plus a large laundry room with extra storage space; Ceramic wood‑look tile downstairs and carpet upstairs
    (817) 920-7700
    We can help!
    Listing Contact
    Link Karlen
    Link Karlen
    Real Estate License ID: 0736507
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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.

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