- 3 beds
- 2 baths
- 1,684 sqft
- 6,098 sqft lot
- $260 per sqft
- 1974 build
- – on site
Waterfront Diamond in the Rough - Prime Investment Opportunity Perched above a peaceful cove on Lake Granbury, this 3-bedroom, 2-bathroom fixer-upper is brimming with untapped potential and unbeatable views. Whether you're an investor with a vision or a buyer seeking to create your dream lakeside escape, this property offers the rare chance to build instant equity in a coveted waterfront location. Key Features: Generous lot with direct water access; Solid bones and layout ready for modern updates; Bonus room above garage could provide additional living sq. footage; Serene setting with mature trees and natural privacy; Located near shopping and only a few miles from Granbury Square. Bring your contractor and creativity - homes like this, in a spot like this, don't come around often. Whether you renovate to resell, rent, or reside, this is your opportunity to grab a smart investment.
Last checked:
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Last updated Jul 7, 2025
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MLS# 20991525 —
The Building
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Year Built:1974
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Architectural Style:Traditional
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Structural Style:Lake House, Single Detached, Vacation Home
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Accessibility Features:No
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Roof:Asphalt
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Basement:No
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Foundation Details:Pillar/Post/Pier
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Levels:Two
Interior
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Interior Features:Kitchen Island, Open Floorplan, Tile Counters
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Flooring:Ceramic Tile, Wood
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Fireplaces Total:1
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Fireplace Features:Masonry
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Laundry Features:Electric Dryer Hookup, In Garage, Full Size W/D Area
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1684.00
Location
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Directions:From Hwy 144 enter Spanish Trail and proceed straight through the 4-way stop then turn left on Fiesta Way then left on Laguna Vista Ct. Third house on right.
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Latitude:32.41754900
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Longitude:-97.79243300
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:R000032766
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Lot Features:Water/Lake View, Waterfront
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:6098.4000
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Lot Size Acres:0.1400
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Lot Size Area:0.1400
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Lot Size Units:Acres
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Easements:Utilities
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Exclusions:Owner may exclude the Ring doorbell camera.
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Fencing:Chain Link
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Horse Permitted:No
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Exterior Features:Covered Patio/Porch, Dock
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Waterfront Features:Canal (Man Made), Dock – Covered, Lake Front
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:3
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Tax Block:3
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Tax Legal Description:LOT: 3 BLK: 3 SUBD: SPANISH TRAIL
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20991525
Utilities
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Utilities:City Water, Septic
Appliances
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Appliances:Dishwasher, Electric Range
Schools
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School District:Granbury ISD
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Elementary School:Emma Roberson
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Elementary School Name:Emma Roberson
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Middle School Name:Granbury
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High School Name:Granbury
The Community
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Subdivision Name:Spanish Trail
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Senior Community:No
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Pool:No
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Association Type:Mandatory
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Association Fee:120
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Association Fee Includes:Full Use of Facilities, Management Fees
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Association Fee Frequency:Annually
Parking
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Garage:Yes
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Attached Garage:No
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Garage Spaces:2
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Garage Length:28
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Garage Width:20
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Covered Spaces:2
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Parking Features:Additional Parking, Circular Driveway
Monthly cost estimate

Asking price
$439,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,350
|
Taxes | N/A |
Insurance | $120 |
HOA fees | $10 |
Utilities | $168 See report |
Total | $2,648/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.