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$499,990

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4 Beds

3 Baths

3,049 Sqft Lot

New

201 S Jones Street Granbury, TX 76048

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Jordan Karnes

jordan.karnes@brixrealty.com +1(214) 463-0969

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Thrash

MLS Listing ID 21422975

Bedrooms 4

Full Baths 3

HOA Y/N None

Total Fin. Sqft 3126

Year Built 1943

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Quadruplex

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!

Location

State TX

County Hood

Direction From Granbury Square, head west on US Hwy 377, left onto S Jones St, home be on corner of S Jones & W Bluff.

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, Pantry, Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Laminate, Tile

Appliance Dryer, Electric Range, Gas Range, Refrigerator, Washer

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter

Roof Type Composition

Garage Yes

Building

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Wood

Schools

Elementary Schools Emma Roberson

Middle Schools Granbury

High Schools Granbury

School District Granbury Isd

Others

Acceptable Financing 1031 Exchange, Assumable, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Assumable, Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21422975

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Chenchi Kuriakose • Stride Real Estate, LLC

NEARBY SCHOOL & BUSINESS

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Jordan Karnes

REALTOR®, Dallas Market Leader & Senior Executive License ID: 0770700

+1(214) 463-0969

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201 S Jones Street Granbury, TX 76048

Jordan Karnes

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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201 S Jones Street