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Under contract
    • Price cut: $36K (6/23)
    $699,000

    603 Panama Ct, Granbury, TX 76048

    3beds
    2,024sqft
    : 
    $4,754/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    9,713 Square Feet Lot
    $672,900 Zestimate®
    $345/sqft
    $-- HOA

    What's special

    Stainless steel appliancesAbundant windowsNatural lightNew quartz countertopsExceptional outdoor amenitiesPeaceful lake viewsVaulted ceilings
    Beautifully updated lakefront home in The Shores addition of Granbury, no City Taxes, outside City limits, no HOA! Can be an Airbnb! This move in ready property features wood look ceramic tile flooring, fresh interior and exterior paint, and plantation shutters throughout. The open layout offers vaulted ceilings and abundant windows, filling the home with natural light and showcasing peaceful lake views. The spacious kitchen is perfect for entertaining with new quartz countertops, stainless steel appliances, and a large island. A reverse osmosis water drinking system adds extra convenience. The primary suite includes a newly updated bath with quartz countertops, an oversized shower, and a lighted vanity mirror. Step outside to a 21x18 covered porch under a cedar pergola that is ideal for relaxing or entertaining lakeside. The impressive 18x35 dock features a 10.5x25 boat slip, 30-ft touchless remote-controlled boat cover, 4,000 lb boat lift with V hull cradle, and a 4.75 kW solar system. Additional upgrades include a new HVAC system, a roof just 6 years old, and a sprinkler system powered by a 220V 1.5 HP pump with low-cost lake water usage approx. $53 per year. Enjoy lake living at its best with modern updates, energy-efficient features, and exceptional outdoor amenities!
    130 days
    |
    239
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Metcalf 0640411,

    Wethington Agency 817-720-6300

    Source: NTREIS,MLS#: 21210333

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Closet Cabinetry, Ceiling Fan(s)
      • Level: First
      • Dimensions: 16 x 15
      Bedroom
      • Features: Closet Cabinetry, Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Dimensions: 12 x 12
      Bedroom
      • Features: Closet Cabinetry, Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Dimensions: 13 x 12
      Primary bathroom
      • Features: Built-in Features, Dual Sinks, Garden Tub/Roman Tub, Stone Counters, Separate Shower
      • Level: First
      • Dimensions: 16 x 7
      Breakfast room nook
      • Features: Breakfast Bar, Ceiling Fan(s)
      • Level: First
      • Dimensions: 10 x 12
      Dining room
      • Level: First
      • Dimensions: 13 x 12
      Other
      • Features: Built-in Features, Double Vanity, Stone Counters, Separate Shower
      • Level: First
      • Dimensions: 12 x 5
      Kitchen
      • Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Stone Counters
      • Level: First
      • Dimensions: 14 x 12
      Laundry
      • Features: Built-in Features, Closet
      • Level: First
      • Dimensions: 8 x 7
      Living room
      • Features: Built-in Features, Ceiling Fan(s), Fireplace
      • Level: First
      • Dimensions: 21 x 16
      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Water Purifier
      • Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
      Features
      • Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV
      • Flooring: Carpet, Ceramic Tile, Tile
      • Windows: Shutters, Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Masonry, Wood Burning
      Interior area
      • Total interior livable area: 2,024 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Door-Single, Driveway, Garage Faces Front, Boat, RV Access/Parking
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Covered
      • Exterior features: Boat Slip, Dock, Lighting, Rain Gutters, Storage
      • Pool features: None
      • Fencing: Wood,Wrought Iron
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Waterfront features: Boat Dock/Slip, Canal Access, Lake Front, Waterfront
      Lot
      • Size: 9,713 Square Feet
      • Dimensions: 9720 sq ft
      • Features: Back Yard, Hardwood Trees, Lawn, Landscaped, Many Trees, Subdivision, Sprinkler System, Waterfront, Retaining Wall
      Details
      • Parcel number: R000033827

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1989

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Septic Available, Water Available, Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: The Shores
      HOA
      • Has HOA: No
      Location
      • Region: Granbury

      Financial & listing details

      • Price per square foot: $345/sqft
      • Tax assessed value: $621,190
      • Annual tax amount: $6,471
      • Date on market: 3/19/2026
      • Cumulative days on market: 130 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $672,900

        $639,000 - $707,000

        $2,107/mo

        Price history

        DateEventPrice
        7/21/2026Contingent$699,000$345/sqft
        Source: NTREIS #21210333 Report a problem
        7/13/2026Pending sale$699,000$345/sqft
        Source: NTREIS #21210333 Report a problem
        7/7/2026Contingent$699,000$345/sqft
        Source: NTREIS #21210333 Report a problem
        6/23/2026Price change$699,000-4.9%$345/sqft
        Source: NTREIS #21210333 Report a problem
        6/12/2026Price change$735,000-2%$363/sqft
        Source: NTREIS #21210333 Report a problem
        5/27/2026Price change$750,000-2.5%$371/sqft
        Source: NTREIS #21210333 Report a problem
        5/5/2026Price change$769,500-1.3%$380/sqft
        Source: NTREIS #21210333 Report a problem
        4/5/2026Price change$779,500-2.6%$385/sqft
        Source: NTREIS #21210333 Report a problem
        3/19/2026Listed for sale$799,900+14.4%$395/sqft
        Source: NTREIS #21210333 Report a problem
        7/15/2023Listing removed--
        Source: NTREIS #20376236 Report a problem
        7/11/2023Contingent$699,000$345/sqft
        Source: NTREIS #20376236 Report a problem
        7/8/2023Listed for sale$699,000+94.2%$345/sqft
        Source: NTREIS #20376236 Report a problem
        7/19/2019Sold--
        Source: Agent Provided Report a problem
        7/10/2019Pending sale$360,000$178/sqft
        Source: Keller Williams Realty #14100435 Report a problem
        5/30/2019Listed for sale$360,000$178/sqft
        Source: Keller Williams Realty #14100435 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,816 -18.1%$621,190 +10.3%
        2024$4,661 +4.8%$562,930 -8.9%
        2023$4,446 -26.8%$618,080 +35.4%
        2022$6,074 +10.1%$456,440 +24.9%
        2021$5,516 +1.2%$365,510 +2.9%
        2020$5,452 +100.7%$355,110 +36%
        2019$2,716 +1%$261,170 +8.6%
        2018$2,689 $240,460 +5.6%
        2017$2,689 +6.4%$227,730 +23.6%
        2016$2,526 -11.1%$184,270
        2015$2,842 $184,270 -15.8%
        2014$2,842 $218,790 +2.7%
        2013-- $213,080 -8%
        2012-- $231,650 +15.6%
        2011-- $200,320 -5.6%
        2010-- $212,170 -0.7%
        2009-- $213,750 +1%
        2008-- $211,530
        2007-- $211,530 +1.7%
        2006-- $208,030 +7.2%
        2005-- $194,120 +6.6%
        2004-- $182,120 +6.5%
        2003-- $170,940 +10%
        2002-- $155,400 +0.3%
        2001-- $155,010 +10%
        2000-- $140,920
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 76048

        Getting around

        50 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Emma Roberson
        • Middle: Granbury
        • High: Granbury
        • District: Granbury ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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