Updated Duplex With Fenced
For Sale
$255,000
309-311 Lilac Drive, Granbury, TX 76049
ResidentialIncome, Granbury, TX
Property SizeContact for details
Lot Size0.23 Acres
Days on Market48
Property Features for 309-311 Lilac Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Parking
4
Parking features
Open
Interior features
DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, CableTv
Fencing
Fenced
Appliances
Dishwasher, ElectricOven, ElectricRange, Refrigerator
Subdivision
Eastwood Village
Lot features
Back Yard, Corner Lot, Lawn
Elementary school
Acton
Middle school
Acton
High school
Granbury
Elementary school district
Granbury ISD
Middle school district
Granbury ISD
High school district
Granbury ISD
Directions
Please use GPS
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
Legal Description
ACRES: 0.230 LOT: 3G BLK: 3 SUBD: EASTWOOD VI
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Private
Amenities
fenced backyard
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
Listed By:
Natalie Self
(817) 776-4545
Added: Jul 17
Changed: Aug 24
Last Checked: Sep 2 at 1:06PM
MLS# 21289226
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This brick duplex, constructed in 1986, contains two separate units, each arranged with 2 bedrooms and 1 bathroom. The interiors include open living areas, eat-in kitchens, vinyl flooring, electric ranges, ovens, refrigerators, and dishwashers. Central electric heating and cooling serve the units, with ceiling fans also provided. Recent improvements include a replacement composition roof, new flooring in the living areas, and replacement of all 8 front windows. The property also includes open parking and fenced yard space.
The 0.23-acre property is located in Granbury near shopping, dining, and entertainment, with access toward the Fort Worth side of town. The units are leased. One unit received a new HVAC system in June 2023; the other has a water heater replaced in June 2025 and a dishwasher installed in January 2023. Water service is private, and wastewater is handled by a septic tank.
The 0.23-acre property is located in Granbury near shopping, dining, and entertainment, with access toward the Fort Worth side of town. The units are leased. One unit received a new HVAC system in June 2023; the other has a water heater replaced in June 2025 and a dishwasher installed in January 2023. Water service is private, and wastewater is handled by a septic tank.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- 0.23‑acre lot with fenced yard areas and open parking
- Brand‑new roof and composition roofing system
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 76049, TX
30,784
Population
13,527
Households
2.3
Avg Household Size
50
Median Age
38%
College-Educated
94%
High-School Grad
107.1 sq mi
ZIP Area
287
Density / Sq Mi
$103,239
Median Household Income
$49,276
Median Earnings
$1,545
Median Rent
$329,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Leased two-unit property with refreshed interiors, separate living spaces, and fenced outdoor areas.
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: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 0.23‑acre lot with fenced yard areas and open parking; Brand‑new roof and composition roofing system
