201 S Jones St, Granbury, TX, 76048
About This Home
Located just five blocks from Granbury’s beloved Historic Square, this fully renovated triplex offers a rare 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 updates 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 also offers its own distinct character, along with a private back or side yard space. Whether you are looking to expand your rental portfolio, generate income through midterm rentals, or secure a long term investment property near the heart of Granbury, this triplex checks all the boxes. With its prime location, extensive renovations, and flexible rental potential, this is a standout investment opportunity in a market where triplexes are rarely available. A turnkey property this close to the Historic Square does not come along often, don’t miss your chance to own this unique Granbury gem.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1943
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Electric Range,Gas Range,Refrigerator,Washer
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Pantry,Walk-In Closet(s)
- Flooring: Laminate,Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 3,129 sqft
Master Bedroom
- Level: Second
- Dimensions: 1 x 1
Master Bedroom
- Level: Second
- Dimensions: 1 x 1
Property
Details
- Parcel number: R000038604
- Attached to another structure: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 3,049 sqft
Parking
- Parking features: Assigned,Converted Garage,Common,Golf Cart Garage,Open,Parking Lot,Garage Faces Side
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Lightning
- Heat Wave
- Inland Flooding
- Strong Wind
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,730 | $32,760 |
| Home Insurance * | $489 | $5,868 |
| Property Taxes | $717 | $8,604 |
| Electricity | $343 | $4,122 |
| Total | $4,279 | $51,348 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-25 | Listed for sale | $539,990 |
| 2026-04-14 | Listing removed | $599,000 |
| 2025-10-12 | Listed for sale | $599,000 |
| 2025-03-07 | Listing removed | $2,700 |
| 2025-01-11 | Listed for rent | $2,700 |
| 2024-12-06 | Listing removed | $2,700 |
| 2024-11-30 | Listed for rent | $2,700 |
| 2024-11-06 | Listing removed | $2,700 |
| 2024-10-19 | Listed for rent | $2,700 |
| 2024-10-05 | Listing removed | $2,700 |
| 2024-09-22 | Listed for rent | $2,700 |
| 2024-09-10 | Listing removed | $2,700 |
| 2024-07-17 | Price change | $2,700 |
| 2024-05-06 | Price change | $3,000 |
| 2023-11-05 | Listed for rent | $3,300 |
| 2023-08-31 | Sold | -- |
| 2023-08-14 | Pending sale | $499,000 |
| 2023-08-03 | Contingent | $499,000 |
| 2023-07-31 | Listed for sale | $499,000 |
| 2023-07-30 | Contingent | $499,000 |
| 2023-07-24 | Listed for sale | $499,000 |
| 2023-02-28 | Listing removed | -- |
| 2023-02-07 | Listed for rent | $3,300 |
| 2023-01-11 | Listing removed | -- |
| 2022-12-21 | Listed for rent | $3,300 |
| 2021-10-12 | Sold | -- |
| 2021-09-16 | Pending sale | $325,000 |
| 1987-02-25 | Sold | -- |
For Sale by Agent
View on Zillow