516 Lydia Lane
About This Property
Welcome to this stunning 4-bedroom, 3.5-bathroom custom home set on over one acre with a picturesque creek running through the back in Granbury's friendly and peaceful Rolling Creek Ranch community. A welcoming covered front porch invites guests inside, where you'll find tall 10-foot ceilings, large windows that flood the home with natural light, and a professional, custom-designed open floor plan perfect for everyday living and entertaining.
The spacious living room features a floor-to-ceiling stone fireplace with hearth and flows seamlessly into the dining area and island kitchen. The well-appointed kitchen boasts custom cabinetry, ample counter space and storage, granite countertops, a gas cooktop, and a breakfast bar-a true chef's delight. Enjoy fresh neutral paint and wood floors throughout, meaning no carpet anywhere!
The private primary suite offers beautiful views of the backyard and a spa-like ensuite bath with a freestanding footed tub, separate shower, dual sinks, and a walk-in closet. Three additional bedrooms provide ample closet space and storage, perfect for family or guests.
Above the garage, the spacious game room with kitchenette and private entrance offers endless flexibility-ideal as a guest suite, home office, or media room. Additional highlights include a large utility room with cabinetry, sink, and storage, spray foam insulation, and full exterior brick with a limestone fireplace for lasting quality and energy efficiency.
Step outside to a fabulous covered back porch overlooking the serene backyard with mature oak trees-the perfect spot to relax or entertain. Enjoy the Rolling Creek Ranch amenities including fishing ponds, pavilion, pickleball courts, and dog park, all just minutes from Granbury Lake, HWY 377, local shops, and dining.
This home truly combines custom design, comfort, and country charm in one of Granbury's most desirable neighborhoods!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Apr 6, 2026 | Price Decreased |
$500,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Mar 18, 2026 | Price Decreased |
$505,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017