3211 Boynton Ave Granbury, TX 76049
For Sale
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This exceptional Lake Granbury property offers a unique investment opportunity. Situated on a 0.53-acre lot with direct canal access to the main lake, this multifamily property comprises three structures totaling 1,827 square feet. The main buildings, "The Refuge" and "The Retreat," are meticulously furnished and equipped for immediate occupancy. "The Refuge" boasts two bedrooms and two bathrooms, a large front porch, open living area, and a peaceful back patio overlooking the canal. "The Retreat" features two bedrooms and one bathroom with an expansive back patio also facing the canal. A third building provides ample storage space. Built in 1985, this single-story complex features central HVAC, metal roofs, and utilizes propane gas, septic, and well water (not owned). Currently utilized as an Airbnb, this property presents an ideal opportunity for a family retreat, primary residence, or continued rental income. All furniture, artwork, and appliances are included in the sale price of $599,900 ($328 per square foot). Enjoy the tranquility of this peaceful location with convenient access to all Granbury amenities, and benefit from the absence of city taxes. This is a turnkey opportunity not to be missed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.