




$495,000
502 Panama Ct, Granbury, TX, 76048
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MAINBODY WATERFRONT LOT!!! Location, Location, Location! Waterfront lots like this one do not come available often, and you do not want to miss your opportunity to own and build on Lake Granbury. Situated in The Shores on a wide section of the mainbody of Lake Granbury, this property is in a prime spot for watching the city fireworks and enjoying lakeside sunsets. Smack in the middle of town, but with NO CITY TAXES and at the end of a very private cul-de-sac, it doesn't get much better than this! Come build your dream lake house and live the lake life. Minutes from the Historic Downtown Granbury Square with fine dining and boutique shopping, With 179 feet of waterfrontage, there is plenty of room for a boat dock for your lake toys. Back on the market to due to buyer not being able to obtain financing.
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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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