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About this home
Rare opportunity to own 5.5 acres on the highly desirable shores of Lake Granbury, offering approximately 200 feet of lake frontage, a private dock, and breathtaking views of the water and surrounding landscape. Combining acreage, waterfront living, and exceptional outdoor amenities, this property presents a unique opportunity that is increasingly difficult to find. The spacious residence features two primary suites providing a flexible floor plan designed for comfort and convenience. The updated kitchen is equipped with granite countertops, stainless steel appliances, double ovens, abundant cabinetry, and generous workspace, making it ideal for everyday living and entertaining. Step outside to enjoy your own private retreat complete with an in-ground swimming pool, hot tub, mature shade trees, and expansive outdoor space. The beautiful acreage showcases old-growth trees and offers room for recreation, gardening, hobbies, or future improvements while maintaining privacy and scenic surroundings. Additional features include a two-car garage, two-car carport, and ample space for guests, recreational vehicles, or equipment. Whether you're seeking a full-time residence, lakefront getaway, or investment opportunity, this property offers the rare combination of acreage, waterfront access, and modern amenities. Conveniently located just minutes from the Historic Granbury Square, you'll enjoy easy access to dining, entertainment, boutique shopping, wineries, live music, community events, and all that Granbury has to offer. Experience the best of Texas lake living with space to spread out, stunning waterfront views, and endless possibilities.
**Rare Lake Granbury Waterfront Acreage with Endless Possibilities** Opportunities to own 5.5 acres with approximately 200 feet of waterfront on Lake Granbury are hard to find, and this property offers a unique opportunity to create something truly special. Beautiful lake views, mature old-growth oak trees and light restrictions provide a natural setting for a custom lakefront estate, retreat or multi-home development concept, subject to applicable restrictions, county requirements and permitting. The existing home adds flexibility to the property. It could provide a place to live while plans are developed and construction takes place, or it may offer potential as an income-producing property. For those with a larger vision, the acreage provides room to explore the possibility of a new primary residence, guest accommodations or multiple residences, subject to applicable requirements and approvals. The natural setting is a standout, with mature oak trees, open acreage and approximately 200 feet of lake frontage creating a beautiful backdrop for whatever comes next. Whether you choose to work with the existing home, renovate, replace it or develop the property over time, there is plenty of opportunity to make this acreage your own. Conveniently located with easy access to Granbury and Weatherford, this property combines substantial lakefront acreage with a location that makes everyday travel convenient. Lake Granbury waterfront acreage of this size and with approximately 200 feet of shoreline rarely becomes available. Bring your ideas, explore the possibilities and create a property that reflects your vision. The land is here. The lake is here. Now imagine what you can build.
NTREIS #21269785
Oct 5, 2026
Price Changed
$1,200,000
$476/sq ft
Sep 17, 2026
Price Changed
$1,250,000
$496/sq ft
Jul 24, 2026
Price Changed
$1,399,900
$556/sq ft
May 13, 2026
Listed
$1,500,000
$595/sq ft
NTREIS #13689215
Sep 21, 2018
Listing Removed
—
Jun 14, 2018
Price Changed
$685,000
$272/sq ft
Mar 18, 2018
Listing Removed
—
Mar 8, 2018
Listing Removed
—
Jan 24, 2018
Price Changed
$700,000
$278/sq ft
Nov 1, 2017
Price Changed
$717,500
$285/sq ft
Sep 7, 2017
Listed
$725,000
$288/sq ft
Public Records
Nov 3, 2005
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$9,449 (−4.1%)
$330,600 + $450,740
$781,340
2025
$9,854 (−0.9%)
$330,600 + $484,270
$814,870
2024
$9,942 (+31.2%)
$330,600 + $498,510
$829,110
2022
$7,577 (−6.8%)
$247,950 + $321,470
$569,420
2021
$8,128 (+12.0%)
$247,950 + $290,660
$538,610
2020
$7,260 (+34.7%)
$198,360 + $274,540
$472,900
2019
$5,389 (+15.6%)
2017
$4,662 (−2.4%)
$142,500 + $144,270
$286,770
2016
$4,779 (+8.5%)
$142,500 + $144,270
$286,770
2015
$4,406 (+2.4%)
2014
$4,304 (−1.1%)
$121,130 + $138,710
$259,840
2013
$4,353 (−1.7%)
$121,130 + $138,710
$259,840
2012
$4,427 (−0.7%)
$142,500 + $142,180
$284,680
2011
$4,457 (+0.9%)
$142,500 + $154,860
$297,360
2009
$4,419
$142,500 + $154,860
$297,360
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
5.51 Acres
Year renovated
—
Finished Sq. Ft.
2,520
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,520
Year built
1955
Style
Single Family Residential
County
Hood County
APN
R000045526
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 23 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Granbury, TX • 76049
Average low and high temperatures (°F)
56
34
67
41
78
53
78
60
83
64
91
74
94
76
93
74
91
67
86
61
73
50
65
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4720 Peveler Rd
$1,111,295
$89K under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $815K.