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Days33Days on Market
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$249,000

1120 N Meadows Drive, Granbury, TX, 76048

On MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size30,056 sqft

Land Information

APN17722.001.0003.0
Lot Number3
SubdivisionMeadows West Addition
Land UseResidential
Legal DescriptionACRES: 0.690 LOT: 3 BLK: 1 SUBD: MEADOWS WEST ADDITION
Census Tract160303
Assessed Land Value$75,140
Assessment Year2025

About this property

Finished Pad Site, Ready to build commercial Lot, in the fast growing City of Granbury! Conveniently located near the Lake Granbury Medical Center, just off of Paluxy Hwy (Hwy 51) and TX Hwy 144. The property is .690 acres, and just over 30,000 square feet. Many possible uses! Located in an area near medical offices, multi-family, and residential are located close to this property. Need more land? There is an additional 8+ acres directly to the rear of this property that is also available. Development plans, site plans etc, are available by request. Motivated seller! Current zoning is light commercial. All information in this listing is deemed accurate but should be verified by the buyer or the buyer's agent. Property held by Receiver, subject to Judicial Approval by the Hood County Court at Law.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Dana Allen

The Agency Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,190
$75,140
2025
$75,140
N/A
$75,140
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,190
$75,140

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Granbury

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1120 N Meadows Drive | Property Details | No Agent List