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Residential Lot in Gated Community
For Sale
$45,000

5003 Waterfield Drive, Granbury, TX 76048

Land, Granbury, TX

Property SizeContact for details
Lot Size0.10 Acres
Days on Market172

Property Features for 5003 Waterfield Drive

General Information

Property type Land
Property subtype Other
Zoning description Residential
Vegetation Wooded
Subdivision Canyon Creek II
Lot features Interior Lot
Elementary school Mambrino
Middle school Granbury
High school Granbury
Elementary school district Granbury ISD
Middle school district Granbury ISD
High school district Granbury ISD
Directions See GPS SOP
Standard status Active
APN R000004116
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description LOT: 217 SUBD: CANYON CREEK II UN 4
Tax Annual Amount 242
HOA Fee $25 Monthly
Legal Description LOT: 217 SUBD: CANYON CREEK II UN 4
Listing Agency: Keller Williams Brazos West · Keller Williams Realty
Listed By: Paula Maples · License #0557491
Added: Apr 2 Changed: Aug 19 Last Checked: Sep 20 at 4:06PM
MLS# 21208037

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 0.1-acre lot is located in the Canyon Creek community in Granbury, Texas. The property offers an opportunity to build a home in a lake area neighborhood. Canyon Creek is a gated community with amenities for property owners, including access to Lake Granbury, a community boat ramp, fishing pier, swimming pool, parks, and playground areas. The location offers natural beauty, wildlife, and quiet surroundings, while also being located minutes from historic downtown Granbury with shopping, dining, and entertainment. This lot is suitable for a weekend retreat or a full-time residence in one of Granbury’s lake communities.

Key Highlights

  • Gated community with access to Lake Granbury
  • Includes community boat ramp, fishing pier, swimming pool, parks, and playground areas
  • Located in the desirable Canyon Creek community

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

27
Businesses Nearby

Demographics for 76048, TX

25,764
Population
12,737
Households
2
Avg Household Size
48
Median Age
26%
College-Educated
90%
High-School Grad
101.7 sq mi
ZIP Area
253
Density / Sq Mi
$66,856
Median Household Income
$37,190
Median Earnings
$1,288
Median Rent
$230,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Residential lot in Granbury, Texas with community amenities.
Where is this land located?
The property is located at 5003 Waterfield Drive Granbury, TX.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Gated community with access to Lake Granbury; Includes community boat ramp, fishing pier, swimming pool, parks, and playground areas; Located in the desirable Canyon Creek community
More about this property
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