201 S Jones Street, Granbury, Texas, 76048

Listed by Stride Real Estate, LLC, Chenchi Kuriakose, 214-232-4587
$499,990
3,126 Sqft
0.07 Acres
4 bd
3 ba
#21422975
Located just five blocks from Granbury’s beloved Historic Square, this fully renovated triplex offers a rare investment opportunity in one of the area’s most charming and desirable locations. Thoughtfully updated from top to bottom since 2020, the property features a newer roof, updated windows, fresh paint, new flooring, remodeled bathrooms, improved attic insulation, and extensive upgrades to the electrical, plumbing, and gas systems. Each of the three units has been beautifully remodeled, fully furnished, and designed for comfort, flexibility, and convenience. Every unit includes separate utilities and washer and dryer connections, creating an ideal setup for tenants and streamlined ownership. The downstairs units feature central HVAC, while the upstairs unit is equipped with an efficient multi-split system. Each residence offers its own distinct character and private back or side yard space. ADDITIONAL INVESTMENT HIGHLIGHTS: The existing FHA loan is assumable for qualified buyers, subject to lender approval, potentially offering attractive financing advantages. The property also offers additional space with the potential to build a FOURTH UNIT, subject to city approval, zoning, and permitting requirements. Whether you're looking to expand your rental portfolio, generate income through midterm rentals, or secure a long-term investment near the heart of Granbury, this property offers exceptional flexibility and future growth potential. With its prime location, extensive renovations, assumable financing opportunity, and potential for expansion, this turnkey triplex is a standout investment in a market where multifamily properties are rarely available. Don't miss this unique Granbury opportunity!

PROPERTY FEATURES

  • 7 Unit(s)
  • Utilities : City Sewer,City Water,Curbs,Individual Gas Meter,Individual Water Meter
  • Parking Features: Assigned,Common,Converted Garage,Garage Faces Side,Golf Cart Garage,Open,Parking Lot
  • Has Garage
  • Lot Features : Composition
  • Cooling: Ceiling Fan(s),Central Air
  • Heating : Central,Electric
  • Construction Materials: Wood
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Decorative Lighting,Eat-in Kitchen,Pantry,Walk-In Closet(s)
  • Appliances : Dryer,Electric Range,Gas Range,Refrigerator,Washer
  • Flooring : Laminate,Tile
  • Levels : Two
  • Green Verification Count : 0
PROPERTY DETAILS
ID: 21422975
Status: Active
Price: $499,990
Acres: 0.07 Acres
Price Per Acre: $7,142,714
Type: Multi-family
Address: 201 S Jones Street
City, State: Granbury, Texas
County: Hood
Zip Code: 76048
Lat/Long: 32.441218, -97.795077
Presented By: Chenchi Kuriakose
Phone: 214-232-4587
Email: Click to Contact