Real Estate Investing in Granbury, Texas (76048)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76048 (Granbury, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.7% of homes vacant — above national norms.
What’s happening in Granbury, TX (76048)?
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Market Analysis: 76048 Granbury
Not every below-median market is a bargain. Granbury's 76048 ZIP stands at signals that favor experienced operators who can absorb the risk $319K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $319K asset, 76048 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 76048 and stronger Granbury ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 76048 ZIP's population of 26,301 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Strategy in 76048 is an operator game, not a passive one. Put differently, entry prices of $319K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Granbury:
Property Strategy for 76048
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $226,495 | $1,300 | 4.1% | +7.0% | $113,247 |
| 3BR | $296,554 | $1,560 | 3.8% | +6.1% | $98,851 |
| 4BR | $476,596 | $2,020 | 3.1% | +8.1% | $119,149 |
| 5BR | $709,179 | — | — | +9.9% | $141,836 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76048 Compare?
| Metric | 76048 | Granbury | Granbury, TX | Texas |
|---|---|---|---|---|
| Home Value | $318,658 | $365,814 | N/A | $297,000 |
| 5-Year CAGR | 2.4% | 2.9% | N/A | 5.4% |
| Avg Rent | $1,586 | $1,814 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76048 (Granbury, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $318,658 |
| Monthly Rent | $1,586 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | -6.1% ▼ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 76048
Population: 26,301
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 76048
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Are landlord laws favorable in Granbury, TX?
Rental owners in Granbury, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is the tenant base reliable in Granbury, TX?
The renter base in Granbury, TX is reasonable for the $1,586/mo price point. Screening well and pricing to market typically yields reliable tenants.
Are homes affordable in Granbury, TX?
Granbury, TX median home values land near $319K. That is reasonable territory for investors looking at $1,586/mo-per-month rentals.
How high is vacancy risk in Granbury, TX?
Granbury, TX carries elevated vacancy risk. Expect measured absorption at market rents of $1,586/mo.
What does house hacking look like in Granbury, TX?
For house hackers, Granbury, TX is a challenging. The $1,586/mo rent on a unit helps defray the mortgage on a $319K property.
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How 76048 ranks in Granbury, TX
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