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Property Description
Every once in a while, you walk into a home and find yourself saying, "Now this is something special." Welcome to The Peninsula, a private gated community near Lake Granbury, where this remarkable custom home sits on nearly two beautifully maintained acres. Originally built by Couto Homes, the home was expanded in 2020 by Fossil Custom Homes, and you would never guess where the original home ends and the addition begins. It's that beautifully done. With its own private exterior entrance, a second primary suite featuring separate his-and-hers bathroom spaces, each with its own toilet, an incredible office or craft room with custom workstations and cabinetry, and even built-in accommodations for the family dogs, this addition is as thoughtful as it is impressive. Whether you're welcoming extended family, entertaining overnight guests, or just enjoying a little extra space, the possibilities are wonderful. And then there's the sunroom. With a cozy fireplace and spectacular glass doors that open wide to the patio, it may very well become your favorite room in the house. Open everything up on a beautiful Texas afternoon and suddenly the indoors and outdoors become one incredible living space. Just beyond, a custom outdoor kitchen overlooks the expansive backyard, ready for anything from a quiet dinner to a lively gathering of friends. Inside, soaring ceilings, beautiful natural light, and a gorgeous kitchen with generous counter space, custom cabinetry, and an additional kitchenette make everyday living feel just as special as entertaining. There's room to gather, room to spread out, and room to simply enjoy being home. Add in 65 solar panels, the privacy of nearly two acres, and a location near Lake Granbury, and you have a property that's wonderfully different from anything else. This is one of those homes you really need to walk through to appreciate. And once you do, you may find it awfully hard to leave.
Full Property Details
Full Property Details for 1201 E Iberian Ct
General
- Price: $1,050,000
- HOA FEE: $38/month
- Taxes: $12,581
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21412974
- Updated: 10/15/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Smart Home, Cable TV, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas Log, Gas Starter, Living Room, Masonry
- Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Water Softener, Tankless Water Heater, Warming Drawer
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Laundry in Utility Room
Additional Information
- Security/Safety: Security System Owned, Security System, Carbon Monoxide Detector(s), Fire Alarm, Gated Community, Smoke Detector(s), Wireless
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Circular Driveway, Covered, Garage Faces Side
Location
- County: Hood
- Subdivision: The Peninsula On Lake Granbury
- Driving Directions: Take US 377 S and Slight right onto US-377 BUS S-E Pearl St, Turn Right onto Loop 567, Turn Right onto Porter Ct, Turn Left onto Yucatan Dr, Turn Right onto E Iberian Ct, Home is on the Right-Hand Side.
School Information
- Elem School District: Granbury ISD
- Midd School District: Granbury ISD
- High School District: Granbury ISD
- Elementary School: Nettie Baccus
- Middle School: Granbury
- High School: Granbury
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: The Peninsula on Lake Granbury OA
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Fireplace(s), Heat Pump
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Septic Available, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Composition
- Stories/Levels: 2
- Living Area: 5,008 Sq. Ft.
- Year Built: 2014
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 1.916
- Lot Size (Sq. Ft.): 83,460.96
Green Features
- Energy Generation: Solar
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $38
- Assoc Fee Freq.: Monthly
- Tax Amount: $12,581
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: ACRES: 1.916 LOT: 121 SUBD: THE PENINSULA ON
- Exclusions: Personal Belongings Wall Decor
- Property ID: R000090144
- Lot Number: 121
Listed by Oz Realty, Eliza Knapp
Get Pre-Approved Today
Schools
Schools serving 1201 E Iberian Ct
School District:Granbury Independent School District
| Name | Grades | Distance |
|---|---|---|
John And Lynn Brawner Intermediate School 1520 South Meadows Drive, Granbury, TX 76048 | K-5 | 3.6 mi |
Granbury Middle School 2000 Crossland Road, Granbury, TX 76048 | 6-8 | 3.2 mi |
Granbury High School 2000 West Pearl Street, Granbury, TX 76048 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 E Iberian Ct
Date
Details
Price
Change
Source
10/15/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1201 E Iberian Ct
Year
Property Taxes
Change
Tax Assessment
Change
2026
$10,183
84%
$1,040,370
100%
2025
$5,524
5%
$519,400
10%
2023
$5,284
-6%
$472,660
-8%
2022
$5,625
47%
$511,400
95%
2021
$3,824
—
$262,460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1201 E Iberian Ct
1201 E Iberian Court, Granbury, TX 76048 (MLS# 21412974) is a Single Family property with 6 bedrooms and 5 full bathrooms. 1201 E Iberian Court is currently listed for $1,050,000 and was received on October 15, 2026. Want to learn more about 1201 E Iberian Court? Do you have questions about finding other Single Family real estate for sale in Granbury? You can browse all Granbury real estate or contact a Coldwell Banker agent to request more information.

