3903 Montgomery Drive
About This Property
Welcome home to 3903 Montgomery Dr, a beautifully appointed 2-bedroom, 2-bathroom residence offering incredible value. Perfectly positioned on the Fort Worth side of Granbury, this property offers a peaceful lifestyle with waterfront access alongside a convenient, easy commute toward the Metroplex.
Step inside to discover a light-filled open concept floor plan designed for modern comfort. The main living space features stylish, durable grey wood-look flooring and a neutral color palette that flows seamlessly into the well-equipped kitchen. Culinary enthusiasts will appreciate the bright white cabinetry, granite look countertops, stainless steel appliances, double sink, and over the range microwave.
The primary bedroom serves as a comfortable retreat complete with an en-suite bathroom. The secondary bedroom and bathroom are equally well-appointed, featuring modern bath finishes, including custom subway tile shower surrounds and sleek vanity fixtures.
Outside, enjoy the premier perks of waterfront access, ideal for lake days, boating, fishing, or simply relaxing near the water. Whether you are looking for an affordable primary residence, a low-maintenance starter home, a lock-and-leave weekend getaway, or a high demand investment property, this turnkey Granbury gem is an absolute must-see!
Zoned to acclaimed Granbury ISD schools . Schedule your private tour today before it's gone!
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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 |
|---|---|---|---|
| Oct 28, 2026 | Sold | ||
| Sold | |||
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Price Decreased |
$164,900
↓ $20K
(10.8%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by Keller Williams Brazos West | $184,900 | |
| Listed by Keller Williams Brazos West | |||
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About Hood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017