




$699,900
2255 Lipan Highway, Granbury, TX, 76048
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About this property
Surround by water on 3 sides you won't find this kind of privacy on waterfront property any where else at this price. Minutes from historic downtown Granburys shopping, dining & entertainment venues but incredibly private you will enjoy lush greenery & beautiful shade trees on just under 4 acres that can all be watered out of the lake. Whether you are a serious fisherman or you prefer basking in the sun & picnics in the grass this property will accommodate. Inside the home exudes rustic charm with concrete floors & tin ceilings. The living Room enjoys a wall of windows to bring in natural light & waterfront views, a stone fireplace & a wet bar for entertaining. For a more private setting, slip onto the rocked courtyard with shade trees and wood burning fireplace, the perfect place to snuggle up this fall for date night or enjoy smores by the fire. Located inside the city limits but with No HOA & No Deed Restrictions this has the potential to be a terrific VRBO property.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Granbury
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