2800 James Road

Granbury, TX 76049

$297,500
Price
5
Beds
4
Baths
1,984 Sq. Ft.
$150 / Sq. Ft.
1,984
Sq. Ft.
$150
per Sq. Ft.

Description

Fantastic steady income opportunity on this full duplex (includes both 2800 & 2802 James Rd) with easy accessibility to highway 377 & FM 4 in historic Granbury. Unit 2800 is tenant occupied until January 2026, Unit 2802 is tenant occupied until July 2025. Both units have been continuously occupied and gradually upgraded since 2016. Unit 2802 has a converted garage that easily works as a 3rd bedroom with exterior egress. Ovens were replaced in both units in 2023, dishwashers in 2022 & 2024. Durable...Fantastic steady income opportunity on this full duplex (includes both 2800 & 2802 James Rd) with easy accessibility to highway 377 & FM 4 in historic Granbury. Unit 2800 is tenant occupied until January 2026, Unit 2802 is tenant occupied until July 2025. Both units have been continuously occupied and gradually upgraded since 2016. Unit 2802 has a converted garage that easily works as a 3rd bedroom with exterior egress. Ovens were replaced in both units in 2023, dishwashers in 2022 & 2024. Durable tile floor in both units make for a quick turn time between tenants. Roof replaced on full duplex in 2023. Fences in 2017, water heaters in 2018, HVAC in 2022 & 2019. Full interior paint and exterior paint within the last 5 years. Bathrooms upgraded. Units are in great shape for easy income production. Proof of funds required prior to showings and minimum 48 hour notice required as agent must be present during all showings.
  1. Listed by Michelle Coker • TREC #0428340 • Fathom Realty LLC • 888-455-6040

Property Details for 2800 James Road

Subdivision Name
James Road Sub
Pool
No
Garage Spaces
1
Number Of Parking Spaces
1
LISTING UPDATED: 12/24/2024 08:03 AM

Property Details for 2800 James Road

StatusActive Contingent
MLS #20797826
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built2000
Lot Size0.05 AC / 2,178 SF
CountyHood County

Building Information for 2800 James Road

Stories1Residences2Year Built2000Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 2800 James Road

Summary
Location and General Information
  • Complex Name: James Road Subdivision
  • Directions: From Highwat 377 head southeast on FM4, turn right on James Rd
  • Elementary School: Acton
  • Elementary School Name: Acton
  • High School: Granbury
  • High School Name: Granbury
  • Middle School: Acton
  • Year Built Details: Preowned
  • School District: Granbury ISD
  • Geocode Confidence: High
  • Latitude: 32.44
  • Longitude: -97.71
  • State: Texas
Parking
  • Parking Features: Converted Garage
  • Attached Garage: Yes
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: LOT: 8 SUBD: JAMES ROAD SUBDIVISION
  • Association Type: None
  • Tax Lot: 8
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Tile
  • Heating: Central, Electric
  • Interior Features: Other
  • Appliances: Dishwasher, Disposal, Electric Range
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick, Siding
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2178.0
  • Multi Parcel ID: No
  • Parcel Number: R000091076
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 3.75%
  • Gross Annual Expenses: $18,336
  • Gross Annual Income: $29,493
  • Insurance Expense: $1,952
  • Tenancy: No Smoking, Over 9 Months, Pets Allowed, Written Application Only
  • Total Annual Expenses Include: Accounting, Capital Improvements, Insurance, Mortgage/Loans
  • Net Operation Income: $11,158.00
Unit 1
  • Approximate SQFT: 900.0
  • Average Lease Amount: $1,150.00
  • Living Area Length: 12.0
  • Living Area Width: 11.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
Unit 2
  • Approximate SQFT: 1150.0
  • Average Lease Amount: $1,375.00
  • Living Area Length: 12.0
  • Living Area Width: 11.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom

Property History for 2800 James Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2800 James Road

Taxable ValueLand$20,000Additions$250,380Total$270,380
Tax Record2024$3,290 ($274 / month)
Home Facts
Total Finished SqFt1,984 SqFtAbove Grade Finished SqFt1,984 SqFtStories1StyleQuadraplexYear Built2000CountyHOODAPN17012.000.0008.0

Schools near 2800 James Road

This home is within Granbury Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Acton Elementary School
PublicPK to 5

Acton Middle School
Public6 to 8

Granbury High School
Public9 to 12

Stars Accelerated High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fathom Realty LLC, Michelle Coker

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