EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN GRANBURY! Discover the possibilities with this 1.402-acre tract located at the corner of Meander Road and Estate Drive, offering approximately 61,049 square feet of land with a documented history of multifamily development planning. What sets this property apart is its previous development activity with the City of Granbury. In 2009, plans were presented for a 24-unit multifamily project consisting of three buildings with eight residential units each. The Granbury Planning and Zoning Commission and City Council approved the preliminary plat and associated variances, and the property was subsequently final-platted as Lot 1, Block 1 of Meander Park Addition. Historical municipal records document proposed public water and sewer extensions, fire-lane access, roadway improvements, drainage considerations and detention requirements. The recorded plat identifies utility, drainage and fire-lane easements, offering valuable information for evaluating future site development. Although the original apartment project was never constructed, the property's documented planning history provides an interesting opportunity to explore a new development concept. Potential uses may include multifamily residential or other development possibilities, subject to current zoning, applicable regulations and municipal authorization. Conveniently situated near US Highway 377 with access to Granbury's shopping, dining and business corridors. Historical Planning and Zoning records, City Council documentation and recorded survey are available for review. Previous development plans and municipal decisions are historical and do not establish current building entitlements or permitted density. Purchasers should independently verify zoning, jurisdiction, utilities, easements, restrictions, infrastructure obligations and ...
+ Read More| Listing Id: | 21409105 |
|---|---|
| List Price: | $125,000 |
| Property Type: | Land |
| Property Sub Type: | Unimproved Land |
| Status: | Active |
| Unexempt Taxes: | $610 |
| Lot Size Square Feet: | 61,071.1200 |
| Lot Size Acres: | 1.402 |
| City: | Granbury |
| County Or Parish: | Hood |
| Subdivision Name: | Meander Park Add |
| Postal Code: | 76049 |
| AG Exemption?: | No |
| Association Type: | None |
| Basement Yn: | No |
| Consent for Visitors to Record: | Audio, Video |
| Current Use: | Unimproved |
| Development Status: | Plat Approved, Streets Installed |
| Directions: | From US Highway 377 in Granbury, turn onto Meander Road. Continue to the intersection of Meander Road and Estate Drive. Property is located at the corner of Meander Road and Estate Drive. |
| Easements: | Access, Drainage, Utilities |
| Elementary School: | Oak Woods |
| Elementary School Name: | Oak Woods |
| High School Name: | Granbury |
| Listing Terms: | Cash, Conventional |
| Lot Features: | Acreage, Irregular Lot, Many Trees |
| Lot Size: | 1 to < 3 Acres |
| Lot Size Area: | 1.4020 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Lots Sold Package: | 1 |
| Lots Sold Separate: | 1 |
| Middle School Name: | Acton |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Notice Surveillance Devices Pres: | None |
| Number Of Lots: | 1 |
| Possession: | Closing/Funding |
| Possible Use: | Development, Multi-Family, Residential, Single Family |
| Postal Code Plus 4: | 8023 |
| Restrictions: | Development, Other |
| Road Frontage Type: | City Street, County Road |
| Road Surface Type: | Asphalt |
| School District: | Granbury ISD |
| Subdivided?: | No |
| Utilities: | Asphalt, Electricity Available |
| Will Subdivide: | No |
| Zoning Description: | Interim Holding (IH). Historical multifamily development plans; current permitted uses subject to City approval. |
Listing Courtesy of: BLVD Group
Listing Agent: Becky Gibson
(817) 578-1327
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North Texas Real Estate Information Systems, Inc. data last updated on October 11, 2026 08:09 PM - CT
Property Last Updated: October 11, 2026 08:09 PM - CT





