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1313 W Highway 377 6.6 Acres of Commercial Land Offered at $3,449,000 in Granbury, TX 76048
Investment Highlights
- 6.6-acre (+/-) tract located at the intersection of Hwy. 377 and Paluxy Road.
- New TxDOT interchange will provide direct Paluxy Road access and improved traffic flow.
- High-visibility location along a major highway corridor near Granbury Square and Lake Granbury.
- Zoned Heavy Commercial (HC) with multiple approved uses including retail, hotel, office, and medical.
- Utilities available at or near the site for streamlined development.
Executive Summary
This 6.6-acre (+/-) tract offers a rare opportunity at the intersection of Hwy. 377 and Paluxy Road in Granbury, Texas. Zoned Heavy Commercial (HC), the property supports a wide range of uses including retail, hotel, restaurant, office, and medical facilities. The site benefits from exceptional visibility along a major highway corridor and is positioned to capture high traffic volumes from both local and regional travelers. The upcoming TxDOT expansion will further enhance accessibility by introducing a new interchange that provides direct access to Paluxy Road, improving traffic flow and connectivity. Utilities are available at or near the site, and the property’s configuration allows for flexible development options. With strong surrounding commercial activity and proximity to Lake Granbury and Granbury Square, this location is well-suited for destination-oriented businesses seeking a prominent presence in a growing market.
Property Facts
| Price | $3,449,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.60 AC |
| Property Type | Land | ||
| Zoning | HC - Heavy Commercial | ||
| Price | $3,449,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.60 AC |
| Zoning | HC - Heavy Commercial |
1 Lot Available
Lot 1
| Price | $3,449,000 | Lot Size | 6.60 AC |
| Price Per AC | $522,575.76 |
| Price | $3,449,000 |
| Price Per AC | $522,575.76 |
| Lot Size | 6.60 AC |
6.6-acre (+/-) tract located at the intersection of Hwy. 377 and Paluxy Road.
Description
The property is a 6.6-acre parcel located at 1313 W. Hwy. 377 in Granbury, Texas. It is zoned Heavy Commercial (HC) and is situated at the intersection of Hwy. 377 and Paluxy Road. The site is impacted by a TxDOT expansion project that will add a new interchange providing direct access to Paluxy Road. Utilities are available at or near the property. The location is near Granbury Square and Lake Granbury, with surrounding commercial and residential development.
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Property Taxes
| Parcel Number | R000043231 | Improvements Assessment | $0 |
| Land Assessment | $1,087,480 | Total Assessment | $1,087,480 |
Property Taxes
Parcel Number
R000043231
Land Assessment
$1,087,480
Improvements Assessment
$0
Total Assessment
$1,087,480
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1313 W Highway 377
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