$304,484 EMV

1,887 Sq. Ft.   Single-Family
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Karen Way
Granbury, TX 76049

Overview

This Single-Family Foreclosure is located at Karen Way, Granbury, TX 76049. It has , 1,887 sqft of living space. This property is currently bank owned with an estimated market value of $304,484.
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Status: Active
Listing ID: 64521501
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Homes near Karen Way in Granbury, Texas


Learn about Karen Way in Granbury, TX

This single-family property is available as a foreclosure at Karen Way. With 1,887 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Granbury, specifically for Karen Way and comparable listings. Based on this expert analysis, the estimated market value is $304,484. If purchased for rental purposes, the monthly rental rate could range between $1,408 and $1,500, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Karen Way are updated daily along with others in Granbury, Texas, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Karen Way below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Karen Way in Granbury Texas Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Karen Way
View Foreclosure Status
11/19/25
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
11/24/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Granbury, TX like?

Granbury is a charming small town located on the shores of Lake Granbury, offering a friendly community atmosphere that's perfect for families and retirees alike. The historic downtown area features a variety of local shops, restaurants, and art galleries, making it a delightful place to stroll and explore. The town also hosts numerous festivals and events throughout the year, fostering a strong sense of community among its residents.

Granbury boasts a variety of outdoor activities, thanks to its proximity to Lake Granbury, where residents can enjoy fishing, boating, and swimming. The scenic waterfront park offers picnic areas, walking trails, and playgrounds, making it a popular spot for families. Additionally, the surrounding countryside provides ample opportunities for hiking, biking, and enjoying nature.

Education is a priority in Granbury, with well-regarded schools that serve the community, including Granbury High School and several highly-rated elementary and middle schools. The town's commitment to education is reflected in its active involvement in local charities and programs that support students and families. Public transportation options are limited, but the town's small size makes it easy to navigate by car or bike.

Nearby Schools

There are 4 schools in the area. Nearby schools include Granbury High School and Granbury Middle School.

Granbury High School
Granbury Middle School
Mambrino Elementary School
Acton Middle School

Nearby Attractions

There are plenty of activities near this property like Granbury Library, Granbury Medical Center, and more.

Granbury Library
Granbury Medical Center
Civic Center
Granbury Performing Arts Theater

What kind of public transportation is there?


Public transportation options include: Limited bus services available through the Granbury Transit system., Residents primarily rely on personal vehicles for transportation.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Granbury City Beach Park, Briar Oaks Park and more.

Granbury City Beach Park
Briar Oaks Park
Lakeside Park
Old Jail Art Center

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon Wireless
AT&T
T-Mobile

Internet Providers

Spectrum
AT&T
Frontier
Rental Chart
View Rental and Market Value
for Karen Way in Granbury Texas
View Market Value

Property Information

Public Records

Community & Neighborhood

This property in Granbury, TX is located in the Enchanted Village Addition Subdivision.


Foreclosure

The property located at Karen Way in Granbury, TX is listed as a Foreclosure

Properties like Karen Way in Granbury, Texas listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Granbury, TX. The longer lenders own properties like this on Karen Way, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Karen Way located in Granbury, TX is $1,430/month. Comparable homes around Karen Way that are rentals have monthly ranges starting as low as $1,408 per month and as high as $1,500 per month. An owner looking to use this property as an investment could bring a return in the area of $1,408 - $1,500 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Preforeclosure
11/24/25 - 11/24/25

The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.

Status: Inactive

Foreclosure
11/19/25 - - Present

The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.

Status: Active

Preforeclosure

FREEDOM MORTGAGE CORP

10/29/25 - 11/04/25

Status: Inactive

Preforeclosure

FREEDOM MORTGAGE CORPORATION

09/04/25 - 11/04/25

Status: Inactive

Preforeclosure
09/03/25 - 11/04/25

Status: Inactive

Similar Homes Nearby Granbury, TX


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Karen Way
Granbury, TX 76049

1,887 sq. ft.   Single-Family

$304,484 EMV

Status: Active Listing ID: 64521501

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Karen-Way-Granbury-TX-76049/64521501_lid

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