Paragon Realtors Real Estate

1215 Waters Edge DriveGranbury, TX 76048Price: $1,066,350

  • Price: $1,066,350
  • 6 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,066,350List Price
  • 2.45Acreage

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Listed by Morris Duree of Granbury Realty,LLC ((817) 219-2220)
Prime 2.448-Acre Commercial Development Opportunity Exceptional 2.448-acre commercial tract zoned Light Commercial and ready for development. This platted parcel offers convenient access to city water, sewer, and electricity, providing an ideal foundation for a wide range of commercial and residential projects. Strategically located at the intersection of Waters Edge Drive and Hill Boulevard, the property is well-suited for a retail strip center, stand-alone office or medical building, professional services campus, or zero lot line patio home development. Its highly visible location and strong surrounding demographics make it an outstanding investment opportunity in one of Granbury's fastest-growing areas. The site is surrounded by established residential communities including Harbor Lakes, Waters Edge, Catalina Bay, The Point, Josiah Estates, and Southtown, providing a strong customer base and continued growth potential. Less than 300 yards from Lake Granbury, the property also benefits from proximity to major retail, dining, and entertainment destinations, including Walmart Supercenter, Lowe's, a movie theater, restaurants, banking centers, pharmacies, and Harbor Lakes Golf & Country Club. Further enhancing the property's appeal, the new SpringHill Suites by Marriott and the Lakeview Landing master-planned development are located just a few blocks away. These transformative projects are helping drive continued commercial growth and investment in one of Granbury's most desirable and rapidly expanding corridors. With utilities available, excellent accessibility, strong residential density, and proximity to major retail, hospitality, and recreational amenities, this is a rare opportunity to secure a premier development site in the heart of Granbury's expanding commercial corridor.

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Based on information submitted to North Texas Real Estate Information Services as of June 9, 2026 5:39 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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