1128 Mambrino Highway Granbury, TX $ 1,599,000
1128 Mambrino Highway
$ 1,599,000
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1128 Mambrino Highway

Granbury, TX, 76048
$ 1,599,000
Baths0.0

Monthly Estimate*

$ 9,845

1128 Mambrino Highway, Granbury, TX 76048 - Image 1
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Studio

Lots and Land for sale in Granbury, TX

for $1,599,000. This property was built in 2011 on a lot size of 90.944.

Rare opportunity to own a truly exceptional tract in Hood County offering a unique combination of natural beauty, usability, and long-term upside. This heavily wooded property features gently rolling terrain that creates a private, scenic setting ideal for a custom estate, ranch, or future residential development. Two large tanks enhance both the functionality and appeal of the land, providing water features that attract wildlife and add to the overall character of the property. The mature trees throughout offer natural privacy, shade, and a picturesque backdrop for any future build. A substantial metal barn is already in place and presents an outstanding opportunity to convert into a barndominium or finished living space, allowing for immediate use while planning your long-term vision. Whether used as a workshop, storage, or future residence, the structure adds significant value and flexibility. The property benefits from both north and south access to major roads, providing excellent accessibility and multiple options for entry, layout, or potential division. This feature further enhances its appeal for those considering development or multiple homesites. Currently ag exempt, the property offers valuable tax advantages while maintaining flexibility for a variety of uses. Whether you’re looking to build a private retreat, establish a ranch, create a family compound, or invest in one of the fastest-growing areas in North Texas, this property delivers. Land with this combination of trees, water, topography, access, and development potential is increasingly hard to find. Come walk the property and experience the possibilities firsthand.

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Lots and Land Active

Price

$ 1,599,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 344

Style

Unimproved Land

Lot Size

90.944

Year Built

2011

Town/City

Granbury

County/Region

Hood

MLS | Web ID

21230437

Features
General
Development Status Unzoned
Utilities Co-op Electric
Possession Negotiable
current use Agricultural Recreational
Restrictions No Known Restriction(s)
School District Granbury ISD
Year Built 2011
Property Subtype Unimproved Land
Subdivision Name None
County Hood
Property Type Land
HOA Type None
Status Active
Directions From 377 head south on 144. Left on Mambrino Hwy for about 1.2 miles. Property entrance will be to your left.
City Granbury
Elementary School Name Mambrino
High School Granbury
Elementary School Mambrino
Standard Status Active
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Cleared Many Trees Cedar Mesquite Oak Pine
Fencing Barbed Wire
Soil Type Unknown
Lot Size Source Assessor
Lot Size 50 to =< 100 Acres
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Internal Only
Street Number 1 1128
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* Excluded Features
List By
Sean Sullivan

Listing Agent

Sullivan Real Estate

Broker

Affordability Calculator

$9,874
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,845
Monthly Property Taxes
$29
Monthly Home Insurance
--
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
286172 Elementary School
3672507 Middle School
Pricing History
Date Price Price Change Description
4/6/2026 $1,599,000 Listed Price

Map


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1128 Mambrino Highway, Granbury, TX, 76048 is a Lots and Land for sale at $1,599,000 with a lot size of 90.944. 1128 Mambrino Highway is a studio with 0.0 baths and was built in 2011. The property's zip code is 76048 which is in Granbury, TX