MULTIFAMILYRADAR
21-Unit Multifamily in Granbury, TX, photo 11 / 3
Stabilized
$1,875,000

21-Unit Multifamily in Granbury, TX

TX · listed Aug 7, 2026 (82 days)

Price per unit compared
This property$89K
Within ~40 mi (45)$172K
Texas median (1,029)$100K
$/unit
$89,286
▼ 11% vs TX · 41st pct
Cap rate
—
 
Gross yield
—
 
Units
21
21 bldg · 1998

Financials

Asking price
$1,875,000
Price per unit
$89,286
Price per sq ft
$1,875
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
21
Unit mix
Not stated
Buildings
21
Year built
1998
Building size
1,000 sq ft
Avg unit size
48 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Aug 7, 2026
Days on market
82 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2066

About this property

Twenty one homes. Two counties. One closing. This is scale without the wait. No assembling one house at a time. No stacking twenty separate closings. No years spent building what is already standing. The homes are here, the tenants are in place, the rent is already collecting and many of these tenants have been in place for years. 18 of the homes are located in Granbury, the center of gravity. Hood County has spent the last decade absorbing the growth pushing southwest out of Fort Worth. 3 of the homes are in Johnson County: Keen and Joshua. The property is at 100% occupancy. Full property schedule, legal descriptions, and rent detail available to qualified buyers on request.

Location

Approximate area. The exact address is shared on request.

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