$297,500
SOLD JAN 22, 2025
Last list price

2800 James Rd Granbury, TX 76049

5 Beds
4 Baths
1,760 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

5 Days on Market

Highlights

  • Converted Garage
  • 1 Car Attached Garage
  • 1-Story Property
  • Acton Elementary School Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2025

Fantastic steady income opportunity on this full duplex (includes both 2800 & 2802 James Rd) with easy accessibility to highway 377 & FM 4 in historic Granbury. Unit 2800 is tenant occupied until January 2026, Unit 2802 is tenant occupied until July 2025. Both units have been continuously occupied and gradually upgraded since 2016. Unit 2802 has a converted garage that easily works as a 3rd bedroom with exterior egress. Ovens were replaced in both units in 2023, dishwashers in 2022 & 2024. Durable tile floor in both units make for a quick turn time between tenants. Roof replaced on full duplex in 2023. Fences in 2017, water heaters in 2018, HVAC in 2022 & 2019. Full interior paint and exterior paint within the last 5 years. Bathrooms upgraded. Units are in great shape for easy income production. Proof of funds required prior to showings and minimum 48 hour notice required as agent must be present during all showings.

Last Agent to Sell the Property

Michelle Coker

Fathom Realty LLC Brokerage Phone: 888-455-6040 License #0428340 Listed on: 12/16/2024

Fathom Realty LLC

Last Buyer's Agent

Kelly Van Buren

Keller Williams Brazos West

Keller Williams Brazos West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 2000

Parking

  • 1 Car Attached Garage
  • Converted Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Acton Elementary And Middle School
  • Granbury High School

Additional Features

  • 2,178 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • 1,984 Sq Ft Building
  • James Road Sub Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number R000091076
  • $3,242 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,290

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 11158
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 149.94960
  • Attribution Contact: 888-455-6040
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Interior Amenities: Other
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Siding

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 1
  • Number Of Parking Spaces: 1
  • Parking Features: Converted Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Electricity Connected

Condo/Co-op/Association

  • Complex Name: James Road Subdivision
  • Association Type: None

Schools

  • School District: Granbury ISD
  • Elementary School: Acton
  • Middle School: Acton
  • High School: Granbury
  • School District: Granbury ISD
  • Elementary School: Acton

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.0500
  • Parcel Number: R000091076
  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2178.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2000
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 18336.00
  • Gross Annual Income: 29493.00
  • Insurance Expense: 1952
  • Tenancy: No Smoking, Over 9 Months, Pets Allowed, Written Application Only
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 3242
  • Tax Lot: 8

MLS Schools

  • Middle School Name: Acton
  • Elementary School Name: Acton
  • High School Name: Granbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Jan 22, 2025
Sold by
Lewis Dan Allen and Lewis Donna Gail
Bought by
Heck Caleb S
Seller's Agent
Michelle Coker
Fathom Realty LLC
Buyer's Agent
Kelly Van Buren
Keller Williams Brazos West
List Price
$297,500
Views
8
Current Estimated Value
$293,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$223,125
Outstanding Balance
$222,528
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$76,496

Purchase Details

Closed on
Mar 11, 2016
Sold by
Coyer Shirley A and Estate Of Wayne Lee Coyer
Bought by
Lewis Dan Allen and Lewis Donna Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2014
Sold by
Coyer Wayne L and Coyer Shirley A
Bought by
Lewis Dan Allen Et Ux Donna Gail

Purchase Details

Closed on
May 18, 2004
Sold by
Sittman Robert W
Bought by
Lewis Dan Allen Et Ux Donna Gail

Purchase Details

Closed on
Jul 11, 2000
Sold by
Melrose Construction Inc
Bought by
Lewis Dan Allen Et Ux Donna Gail

Purchase Details

Closed on
Jan 25, 2000
Bought by
Lewis Dan Allen Et Ux Donna Gail
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Stonewall Title Company
Vendors Lien -- Central Texas Title
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,125 New Conventional
Previous Owner $158,900 New Conventional
Previous Owner $158,900 New Conventional
Previous Owner $108,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold -- -- --
12/22/2024 12/22/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $297,500 -- $169 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,290 $270,380 $20,000 $250,380
2023 $3,790 $311,450 $20,000 $291,450
2022 $3,782 $284,220 $10,000 $274,220
2021 $3,029 $197,310 $10,000 $187,310
2020 $2,651 $170,700 $10,000 $160,700
2019 $2,775 $170,700 $10,000 $160,700
2018 $3,031 $186,410 $10,000 $176,410
2017 $2,488 $148,780 $10,000 $138,780
2016 $2,488 $148,780 $10,000 $138,780
2015 $2,167 $127,480 $10,000 $117,480
2014 $2,167 $130,820 $10,000 $120,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20797826

North Texas Real Estate Information Systems (NTREIS)

APN: R000091076