50.45 Acres Lot
50.45 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Milam Co - Abst 348
MLS Listing ID 21097384
HOA Y/N No
Lot Size 50.450 Acres
Acres 50.45
Property Sub-Type Unimproved Land
Property Description
Located just minutes from Downtown Granbury and US-377, the property anchors a high-growth corridor supported by accelerating residential expansion, expanding infrastructure, and sustained commercial momentum across Hood County.
TxDOT US-377 Reconstruction Impact:
Planned highway expansion expected to shift traffic patterns toward Loop 567
Projected increase in daily vehicle counts along this corridor
Enhanced visibility for commercial sites positioned at key intersections
Long-term growth momentum as regional transportation networks evolve
Strategic timing for development positioning ahead of circulation pattern changes
Corridor Growth Drivers:
Strong residential expansion and steady in-migration patterns
Ongoing infrastructure investment supporting commercial development
Direct connectivity via Loop 567 to US377, Weatherford, and Fort Worth
Increasing demand for commercial services as market matures northward from Granbury's core
Asking Price: $4,000,000 (±$79,300 per acre)
Location
State TX
County Hood
Zoning Current Zoning: IH (Interim Holding)l
Direction Located at the southeast corner of Loop 567 and Lipan Highway, wrapping around the pad station. From US377 take Loop 567 north and follow to reach the property, approximately 4 minutes. Property will be on your left when you get to Lipan Highway
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, See Remarks, Water Available
Water Access Desc Public
Present Use Agricultural,Pasture,Unimproved,Vacant
Topography Level
Road Frontage City Street, Highway
Building
Lot Description Acreage, Agricultural, Cleared, Corner Lot, Flag Lot, Interior Lot, Other, Pasture, Few Trees, City Lot, Level
Water Public
Schools
Elementary Schools Nettie Baccus
Middle Schools Granbury
High Schools Granbury
School District Granbury Isd
Others
Tax ID R000043169
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