




$1,399,900
$1,500,000
4720 Peveler Rd, Granbury, TX, 76049
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About this property
Rare opportunity to own 5.5 acres on the highly desirable shores of Lake Granbury, offering approximately 200 feet of lake frontage, a private dock, and breathtaking views of the water and surrounding landscape. Combining acreage, waterfront living, and exceptional outdoor amenities, this property presents a unique opportunity that is increasingly difficult to find. The spacious residence features two primary suites providing a flexible floor plan designed for comfort and convenience. The updated kitchen is equipped with granite countertops, stainless steel appliances, double ovens, abundant cabinetry, and generous workspace, making it ideal for everyday living and entertaining. Step outside to enjoy your own private retreat complete with an in-ground swimming pool, hot tub, mature shade trees, and expansive outdoor space. The beautiful acreage showcases old-growth trees and offers room for recreation, gardening, hobbies, or future improvements while maintaining privacy and scenic surroundings. Additional features include a two-car garage, two-car carport, and ample space for guests, recreational vehicles, or equipment. Whether you're seeking a full-time residence, lakefront getaway, or investment opportunity, this property offers the rare combination of acreage, waterfront access, and modern amenities. Conveniently located just minutes from the Historic Granbury Square, you'll enjoy easy access to dining, entertainment, boutique shopping, wineries, live music, community events, and all that Granbury has to offer. Experience the best of Texas lake living with space to spread out, stunning waterfront views, and endless possibilities.
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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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