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    Two-Unit Duplex Income Property Title is generated by Realmo AI

    309-311 Lilac Drive, Granbury, TX 76049

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    Claim this Listing
    New
    For Sale
    $255,000

    MULTI_FAMILY - Granbury, TX

    Lot size:
    0.23 Acres
    Added:
    Jun 6, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 9 at 1:06 am

    Property Features for 309-311 Lilac Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4
    Parking
    4
    Parking features
    Open
    Interior features
    DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, CableTv
    Fencing
    Fenced
    Appliances
    Dishwasher, ElectricOven, ElectricRange, Refrigerator
    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

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Ceiling Fan(s), Central Air
    Water source
    Private

    Building Details

    Year built
    1986
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Natalie Self
    Natalie Self

    Listing agent Natalie Self

    Listing office Elevate Realty Group Granbury, TX

    Listing date Jun 6, 2026

    MLS# 21289226 Listing URL

    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.

    HighLights

    • Income‑producing duplex built in 1986 with two units, each offering 2 bedrooms and 1 bathroom
    • Brand new roof installed; all 8 front windows replaced
    • New flooring installed in the living areas
    • 309 Lilac: new HVAC installed June 2023
    • 311 Lilac: water heater replaced June 2025; dishwasher installed Jan 2023
    • Private water supply and septic tank; fenced backyard and open parking

    Overview

    This duplex features two separate units, each offering two bedrooms and one bathroom with an open floor plan designed to use interior space efficiently. Exterior amenities include a fenced backyard for tenant use. Several capital improvements have been made, including a brand-new roof, replacement of all eight front windows, and new flooring installed in the living areas.

    The property is located at 309-311 Lilac Drive in Granbury, TX, in Hood County. The listing notes additional unit-level updates: unit 309 has a new HVAC system installed in June 2023, unit 311 has a water heater replaced in June 2025, and a new dishwasher was installed in January 2023.

    For tenants, the layout supports straightforward everyday living with two-bedroom functionality in each unit and a fenced outdoor area. For buyers and operators, the combination of refreshed building components and documented recent replacements may help reduce near-term maintenance items and support stable day-to-day operations. This is a duplex asset designed for practical residential income use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.717088
    Latitude
    32.458531

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with two bedrooms per unit, updated roof, windows, flooring, and multiple recent appliance replacements.
    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 built in 1986 with two units, each offering 2 bedrooms and 1 bathroom; Brand new roof installed; all 8 front windows replaced; New flooring installed in the living areas
    More about this property
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