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    4301 Monroe Hwy Granbury, TX 76049

    For Sale
    $9,204,600

    Ranch - Granbury, TX

    Type:Ranch
    Lot size:
    460.23 Acres
    Days on Market:
    86
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 4301 Monroe Hwy

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    R000040860
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    460.23 Acres

    Building Details

    Architectural style
    Ranch

    Ranch Connection LLC (817) 366-3850

    Listing agent Sheldon Wellborn (817) 366-3850 License #0686131

    Listing date Sep 12, 2025

    MLS# 20774388 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

    Expansive Ranch Near Cresson, Texas

    Located 5 miles northwest of Cresson, Texas, the Milburn Ranch is a 460.23-acre property suitable for commercial investment. The ranch features approximately half a mile of highway frontage on Monroe Highway, providing visibility. The diverse landscape includes open pastures, wooded brush areas, Rucker Creek, and several tanks. The property has been under the same family's ownership for nearly a century. It is located 30 miles from Fort Worth, 20 miles from Weatherford and 12 miles from Granbury.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Building Supply Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.702114
    Latitude
    32.5512

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    FAQs

    What type of property is this?
    Ranch - 460-acre ranch with highway frontage near Cresson, Texas.
    Where is this ranch located?
    The property is located at 4301 Monroe Hwy Granbury, TX.
    What is the asking price?
    The asking price for this property is $9,204,600.
    What are key features of this property?
    This property features: - 460-acre property ideal for commercial investment.; - Located 5 miles from Cresson, Texas, convenient to Fort Worth, Weatherford, and Granbury.; - Approximately half a mile of highway frontage on Monroe Highway.
    (817) 366-3850
    Request Owner's contact information
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    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
    4301 Monroe Hwy Granbury, TX 76049
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