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League Real Estate
201 S Jones St, Granbury, TX 76048
- $499,990
- 4
- BD
- 3
- BA
- List Price
- $499,990
- MLS#
- 21422975
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1943
- Construction Status
- Preowned
- Bedrooms
- 4
- Full Baths
- 3
- Acres
- 0.07
- County
- Hood
- City
- Granbury
- Subdivision
- Thrash
- Building Name
- 201 S Jones
Property Description
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!
Additional Information
- Lot Size
- 3,049
- Acres
- 0.07
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, Pantry, Walk-In Closet(s)
- Flooring
- Laminate, Tile
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Parking Garage
- Assigned, Converted Garage, Common, Golf Cart Garage, Open, Parking Lot, Garage Faces Side
- School District
- Granbury Isd
- Elementary School
- Emma Roberson
- Middle School
- Granbury
- High School
- Granbury
- Possession
- CloseOfEscrow
- Community Features
- Curbs
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Listing courtesy of Chenchi Kuriakose from Stride Real Estate, LLC. Contact: 469-329-0962
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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