Two-Unit Duplex Income
309-311 Lilac Drive Granbury, TX 76049
309-311 Lilac Drive, Granbury, TX, 76049
$255,000
For Sale
$255,000
MULTI_FAMILY - Granbury, TX
Lot Size0.23 Acres
Days on Market43
Property Features for 309-311 Lilac Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2
- Parking
- 4
- Parking features
- Open
- Interior features
- DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, CableTv
- Fencing
- Fenced
- Appliances
- Dishwasher, ElectricOven, ElectricRange, Refrigerator
- Standard status
- Active
- APN
- R000011850
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 0.230 LOT: 3G BLK: 3 SUBD: EASTWOOD VI
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Private
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Elevate Realty Group
(817) 736-5757
Granbury, TX
Listed by
Natalie Self
(817) 736-5757
Added: Jun 6 Checked: Jul 18 at 8:06 am
MLS# 21289226
Listing URL
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Investment Insights
Based on property information with market context.
This duplex features two separate units, each offering two bedrooms and one bathroom with an open floor plan designed to use interior space efficiently. Exterior amenities include a fenced backyard for tenant use. Several capital improvements have been made, including a brand-new roof, replacement of all eight front windows, and new flooring installed in the living areas.
The property is located at 309-311 Lilac Drive in Granbury, TX, in Hood County. The listing notes additional unit-level updates: unit 309 has a new HVAC system installed in June 2023, unit 311 has a water heater replaced in June 2025, and a new dishwasher was installed in January 2023.
For tenants, the layout supports straightforward everyday living with two-bedroom functionality in each unit and a fenced outdoor area. For buyers and operators, the combination of refreshed building components and documented recent replacements may help reduce near-term maintenance items and support stable day-to-day operations. This is a duplex asset designed for practical residential income use.
The property is located at 309-311 Lilac Drive in Granbury, TX, in Hood County. The listing notes additional unit-level updates: unit 309 has a new HVAC system installed in June 2023, unit 311 has a water heater replaced in June 2025, and a new dishwasher was installed in January 2023.
For tenants, the layout supports straightforward everyday living with two-bedroom functionality in each unit and a fenced outdoor area. For buyers and operators, the combination of refreshed building components and documented recent replacements may help reduce near-term maintenance items and support stable day-to-day operations. This is a duplex asset designed for practical residential income use.
Key Highlights
- Income‑producing duplex built in 1986, with each unit offering 2 bedrooms and 1 bathroom
- Brand new roof installed; all 8 front windows replaced; new flooring installed in living areas
- Central air and central heating, plus ceiling fans in the home
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two bedrooms per unit, updated roof, windows, flooring, and multiple recent appliance replacements.
Where is this duplex located?
The property is located at 309-311 Lilac Drive Granbury, TX.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1986, with each unit offering 2 bedrooms and 1 bathroom; Brand new roof installed; all 8 front windows replaced; new flooring installed in living areas; Central air and central heating, plus ceiling fans in the home