3901 Lipan Highway, Granbury, TX 76048

$1,450,000

bedrooms

bathrooms

square feet

1,865

Acreage

75.0

Open Houses

year built

1964

Full Baths

Half Baths

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This is an exceptional opportunity to acquire a rare ranch property in Hood County, comprising 75 acres located a mere 11 minutes from downtown Granbury. This family homestead, established for over 50 years, is now available for purchase. The land is priced at just over $19,000.00 per acre, making the investment worthwhile based on land value alone. Additional features further enhance the property's appeal. The circa 1964 ranch house epitomizes a classic Texas ranch style, featuring numerous windows, a wide hallway, a den that overlooks the property, and a side patio offering strategic views and a pleasant setting for morning coffee and family gatherings. Adjacent to the home is an approximately 20,000-gallon diving pool, a well-maintained covered RV storage port, and a 30x50 shop with drive-in garage bays on one end. Between the ranch house and guest house lies a fruit tree orchard with ample room for expansion. A second residence-guest house is situated just beyond the expansive backyard of the main ranch house. This unique property retains its charm, character, and livability, distinguishing it from many older ranch properties. It offers versatile potential, capable of being tailored to various uses. An dependable water well over 300 feet deep services the property, with apparent sufficient water runoff from an adjacent property for a tank or holding area at the rear of the ranch. The property is being offered by the estate, which seeks a swift sale. BRING ALL OFFERS!

Location
Subdivision	S Watkins - Abst 575
County	Hood
Elementary School	Nettie Baccus
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20914383

Listing agent: Steven Haines #0816903

Listing broker: Canda Rasberry Team Llc (325) 642-3295

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Last update: Monday, April 28 2025 at 10:14 p.m. EDT

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