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Leased Duplex with Additional Lots

937 Meadowlark Circle, Granbury, TX 76049

For Sale
New
$275,000

ResidentialIncome, Granbury, TX

Property Size1,856 SF
Lot Size0.07 Acres
Price / SF$148.17
Days on Market1

Property Features for 937 Meadowlark Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
Parking 4
Parking features Carport
Patio and Porch features Deck
Interior features EatInKitchen
Exterior features PrivateYard
Appliances Dishwasher, ElectricWaterHeater, Refrigerator
Subdivision Meadowlark Add
Lot features Interior Lot
Elementary school Oak Woods
Middle school Acton
High school Granbury
Elementary school district Granbury ISD
Middle school district Granbury ISD
High school district Granbury ISD
Directions From Highway 377 turn onto Temple highway, turn left on Quail Ridge Ct, and then turn right on Meadowlark Circle W (Second Meadowlark Circle). Duplex will be on left.
Standard status Active
APN R000020082
Size 1,856 SF
Lot size 0.07 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description LOT: 8AR,8R,7AR,7R,4R BLK: 4 SUBD: MEADOWLARK ADDN
Tax Annual Amount 2602
Legal Description LOT: 8AR,8R,7AR,7R,4R BLK: 4 SUBD: MEADOWLARK ADDN

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Central Air

Amenities

storage shed
covered porch

Building Details

Year built 1988
Floors in Building 1
Number of units 2
Flooring type Laminate, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Keller Williams Brazos West · Keller Williams Realty
Listed By: Treiva Torgerson
Added: Nov 13 Last Checked: Nov 13 at 8:06PM
MLS# 21384338

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,856-square-foot brick duplex in Granbury contains two units, each with two bedrooms and one bathroom. Both are tenant occupied. Each unit has a fenced backyard and a storage shed; one also features a covered porch and recently installed windows. The property was built in 1988 and is served by a septic system.

The sale includes three additional lots. Two are adjacent to the duplex and contain the septic system, while the third is a separate parcel on the same street. Shopping, dining, and everyday amenities are nearby. Showings are by appointment with proper notice.

Key Highlights

  • Two leased units, each with 2 bedrooms and 1 bathroom
  • 1,856‑square‑foot brick duplex built in 1988
  • Sale includes three additional lots; two adjacent lots contain the septic system

Property Analytics

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Lease Details

100%
Occupancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 76049, TX

30,784
Population
13,527
Households
2.3
Avg Household Size
50
Median Age
38%
College-Educated
94%
High-School Grad
107.1 sq mi
ZIP Area
287
Density / Sq Mi
$103,239
Median Household Income
$49,276
Median Earnings
$1,545
Median Rent
$329,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two currently leased residences are offered with three extra lots, including two beside the building and a separate lot on the same street.
Where is this duplex located?
The property is located at 937 Meadowlark Circle Granbury, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two leased units, each with 2 bedrooms and 1 bathroom; 1,856‑square‑foot brick duplex built in 1988; Sale includes three additional lots; two adjacent lots contain the septic system
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