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$1,229,699

$1,352,000

Lot 5 E Highway 377, Granbury, TX, 76035

On MarketInfo
Just AddedInfo
CommercialInfo
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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Introducing a premier commercial development opportunity in Cresson, Texas. This offering consists of seven newly available lots ideally positioned for business growth and long-term investment. Strategically located just minutes from Granbury, these parcels benefit from placement within one of the region’s most business-friendly communities. The area has experienced significant commercial expansion, driven in part by increased traffic flow along Highway 377 following completion of the loop that bypasses Cresson’s well-known railroad crossing. The lots range in size from approximately 5.023 acres to 12.067 acres, providing flexibility for a variety of commercial development concepts. Five of the seven lots feature direct frontage along Highway 377, offering exceptional visibility and accessibility for a wide range of uses. Utilities, including electric and fiber connectivity, are readily available, supporting modern business infrastructure needs. This is a rare opportunity to establish a presence in a rapidly growing corridor with strong traffic counts and continued development momentum. Developer will subdivide.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,378 /month
Positive
Cash Flow Estimate:
$2,459 /month

Interested in this property?

Stephen Reich

Williams Trew Real Estate

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Financing Details

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

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.

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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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Lot 5 E Highway 377 | Property Details | No Agent List