# 1313 Lipan Highway, Granbury, TX 76048

> **TL;DR:** 3bd/1ba single family, $175,000 ($130/sqft), built 1968, 1,350 sqft. Est. $758/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $175,000 |
| Price/sqft | $130 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,350 |
| Year Built | 1968 |
| Lot Size | 20,996 sqft (0.48 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $758 |
| **Total** | **$758** |

## Nearby Schools

- **Elementary:** Emma Roberson

## Property Highlights

- Built in 1968
- 0.48 acre lot

## Description

### Agent Description
INVESTOR SPECIAL. This is an awesome opportunity to invest in Granbury real estate. This home was built in 1968 and has a lot of old-world charm. Located on Lipan HWY on almost half an acre, the possibilities for this one are endless. Purchase and flip it for profit or turn it into a rental for positive monthly income. OR purchase it and remodel it into your dream home. With a huge backyard that backs onto a large field, the views of the countryside are gorgeous. Put a little TLC into this one and make it your own. Already connected to city sewer and water, no septic required. ***Home is being sold through an estate and will be sold as-is*** Come see this great deal while you can, won't last long!

## Location

- **Address:** 1313 Lipan Highway, Granbury, TX 76048
- **County:** Hood
- **Neighborhood:** Peters
- **Coordinates:** 32.454081, -97.795339
- **Google Maps:** https://www.google.com/maps?q=32.454081,-97.795339

## Listing Agent

- **Name:** Randall Luna
- **Brokerage:** Elevate Realty Group
- **Phone:** 8177365757
- **Email:** randall@elevaterealtygroup.com

## Primary Photo

![1313 Lipan Highway - Primary Photo](http://lh.rdcpix.com/186ea7bd226c4cf5d80451d2d3968ce9l-f285969292r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/1313-lipan-highway-granbury-tx-76048-21221012)*

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**MLS#:** 21221012 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1313-lipan-highway-granbury-tx-76048-21221012)

---

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