377 Meander Rd Granbury, TX 76049
- Land
- 18.00 lot acres
Current Use by Public Records
- Land
Property Details for 377 Meander Rd
- Lot size
- 18.00 lot acres
- Property type
- Land
Description
This exceptional 18-acre land parcel presents a remarkable opportunity for multifamily development in the thriving Granbury, Texas market. Located at the northwest quadrant of the intersection of Highway 377 and Meander Road, this property boasts a prime location with excellent visibility and accessibility. The land is zoned for multifamily use, allowing for the construction of up to 18 units per acre, subject to local regulations and approvals. This translates to significant potential for a substantial multifamily project. The site benefits from readily available water and sewer utilities, simplifying the development process and reducing upfront costs. Furthermore, the high traffic counts on Highway 377 (35,920 vehicles per day) and Acton Highway (12,845 vehicles per day) ensure strong visibility and convenient access for future residents. This strategic location in Granbury, Hood County, Texas (zip code 76049), offers a compelling investment opportunity within a rapidly growing community. The property's size and zoning make it ideal for a variety of multifamily developments, from apartments to townhouses, catering to the increasing demand for housing in this desirable area. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a large, well-located parcel of land suitable for immediate development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Granbury
- County
- Hood
- State
- Texas
- Longitude
- -97.733
- Latitude
- 32.4617
