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$5,750,000

1220 Sleepy Water Ct, Granbury, TX, 76048

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesBoat Slip, Dock
Lot Size79.61 acres

Land Information

APN20439.000.0020.1
SubdivisionT Price - Abst 439
Land UseAgriculture / Farming
Legal DescriptionACRES: 79.607 ABST: T PRICE - ABST 439
Census Tract160211
Assessed Land Value$1,222,200
Assessed Improvement Value$2,400
Assessment Year2025

About this property

EXCEPTIONALLY RARE main-body lakefront acreage offering with 811 feet of prime shoreline on one of the most desirable stretches of Lake Granbury. Spanning a total of 84.30 acres, this remarkable property presents a truly unique opportunity for investment, development, or a private legacy lakefront ranch retreat, and one of the last large unimproved lakefront properties remaining on Lake Granbury proper. Located just 5–7 minutes from Granbury’s Historic Town Square by vehicle or boat, this property offers a rare mix of both seclusion, tranquility and proximity. From higher elevations on-site, the iconic Granbury Courthouse Clock Tower is visible—an impressive reminder of how close you are to town while enjoying complete privacy in a natural waterfront setting. The main gravel road runs approximately 1.36 miles lengthwise through the property, showcasing 129 feet of gently rolling elevation change—from a minimum of 654 ft MSL to a maximum of 783 ft MSL—offering scenic vistas, natural draws, wet weather creeks and an ideal topographic variance for development or recreational use. The land includes a diverse mix of native hardwoods, including primarily oak, elm, mesquite, and juniper, various limestone outcroppings, as well as a portion of the scenic Contrary Creek, enhancing its ecological richness and aesthetic appeal. Minimal brush clearing has been performed over the years, leaving a myriad of options for a future owner. This is a rare opportunity to own a large contiguous waterfront tract with widespread development potential, significant recreational value, and excellent access from the DFW area—just minutes from the heart of Historic Granbury.

Investor Tools

$0Estimated Mortgage Balance
$1,224,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$34,500 /month
Positive
Cash Flow Estimate:
$11,500 /month

Interested in this property?

Amy Trott

Williams Trew Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,127/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,400
$1,224,600
2025
$1,222,200
$2,400
$1,224,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$19,400
$1,224,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,224,600
100%
0%
$0/mo

City: Granbury

1220 Sleepy Water Ct | Property Details | No Agent List