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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1220 Sleepy Water Ct , Granbury, TX 76048
$5,750,000
Est. Payment: $29,603.50/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 362
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

EXCEPTIONALLY RARE main-body lakefront acreage offering with 811 feet of prime shoreline on one of the most desirable stretches of Lake Granbury. Spanning a total of 84.30 acres, this remarkable property presents a truly unique opportunity for investment, development, or a private legacy lakefront ranch retreat, and one of the last large unimproved lakefront properties remaining on Lake Granbury proper. Located just 5–7 minutes from Granbury’s Historic Town Square by vehicle or boat, this property offers a rare mix of both seclusion, tranquility and proximity. From higher elevations on-site, the iconic Granbury Courthouse Clock Tower is visible—an impressive reminder of how close you are to town while enjoying complete privacy in a natural waterfront setting. The main gravel road runs approximately 1.36 miles lengthwise through the property, showcasing 129 feet of gently rolling elevation change—from a minimum of 654 ft MSL to a maximum of 783 ft MSL—offering scenic vistas, natural draws, wet weather creeks and an ideal topographic variance for development or recreational use. The land includes a diverse mix of native hardwoods, including primarily oak, elm, mesquite, and juniper, various limestone outcroppings, as well as a portion of the scenic Contrary Creek, enhancing its ecological richness and aesthetic appeal. Minimal brush clearing has been performed over the years, leaving a myriad of options for a future owner. This is a rare opportunity to own a large contiguous waterfront tract with widespread development potential, significant recreational value, and excellent access from the DFW area—just minutes from the heart of Historic Granbury.

Highlights

Listed by Amy Trott , Williams Trew Real Estate , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
84.3

County

Hood

Neighborhood

T Price - Abst 439

School District

Granbury ISD

Listing ID

21045362

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Many Trees,Cedar,Mesquite,Oak,Rock Outcropping,Rolling Slope,Water/Lake View,Waterfront,50 to =< 100 Acres,Creek,Dock – Covered,Lake Front,Lake Front – Main Body,Retaining Wall – Other
Lot Dimensions:tbv
Zoning:Single Family Residential
Others:
  • Additional:Boat Slip, Dock
Principal Interest
$29,603
Taxes
$1,617

Home Price

$5,750,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$1,150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$29,603.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $29,603.50 $1,616.67 $0.00 $31,220.16
Yearly $355,241.97 $19,400.00 $0.00 $374,641.97
Total $10,657,258.96 $582,000.00 $0.00 $11,239,258.96

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Granbury, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T01:22:49.237Z

© 2026 North Texas Real Estate Information Systems