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$175,000 Just Listed
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Property Description
INVESTOR SPECIAL. This is an awesome opportunity to invest in Granbury real estate. This home was built in 1968 and has a lot of old-world charm. Located on Lipan HWY on almost half an acre, the possibilities for this one are endless. Purchase and flip it for profit or turn it into a rental for positive monthly income. OR purchase it and remodel it into your dream home. With a huge backyard that backs onto a large field, the views of the countryside are gorgeous. Put a little TLC into this one and make it your own. Already connected to city sewer and water, no septic required. ***Home is being sold through an estate and will be sold as-is*** Come see this great deal while you can, won't last long!
Full Property Details
Full Property Details for 1313 Lipan Hwy
General
- Price: $175,000
- Taxes: $2,333
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21221012
- Updated: 4/2/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Paneling/Wainscoting
- Appliances: Electric Water Heater
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Front Porch, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, Garage
Location
- County: Hood
- Subdivision: Peters
- Driving Directions: From HWY377 take Lipan HWY west, property on the right, sign on property.
School Information
- Elem School District: Granbury ISD
- Midd School District: Granbury ISD
- High School District: Granbury ISD
- Elementary School: Emma Roberson
- Middle School: Granbury
- High School: Granbury
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition, Shingle
- Stories/Levels: 1
- Living Area: 1,350 Sq. Ft.
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.482
- Lot Size (Sq. Ft.): 20,995.92
- Frontage: All Weather Road, Asphalt
- Lot Features: Level, Many Trees
- Fencing (Description): Back Yard, Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,333
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT: 7 BLK: 108 SUBD: PETERS
- Disclosures/Rstr.: Deed Restriction
- Property ID: R000037935
- Block: 108
- Lot Number: 7
Listed by Elevate Realty Group, Randall Luna
Get Pre-Approved Today
Schools
Schools serving 1313 Lipan Hwy
School District:Granbury Independent School District
| Name | Grades | Distance |
|---|---|---|
John And Lynn Brawner Intermediate School 1520 South Meadows Drive, Granbury, TX 76048 | K-5 | 2 mi |
Granbury Middle School 2000 Crossland Road, Granbury, TX 76048 | 6-8 | 1.2 mi |
Granbury High School 2000 West Pearl Street, Granbury, TX 76048 | 9-12 | 1.3 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 1313 Lipan Hwy
Date
Details
Price
Change
Source
3/28/2026
Listed
$175,000
—
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 1313 Lipan Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$260
—
$143,179
-11%
2023
$260
—
$160,730
18%
2022
$260
—
$135,680
39%
2021
$260
—
$97,800
-3%
2020
$260
-86%
$100,400
9%
2019
$1,799
6%
$92,150
10%
2018
$1,696
3%
$83,770
3%
2017
$1,648
5%
$81,360
7%
2016
$1,569
-1%
$75,790
—
2015
$1,582
2%
$75,580
—
2014
$1,553
7%
$75,580
—
2013
$1,454
—
$75,580
—
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 1313 Lipan Hwy
1313 Lipan Highway, Granbury, TX 76048 (MLS# 21221012) is a Single Family property with 3 bedrooms and 1 full bathroom. 1313 Lipan Highway is currently listed for $175,000 and was received on March 28, 2026. Want to learn more about 1313 Lipan Highway? 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.

