Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
1.402 acres
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 development feasibility with the appropriate authorities. An opportunity to explore the potential of a distinctive Granbury development tract!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Irregular Lot, Many Trees
-
Lot Size(acres)
1.402
-
Lot Size(square feet)
61,071
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$125,000
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Tax Amount
$610
-
Financing Options
Cash, Conventional
-
Zoning
Interim Holding (IH). Historical multifamily development plans; current permitted uses subject to City approval.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Oak Woods
-
Middle School
Acton
-
High School
Granbury
Property Features
-
Tax Lot
1
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Location
County
Hood
Elementary School
Oak Woods
Middle School
Acton
High School
Granbury
Listing Courtesy of Becky Gibson, BLVD Group
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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