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$118,500 Just Listed
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Property Description
A MUST SEE!!! This premier 0.52-acre corner lot in Lakewood Hills Estates offers a rare opportunity to build a custom legacy home in one of Granbury's most tranquil and established neighborhoods. Situated on a quiet cul-de-sac and surrounded by mature trees, this property sits directly across from million-dollar lakefront homes, giving you the wide-open space for a private retreat with the prestige of a high-end residential community. Enjoy an unbeatable location just steps from Granbury Country Club, with Lake Granbury and a public boat ramp only minutes away-perfect for golf, boating, and lakeside living. Conveniently located near shopping and dining, the lot is also close to Granbury City Beach Park, Hood County Fair Grounds, and the Historic Granbury Square. The scarce acreage is exceptionally prepared for development, with a professional survey and architectural drawings available upon request.
Full Property Details
Full Property Details for 1701 Flagstone Ct
General
- Price: $118,500
- Taxes: $967
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21259829
- Updated: 5/6/2026
- Added to Site: 1 day(s) ago
Location
- County: Hood
- Subdivision: Lakewood Hills Sec 3
- Driving Directions: GPS Hwy 377 to Portal Dr, left on Rockview Dr, right on Grandview Dr, right on Flagstone. No Sign on Lot.
School Information
- Elem School District: Granbury ISD
- Midd School District: Granbury ISD
- High School District: Granbury ISD
- Elementary School: Oak Woods
- Middle School: Granbury
- High School: Granbury
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Not Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 0.5176
- Lot Size (Sq. Ft.): 22,546.66
- Lot Features: Corner Lot, Cul-De-Sac, Level, Subdivision, Few Trees, City Lot
- Development Status: Streets Installed
- Zoning: Residential
- Fencing (Description): Partial, Wood
Financial Considerations
- Tax Amount: $967
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOT: 4 BLK: 9 SUBD: LAKEWOOD HILLS ESTATES: SEC 3
- Property ID: R000019386
- Block: 9
- Lot Number: 4
Listed by Nora Parks Realtors INC, Lendy Guerrero
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Schools
Schools serving 1701 Flagstone Ct
School District:Granbury Independent School District
| Name | Grades | Distance |
|---|---|---|
Oak Woods School 311 Davis Road, Granbury, TX 76049 | K-5 | 1.1 mi |
Acton Middle School 1300 James Rd, Granbury, TX 76048 | 6-8 | 2.7 mi |
Granbury High School 2000 West Pearl Street, Granbury, TX 76048 | 9-12 | 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 1701 Flagstone Ct
Date
Details
Price
Change
Source
5/05/2026
Listed
$118,500
—
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 1701 Flagstone Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$935
18%
$80,000
23%
2024
$791
—
$65,000
—
2023
$791
12%
$65,000
23%
2022
$705
11%
$53,000
26%
2021
$634
-2%
$42,000
—
2020
$645
-1%
$42,000
—
2019
$652
15%
$42,000
20%
2018
$569
150%
$35,000
150%
2017
$228
-3%
$14,000
—
2016
$234
-1%
$14,000
—
2015
$237
2%
$14,000
—
2014
$232
8%
$14,000
—
2013
$214
—
$14,000
—
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 1701 Flagstone Ct
1701 Flagstone Court, Granbury, TX 76049 (MLS# 21259829) is a Lots/Land property with a lot size of 0.5176 acres. 1701 Flagstone Court is currently listed for $118,500 and was received on May 05, 2026. Want to learn more about 1701 Flagstone Court? Do you have questions about finding other Lots/Land real estate for sale in Granbury? You can browse all Granbury real estate or contact a Coldwell Banker agent to request more information.

