1818 Boot Hill Road
About This Property
Home is located in a quiet neighborhood just one block from the lake. Positioned just off Highway 377, the home provides quick access to retail, dining, and services throughout Granbury. Whether used as a primary residence, secondary residence, or lake-area retreat, this property offers excellent flexibility and value in a desirable lakeside community. Bring your picky buyers.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Listed by Premier N Texas Real Estate | $219,000 | |
| Listed by Premier N Texas Real Estate | |||
| Jul 22, 2019 | Sold | ||
| Sold | |||
| Apr 15, 2019 | Listed by Keller Williams Realty | $139,500 | |
| Listed by Keller Williams Realty | |||
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Original owner custom 2 bedroom 2 full bath home with TONS of storage. Meticulous care taken of all appliances, services, carpets and interior. Many custom and customized appointments over the years. Too much storage to accurately describe here, but there is a LOT! Huge room includes the kitchen, living, dining and den. The ORIGINAL 'Open Concept' plan! Warm and charming, this home will be easy to make your own with very little customization. Quiet neighborhood with great neighbors! One block from the water! HOA has pool, boat launch, fishing dock, club house and more. Just off the main drag of 377 with access to everything! Great home for main OR SECOND home! Perfect lake house getaway! SEE IT!
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Last Updated: 8 months ago
Data Source: NTREIS MLS, MLS# 21115686
Details provided by NTREIS and may not match the public record
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