5400 Fall Creek Hwy, Granbury, TX 76049

$5,495,000

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List Price
$5,495,000
MLS#
21434757
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1983
Acres
15.36
County
Hood
City
Granbury
Subdivision
none

Property Description

Large, gated waterfront tracts on Lake Granbury almost never come to market, and 5400 Fall Creek Hwy is a true once-in-a-generation opportunity. The property spans 16.79 park-like acres with 418 linear feet of main-body shoreline, so you get open water, room to spread out and wide sunset views across the lake. A 12,403-square-foot contemporary estate anchors the land. It can be renovated into a private lakefront residence or used as the centerpiece of a larger plan. The scale opens up a long list of uses: a boutique resort or lake lodge, a luxury short-term rental retreat, a wedding and event venue, a corporate retreat center, a lakeside restaurant and entertainment destination, waterfront homesites, a gated lake community, or a legacy family compound with room for guest houses, a boathouse and recreation. Main-body frontage gives direct access to the most usable water on the lake for boating, fishing and watersports, and the gated entry, mature grounds and existing improvements give a new owner a head start. With 418 feet of frontage, there is room to plan multiple docks or a waterfront amenity area, subject to Brazos River Authority approval. The property sits on Fall Creek Highway with easy access to Granbury, Hood County and the greater Fort Worth area. That’s a strong location for a destination business or a residential project in one of North Texas’s most popular lake markets. Granbury continues to draw visitors, second-home buyers and new residents, so demand for waterfront hospitality, events and lake living keeps growing. Whether you’re a developer, hospitality group, investor or private buyer who wants a legacy lakefront estate, it would be hard to find this combination of acreage, shoreline and existing structure anywhere else on Lake Granbury. Buyer to independently verify zoning, utilities, floodplain and permitted uses. Call today to schedule a private tour and see the potential in person.

Additional Information

Unexempt Taxes
$36,226
Lot Size
669,125
School District
Granbury Isd
Elementary School
Acton
Middle School
Acton
High School
Granbury
Possession
CloseOfEscrow
Community Features
Lake

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Calculator source: Real Geeks

Listing courtesy of Bret Whitfield from The Agency Fort Worth. Contact:

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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