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Duplex with Fenced Yard
For Sale
$255,000

309-311 Lilac Dr, Granbury, TX 76049

Both units feature two bedrooms, one bathroom, and open living areas.

Property Size1,764 SF
Price / SF$144.56
Days on Market95

Property Features for 309-311 Lilac Dr

General Information

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

Building Details

Year Built 1986
Listing Agency: Elevate Realty Group
Listed By: Natalie Self (817) 736-5757
Source: Findtexashomesforsale
Added: May 30 Changed: Aug 31 Last Checked: Aug 31 at 5:48PM

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 duplex contains two residential units within 1,764 square feet, with each unit offering two bedrooms, one bathroom, and an open living arrangement. The property was constructed in 1986 and includes a fenced backyard. Recent improvements include a new roof, replacement of all eight front windows, and new flooring in the living areas.

Unit 309 received a new HVAC system in June 2023. Unit 311 has a water heater replaced in June 2025, while a new dishwasher was installed in January 2023. The property is located near shopping, dining, and entertainment, with access to the broader metroplex from the Fort Worth side of town.

Key Highlights

  • Two‑unit duplex with 1,764 SF total
  • Each unit includes 2 bedrooms and 1 bathroom
  • New roof and replacement of all 8 front windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Law Firm Big Box & Wholesale Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both units feature two bedrooms, one bathroom, and open living areas.
Where is this duplex located?
The property is located at 309-311 Lilac Dr 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 1,764 SF total; Each unit includes 2 bedrooms and 1 bathroom; New roof and replacement of all 8 front windows
More about this property
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