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Property profile & analytics
OFF-MARKET
Commercial real estate

1629 Summer Hill Ct Granbury, TX 76048

9,295 SF
Entity Owned 6-yr Hold
Property ID
US82-0517592
Property summary
AI-generated overview

This exceptional multifamily investment property in Granbury, Texas, presents a compelling opportunity for discerning investors. Comprising two buildings – a triplex and a fiveplex – this property boasts a total of eight units, all currently occupied at 100% occupancy. The combined square footage totals 9,295 square feet, spread across a single story. Each unit is designed for comfortable living, featuring spacious layouts and updated kitchens. Individual utility meters provide convenient billing for tenants. The property benefits from recent upgrades, including a new roof, ensuring long-term value and minimizing maintenance concerns. Ample parking is available for residents and guests. Situated just minutes from the vibrant downtown Granbury area, tenants enjoy easy access to a wide array of shops, restaurants, and entertainment options. The property's strong performance, reflected in its 6.48% cap rate, makes it an attractive addition to any investment portfolio. The asking price for this turnkey investment is $1,549,000. This property offers a blend of strong cash flow, desirable location, and recent improvements, making it an ideal investment in the thriving Granbury market. The address is 1629 Summerhill Ct, Granbury, TX 76048.

Property profile
Verified
Property type Commercial real estate
Total area 9,295 SF
UPID US82-0517592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cooper Cutting Horse Ests LLC · 6 yrs held
Cooper Cutting Horse Ests LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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