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$499,990
Monthly Est:$2,489
4 Beds
- 3 Baths
3 full baths
3,126sqft
201 S Jones St, Granbury, TX 76048
$499,990
$2,489/moEst:
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Quadruplex
Built in 1943
$-- HOA
0.07 acre lot
$160/sq.ft
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!
- Houzeo last checked: 13 minutes ago
- Listing updated: October 30, 2026 at 7:10 am
- Listing Provided by: Chenchi Kuriakose | Stride Real Estate, LLC (469) 329-0962
- Source: NTREIS MLS-TX | MLS#: 21422975

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1943
HOA Fees
-
Finished Area
3,126 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21422975
MLS Status
Active
Cumulative Days on Market
2

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Appliances
Dryer, Electric Range, Gas Range, Refrigerator, Washer
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Flooring
Laminate, Tile
Interior Features
Decorative Designer Lighting Fixtures, Eat In Kitchen, Pantry, Walk In Closets
Construction
Year Built
Year Built: 1943
Home type
Quadruplex
Property Condition
Resale
Roof
Composition
Foundation Details
Pillar Post Pier
Construction Materials
Wood Siding
Utilities & Energy
Utilities
Natural Gas Available, Sewer Available, Separate Meters, Water Available
Pool Features
None
Water Source
Public
Parking Features
Assigned, Converted Garage, Common, Golf Cart Garage, Open, Parking Lot, Garage Faces Side
Other Features
Community Features
Curbs
Subdivision Name
Thrash
Price History
| Date | Event | Price |
|---|---|---|
10/11/2025 Source: | Listed for Sale | $599,000 $192/sqft |
10/11/2025 Source: | Off Market | $599,000 +20.04% $192/sqft |
07/24/2023 Source: | Sold | $499,000 +21.71% $160/sqft |
10/01/2022 Source: | Listing Removed | $410,000 +26.15% $131/sqft |
10/14/2021 Source: | Sold | $325,000 $104/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 04, 2026, 08:00PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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