# 201 S Jones Street, Granbury, TX

> This Residential Income listing has 4 Beds, 3 Full Baths. Schedule a showing for 201 S Jones Street in Granbury, TX.

- Price: $499,990
- Status: Active
- Property Type: Residential Income
- MLS ID: 21422975
- Features: 4 Beds, 3 Full Baths
- Photo: https://prd-pbgo-mls-photos.s3.amazonaws.com/ntreis/properties/photos/580312483_6328c2a9d637eecee640422f468ce3bb.jpg

## 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!

## Attribution

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North Texas Real Estate Information Systems, Inc. data last updated on October 30, 2026 03:57 AM - CT

Property last updated: October 30, 2026 03:57 AM - CT.