511 Moore St Granbury, TX 76048
This exceptional 12.94-acre property in Granbury, Texas, presents a remarkable development opportunity. Located at 511 E Moore St, 76048, this land boasts a coveted Planned Development (PD) zoning designation, already approved for 63 single-family residential lots. The property offers 839 feet of frontage, ensuring excellent visibility and accessibility. City services are readily available on-site, simplifying the development process. Convenient access to Highway 377 provides easy connectivity to surrounding areas. The preliminary plat is complete, and the final plat is currently set for review, streamlining the path to construction. This location offers the added benefit of being within walking distance of Granbury's historic downtown square, a vibrant hub of shopping and dining. The property's strategic position provides easy access to both the east and west loops, enhancing its appeal and potential for future growth. The asking price for this exceptional development opportunity is $1,600,000. This is a rare chance to acquire a significant parcel of land in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.