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Income-Producing Duplex in Granbury, TX

309-311 Lilac Drive Granbury, TX 76049

309-311 Lilac Drive, Granbury, TX, 76049
$255,000
For Sale
$255,000

Fully occupied duplex with new roof and recent upgrades.

Property Size1,764 SF
Price / SF$144.56
Days on Market128

Property Features for 309-311 Lilac Drive

General Information

Standard status
Active
Size
1,764 SF
Property subtype
Multi-Family / Full Duplex

Building Details

Year Built
1986
Listing Agency Elevate Realty Group
Listed by Natalie Self
Source Compass
Added: Mar 13 Checked: Jul 17 at 4:22 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elevate Realty Group


Investment Insights

Based on property information with market context.

This income-producing duplex is 100% occupied and ready to generate returns. Each unit offers 2 bedrooms and 1 bathroom, featuring 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 ideal for commuters. A new roof has been installed. Additional updates include new flooring in the living areas, a new HVAC system installed in one unit in June 2023, and a water heater replaced in the other unit in June 2025. A new dishwasher was installed in January 2023 in one of the units. The property size is 1764 square feet.

Key Highlights

  • Income‑producing duplex, 100% occupied and generating returns immediately.
  • New roof installed for added peace of mind and value.
  • New HVAC (unit 309) and water heater (unit 311) provide updated systems.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Law Firm Big Box & Wholesale Store Barber Shop Electrical Service Home Appliance Store Daycare Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Fully occupied duplex with new roof and recent upgrades.
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, 100% occupied and generating returns immediately.; New roof installed for added peace of mind and value.; New HVAC (unit 309) and water heater (unit 311) provide updated systems.
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