For Sale
$4,181,760

4955 Hwy Granbury, TX 76049

16 Acres, Prime Location, Multi-Family Zoning

Overview

Added:
Feb 3
Days on market:
78
This exceptional 16-acre tract presents a remarkable investment opportunity in the thriving town of Granbury, Texas. Ideally situated adjacent to established retail and grocery stores, this property offers unparalleled convenience and accessibility. Its multi-family zoning designation unlocks significant potential for developers seeking to capitalize on the robust housing demand within Granbury's expanding market. The location provides future residents with easy access to essential amenities while still maintaining a strong connection to the town's unique character. Granbury boasts a rich history, a vibrant cultural scene centered around its historic square, and the picturesque beauty of nearby Lake Granbury, creating a highly desirable living environment. This translates to a strong rental market and high occupancy rates for any developed multi-family project. The property's zoning is already approved for multi-family use, eliminating potential delays and streamlining the development process. This turnkey opportunity allows for immediate planning and construction, maximizing return on investment. The expansive acreage provides ample space for a substantial multi-family development, catering to the growing need for housing in this dynamic Texas town. This is a rare chance to acquire a prime piece of land in a flourishing community with exceptional potential for long-term growth and profitability.

Property Details for 4955 Hwy

Property type
Commercial real estate
Lot Size (sq. ft)
696,960 SF

Location Insight

City
Granbury
County
Hood
State
Texas
Latitude
32.46166
Longitude
-97.7023

FAQs

What type of property is this?
Commercial real estate - 16 Acres, Prime Location, Multi-Family Zoning
Where is the commercial real estate located?
The property is located at 4955 Hwy Granbury, TX.
What is the asking price?
The asking price for this property is $4,181,760.
How can I contact the broker?
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4955 Hwy
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