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    309-311 Lilac Dr Granbury, TX 76049

    For Sale
    $259,999

    Duplex - Granbury, TX

    Type:Duplex
    Lot size:
    0.23 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 309-311 Lilac Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    R000011850
    Parking
    4
    Parking features
    Open
    Interior features
    Cable Tv Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1986
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Elevate Realty Group (817) 736-5757 [email protected]

    Listing agent Natalie Self (817) 736-5757

    Listing date Nov 28, 2025

    MLS# 21117061 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Granbury Duplex: Investor Opportunity

    This income-producing duplex in Granbury, Texas, is fully occupied and ready to generate returns. Each unit features 2 bedrooms and 1 bathroom, with an open floor plan. The property includes a fenced backyard. Located on the Fort Worth side of town, it offers convenient access to shopping, dining, and entertainment, making it suitable for commuters to the metroplex. A new roof has been installed, along with replacement of all 8 front windows and new flooring in the living areas. One unit had a new HVAC system installed in June 2023. The other unit had its water heater replaced in June 2025, and a new dishwasher installed in January 2023. The property is situated on a 0.23-acre lot.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.717029
    Latitude
    32.45854

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Granbury, fully occupied and recently updated.
    Where is this duplex located?
    The property is located at 309-311 Lilac Dr Granbury, TX.
    What is the asking price?
    The asking price for this property is $259,999.
    What are key features of this property?
    This property features: - Income-producing duplex, 100% occupied and generating returns immediately.; - Brand new roof installed.; - New HVAC (one unit) and water heater (other unit) recently installed/replaced.
    (817) 736-5757
    Request Owner's contact information
    309-311 Lilac Dr Granbury, TX 76049
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    309-311 Lilac Dr Granbury, TX 76049
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