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$250,000
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Property Description
WATERFRONT - Very unique lakefront property located on a large cove. Near a marina & boat ramp, only minutes from Downtown Granbury. The majority of the property was originally and island but now connected to the shoreline. Extensive water frontage and views. A great spot for lake activities. No known Deed Restrictions. NOTE: Part of the property is located in the Floodway & 100 Year Flood Plain.
Full Property Details
Full Property Details for 508 Crestwood Dr
General
- Price: $250,000
- Taxes: $2,177
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21120552
- Updated: 11/25/2025
- Added to Site: 53 day(s) ago
Location
- County: Hood
- Subdivision: E M Burson Surv A-69
- Driving Directions: From Granbury: Hwy 144 South ( organ Street); Right on Heritage Trail to Crestwood Drive
School Information
- Elem School District: Granbury ISD
- Midd School District: Granbury ISD
- High School District: Granbury ISD
- Elementary School: Mambrino
- Middle School: Granbury
- High School: Granbury
Utilities
- Utility Description: Electricity Available, Overhead Utilities
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other, Residential, Recreational, Single Family
Lot Features
- Lot Size (Acres): 1.93
- Lot Size (Sq. Ft.): 84,070.8
- Lot Size Source: Owner
- Lot Dimensions: See Survey
- Frontage: County Road
- Lot Features: Acreage, Interior Lot, Irregular Lot, Many Trees, Waterfront
- Development Status: Other, Streets Installed
- Potential Use: Residential, Recreational
- Trees/Vegetation: Partially Wooded
- Zoning: None
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Tax Amount: $2,177
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: 1.93 Acres, E M Burson Survey, Abst No. 69
- Disclosures/Rstr.: Easement(s), Flood Plain Disclosure
- Property ID: R000040389
- Block: ----
- Lot Number: ----
Listed by Winston Properties, LLC, Lee Overstreet
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Schools
Schools serving 508 Crestwood Dr
School District:Granbury Independent School District
| Name | Grades | Distance |
|---|---|---|
Mambrino School 3835 Mambrino Highway, Granbury, TX 76048 | K-5 | 5.3 mi |
Granbury Middle School 2000 Crossland Road, Granbury, TX 76048 | 6-8 | 2.3 mi |
Granbury High School 2000 West Pearl Street, Granbury, TX 76048 | 9-12 | 2 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 508 Crestwood Dr
Date
Details
Price
Change
Source
11/25/2025
Listed
$250,000
—
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 508 Crestwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,158
-1%
$180,000
—
2023
$2,190
37%
$180,000
50%
2022
$1,597
76%
$120,000
100%
2021
$905
-2%
$60,000
—
2020
$921
7%
$60,000
13%
2017
$863
-3%
$53,080
—
2016
$888
23%
$53,080
25%
2015
$720
-23%
$42,460
-29%
2019
$932
33%
$60,000
41%
2014
$703
-13%
$42,460
-20%
2013
$812
—
$53,080
—
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 508 Crestwood Dr
508 Crestwood Drive, Granbury, TX 76048 (MLS# 21120552) is a Lots/Land property with a lot size of 1.93 acres. 508 Crestwood Drive is currently listed for $250,000 and was received on November 25, 2025. Want to learn more about 508 Crestwood Drive? 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.

