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  • $500k Price
  • 4 Beds
  • 3 Baths
  • 3,129 Sqft
  • .07 Acres
  • 1943 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $500k Price
  • 4 Beds
  • 3 Baths
  • 3,129 Sqft
  • .07 Acres
  • 1943 Year Built
  • Study
  • Game Room
  • Media
  • Pool

201 S Jones Street
Granbury, Texas 76048

County: Hood Thrash

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$499,900
  • Est. Payment /m
  • Reduced By$40,090
  • Cumulative Days on MarketUnlock
  • MLS® #21308130
  • Bedrooms4
  • Bathrooms3.00
  • Square Footage3,129
  • Acres0.07
  • Year Built1943
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive
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Quick Valuation Analysis from 4 Active and 6 Sold Listings

Pricing Trends from 4 Active Listings in Thrash

This Home's Price $499,900 This Home's Price Per SqFt $
Average Price $418,600 Average Price Per SqFt $
Highest Price $499,900 Highest Price Per SqFt $
Lowest Price $274,999 Lowest Price Per SqFt $

Pricing Trends from 6 Sold Listings in Thrash

This Home's Price $499,900 This Home's Price Per SqFt $
Average Price $327,150 Average Price Per SqFt $
Highest Price $454,900 Highest Price Per SqFt $
Lowest Price $255,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address201 S Jones Street
  • SubdivisionThrash
  • CityGranbury
  • CountyHood
  • StateTexas
  • Zip Code76048
  • HOANone
  • UtilitiesCity Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter

Amenities

  • GaragesAssigned, Common, Converted Garage, Garage Faces Side, Golf Cart Garage, Open, Parking Lot

Interior

  • Interior FeaturesDecorative Lighting, Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • FloorsLaminate, Tile

Construction Details / Floorplan

  • Full Baths3
  • RoofComposition
  • FoundationPillar/Post/Pier

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Private Listing Information (Registration Required)

Listing Details

  • AgentChenchi Kuriakose
  • OfficeStride Real Estate, Llc

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Listing information last updated on October 15th, 2026 at 7:46pm CDT.