Multi-Family Zoned Development
For Sale
$4,181,760
4955 E Hwy 377, Granbury, TX 76049
CommercialSale, Granbury, TX
Property SizeContact for details
Lot Size16.00 Acres
Days on Market174
Property Features for 4955 E Hwy 377
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MULTI-FAMILY
Subdivision
SARATOGA PHASE 1-A
Lot features
Acreage
Directions
From Granbury Square turn right on N Crockett St, in approx. 1.6 miles turn left onto US-377 Bus, site will be approx. 3.5 miles on your right. Sign on Property.
Standard status
Active
APN
R000105394
Lot size
16.00 Acres
Taxes and HOA fees
Tax Description
ACRES: 7.647 ABST: J MINNETT - ABST 351
Tax Annual Amount
4079
Legal Description
ACRES: 7.647 ABST: J MINNETT - ABST 351
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
CLARK REAL ESTATE GROUP
(817) 458-0402
Listed By:
Tim Clark · License #0516005
(817) 578-0609
Added: Mar 12
Changed: Aug 23
Last Checked: Sep 1 at 12:06AM
MLS# 20510064
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 multi-family zoned land offering presents a sizable development canvas in Granbury, Texas. The property is approximately 16 acres and is already designated Multi-Family (MF), positioning it for investors or developers seeking to plan for residential growth. With the zoning in place, the site can support a range of multi-family concepts based on the buyer’s development approach and schedule.
The tract is located at 4955 E Hwy 377 in Granbury, Hood County. Public remarks note the property sits right next to bustling retail centers and grocery stores, which can be an important convenience factor for future residents. Granbury is also described as an active community with a historic square, cultural events, and access to a lake, supporting an attractive backdrop for long-term housing demand.
For buyers evaluating opportunities in expanding markets, a pre-zoned multi-family site can reduce early planning friction and help focus investment discussions around design, financing, and phasing. This land is particularly well-suited for investors looking to capitalize on the growing demand for housing while maintaining flexibility to tailor the development to the market and tenant profile.
The tract is located at 4955 E Hwy 377 in Granbury, Hood County. Public remarks note the property sits right next to bustling retail centers and grocery stores, which can be an important convenience factor for future residents. Granbury is also described as an active community with a historic square, cultural events, and access to a lake, supporting an attractive backdrop for long-term housing demand.
For buyers evaluating opportunities in expanding markets, a pre-zoned multi-family site can reduce early planning friction and help focus investment discussions around design, financing, and phasing. This land is particularly well-suited for investors looking to capitalize on the growing demand for housing while maintaining flexibility to tailor the development to the market and tenant profile.
Key Highlights
- 16‑acre property in Granbury, TX
- Zoned multi‑family (MF)
- Public water available
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned for multi-family development near retail and grocery options, offering strong investor flexibility in growing Granbury.
Where is this residential land & home lot located?
The property is located at 4955 E Hwy 377 Granbury, TX.
What is the asking price?
The asking price for this property is $4,181,760.
What are key features of this property?
This property features: 16‑acre property in Granbury, TX; Zoned multi‑family (MF); Public water available
