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$240,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 0.681 Acres
  • 2 Car Garage
  • Updated 9 days ago
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Back on the radar with updates and income potential near Granbury - take another look at this versatile property in Thorp Spring. This inviting 3-bedroom, 2-bath home offers approximately 1,380 sq. ft. of living space on six lots totaling over half an acre, giving you room to live, work, and create possibilities. The property includes a main house, guest or bunk house, and an RV cover with full hookups - opening the door to multi-use living or income options. Recent improvements include updated windows, electrical panel upgrades, HVAC updates, and trees trimmed away from structures. You'll love the mature oak trees, fenced yard, and covered porches that make outdoor living comfortable year-round. A 1,120 sq. ft. shop with electricity and roll-up doors provides space for hobbies, projects, storage, or workspace needs. With flexible structures and a peaceful setting just minutes from Granbury's shopping, dining, festivals, and lake fun, this property blends charm, function, and opportunity.

Full Property Details for 4231 Terri Lee Ln

General

  • Price: $240,000
  • HOA FEE: $2/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21100563
  • Updated: 2/24/2026
  • Added to Site: 123 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, High Speed Internet, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher
  • Flooring: Combination

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup

Exterior

  • Exterior Features: RV Hookup, Storage
  • Porch/Patio/Deck: Covered, Deck, Front Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Carports: Yes
  • Carport Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Attached Carport, Covered, Garage, Gravel, RV Carport, Storage, Workshop in Garage, Boat, RV Access/Parking

Location

  • County: Hood
  • Subdivision: Oak Hills
  • Driving Directions: From FM 4 in Thorp Spring go north on Tin Top Hwy, turn right on Hill Top Rd., turn right on Peppertree Rd., left on Oak Hill Dr., right on Kaywood Dr., left on Robinhood Dr., right on Terri Lee Ln., property on the left. GPS should be accurate. i

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

  • Association: Yes
  • Assoc. Name: Oak Trail Shores HOA
  • Assoc. Fees Include: Association Management

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating Type: Central

Utilities

  • Sewer: Septic Tank
  • Utility Description: Electricity Connected, Septic Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Other
  • Roof: Composition
  • Windows: Window Coverings
  • Stories/Levels: 1
  • Living Area: 1,380 Sq. Ft.
  • Year Built: 1945

Additional Structures

  • Other Structures: Garage(s), Guest House, Storage, Workshop

Lot Features

  • Lot Size (Acres): 0.681
  • Lot Size (Sq. Ft.): 29,664.36
  • Lot Size Source: Owner
  • Lot Features: Few Trees
  • Fencing (Description): Fenced, Front Yard

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Association Fee: $18
  • Assoc Fee Freq.: Annually
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Aerial, Survey
  • Legal Description: LOT: 54 55 56 & 57 58 & 53 BLK: 16 SUBD: OAK
  • Exclusions: Refrigerators, freezers, washing machine and clothes dryer.
  • Disclosures/Rstr.: Deed Restriction
  • Property ID: R000022445
  • Block: 16
  • Lot Number: 54

Listed by Cornerstone Home and Ranch, Pamela Allison

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Listing agent

— 4231 Terri Lee Ln —

  • Pamela Allison

    Cornerstone Home and Ranch

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4231 Terri Lee Ln

School District:Granbury Independent School District
NameGradesDistance
Nettie Baccus Elementary School
901 Loop 567, Granbury, TX 76048
K-52.7 mi
Granbury Middle School
2000 Crossland Road, Granbury, TX 76048
6-83.1 mi
Granbury High School
2000 West Pearl Street, Granbury, TX 76048
9-123.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4231 Terri Lee Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$240,000
-9.43%
MLS
11/20/2025
Price Reduced
$265,000
-3.64%
MLS
11/02/2025
Listed
$275,000
—
MLS
Get Price Alerts and Save Property
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 for 4231 Terri Lee Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,240
-9%
$186,800
-8%
2023
$2,462
19%
$202,350
30%
2022
$2,070
29%
$155,540
47%
2021
$1,602
-5%
$106,170
-3%
2020
$1,680
4%
$109,430
11%
2018
$1,609
-15%
$98,970
-18%
2019
$1,886
135%
$121,430
147%
2017
$801
8%
$49,260
11%
2016
$744
-2%
$44,490
-1%
2015
$761
2%
$44,860
—
2014
$743
5%
$44,860
-3%
2013
$709
—
$46,380
—
View All
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 for 4231 Terri Lee Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Cornerstone Home and Ranch, Pamela Allison

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4231 Terri Lee Lane, Granbury, TX 76048 (MLS# 21100563) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4231 Terri Lee Lane is currently listed for $240,000 and was received on November 02, 2025. Want to learn more about 4231 Terri Lee Lane? 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.

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