201 S Jones St, Granbury, TX 76048

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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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Calculator source: Real Geeks

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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