3605 Blueberry Trl Granbury, TX 76048
This exceptional 1-acre residential lot in Granbury, Texas, presents a unique opportunity. Located in the desirable Oak Trail Shores community, this property boasts breathtaking views of Lake Granbury and the Brazos River. The partially completed 4,336 square foot, 5-bedroom, 5-bathroom house offers significant built-in equity for a savvy investor or contractor. While roughly 65% complete, the structure is in place, providing a solid foundation for finishing. Two quotes for completion are available. The seller is offering owner financing with attractive terms: $355,000 purchase price, 10% down payment, 10% interest, a 2-year balloon payment, and a 20-year amortization schedule resulting in monthly payments of approximately $3,083.24. The HOA provides access to multiple parks, a pool, a community center, and two boat launches. The property is zoned residential and includes master plans, although a survey is not available. Note that the seller will not be completing the construction and no repairs will be made. This is an ideal opportunity to create a luxurious lakefront home or a high-end Airbnb. The master suite features a sitting room, dressing area, large walk-in closets, and a balcony overlooking the lake. Plumbing is in place for a jetted tub and separate shower. This is a 1031 exchange eligible property. The property is located at 3605 Blueberry Trail, Granbury, TX 76048.
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.
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Risks
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