4231 Terri Lee Lane Granbury, TX $ 240,000
4231 Terri Lee Lane
$ 240,000
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4231 Terri Lee Lane

Granbury, TX, 76048
$ 240,000
Bedrooms3 Baths2.0 Sq 1,380

Monthly Estimate*

$ 1,478

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Single Family Home for sale in Granbury, TX

for $240,000 with 3 bedrooms and 2 full baths. This 1,380 square foot home was built in 1945 on a lot size of 0.681.

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.

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Single Family Active

Price

$ 240,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.681

Year Built

1945

Town/City

Granbury

County/Region

Hood

MLS | Web ID

21100563

Features
Interior
Interior Features Eat-in Kitchen High Speed Internet Available Pantry Walk-In Closet(s)
Flooring Combination
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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General
Heating Central
Cooling Ceiling Fan(s) Central Air Electric Wall/Window Unit(s)
Utilities Electricity Connected Outside City Limits Septic
Possession Negotiable
Roof Composition
Appliances Dishwasher
Assoc Fees 18
Number of Garage Spaces 2
Restrictions Deed
School District Granbury ISD
HOA Fee Includes Management Fees
Pool Y/N 0
Exclusions Refrigerators freezers washing machine and clothes dryer.
Year Built 1945
Levels One
Property Subtype Single Family Residence
Subdivision Name Oak Hills
Transaction Type For Sale
County Hood
Property Type Residential
Construction Materials Other
Year Built Details Preowned
HOA Type Mandatory
Special Notes Aerial Photo Deed Restrictions Survey Available
Full Baths 2
Status Active
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. proper
City Granbury
Elementary School Name Nettie Baccus
High School Granbury
Elementary School Nettie Baccus
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features RV Hookup RV/Boat Parking Storage
Lot Features Few Trees
Fencing Fenced Front Yard
Garage Length 0
Garage Width 0
Other Structures Garage(s) Guest House Storage Workshop w/Electric
Lot Size Source Owner
Parking Features Attached Carport Covered Garage Gravel RV Access/Parking RV Carport Storage Workshop in Garage
Lot Size .5 to < 1 Acre
Foundation Combination Pillar/Post/Pier Slab
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 0
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Internal Only
Street Number 1 4231
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* Excluded Features
List By
Pamela Allison

Listing Agent

Cornerstone Home And Ranch

Broker

Affordability Calculator

$1,478
Per Month
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0%
Monthly Principal & Interest
$1,478
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2124497 Elementary School
3672507 Middle School
Pricing History
Date Price Price Change Description
1/2/2026 $240,000 -9.43% Price Down
11/20/2025 $265,000 -3.64% Price Down
11/2/2025 $275,000 Listed Price

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4231 Terri Lee Lane, Granbury, TX, 76048 is a Single Family Home for sale at $240,000 with 1,380 sqft and a lot size of 0.681. 4231 Terri Lee Lane has 3 bedrooms, 2.0 baths, and was built in 1945. The property's zip code is 76048 which is in Granbury, TX