Welcome to your new home in Downtown Granbury! Ramped to help with groceries or access...cute, charming, very nice!!!
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203 S Lancaster Street

Granbury, Texas 76048
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Bed 3

Bed

Bath 2

Bath

SqFt1,192

Sqft

Acres0.09

Acre(Lot)

OMG! PRICE DRASTICALLY REDUCED!!!! OWNER SAYS Sell IT! FORMERLY GREAT DEAL JUST GOT EVEN BETTER!!! STR friendly in a great area close to Historic downtown district! This charming home is just a short stroll from the Historic Granbury Square and city parks. With three bedrooms and two baths, it features a warm, comfortable layout, luxury vinyl plank flooring in the kitchen and living areas, and abundant natural light. The kitchen offers a gas range, dishwasher, ample cabinet space, and easy access to the dining room, utility room, and a huge covered outdoor patio. The primary suite and secondary bedrooms are thoughtfully arranged for versatility, with an extra room perfect for an office or other use. Central heating and air keep the home cozy year-round, while new lighting fixtu res and fans add an updated, efficient touch. Custom-tiled bathrooms bring a surprising air of luxury. Outside, mature shade trees and a spacious covered back deck create a great space for relaxing or entertaining. The private, low-maintenance backyard is complemented by fresh exterior paint and classic curb appeal. Located in the Kay Neely subdivision, this home offers the convenience of downtown living with quick access to restaurants, parks, shopping, festivals, and all the charm of the Granbury Square. It’s ideal as a comfortable residence, a short-term rental, or a low-maintenance investment property. Wheelchair accessibility, a backyard storage shed, and even a donut shop within walking distance make this place hard to resist—MAKE IT YOURS TODAY!!!

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Detail Ic Property Details

Property Type : Residential

Price : $199,995

AD Id : 76835728

MLS Id : 556122051

Beds : 3

Lot Size : 0.09 Acre

Living Area Size : 1,192 Sq. Ft

Year Built : 1956

County : Hood

Subdivision: Kay Neely

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Open Floorplan,Walk-In Closet(s)

    Appliances

    Built-in Gas Range,Gas Water Heater,Microwave,Plumbed For Gas in Kitchen

    Utilities

    Asphalt,Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter
  • Cooling Features

    Ceiling Fan(s),Central Air,Gas

    Energy

    Green Energy: 12 inch+ Attic Insulation,Appliances,Drought Tolerant Plants,Low Flow Commode,Thermostat,Waterheater

    Heating Source

    Central,Natural Gas

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1956 Construction: Brick Roof Type: Composition
  • Foundation

    Pillar/Post/Pier
  • Accessibility Features

    Accessible Approach with Ramp

    Patio And Porch

    Covered,Deck

    Fencing

    Back Yard,Chain Link,Fenced,Privacy,Wood

    Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 0.0900 Lot Size Units: Acres Lot Size Square Feet: 3,920 Lot Size Source: Assessor Lot Features: Acreage,Cleared,Landscaped,Level,Lrg. Backyard Grass,Many Trees
  • Property Information

    SQ ft (Living Area): 1,192 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Kay Neely City: Granbury State: Texas Directions: From Stephenville and 377, take Bus. 377 Pearl Street to Lancaster. Turn Right. Home is on the left. From 144 headed north, Left at light at Morgan and Pearl. Left on Lancaster. Home is on left. From 51 headed south, right on Pearl st at the square. Pass 144 and L on Lancaster. Home is on left. Property Status: Active Exclusions: nothing. Levels: One Property Age: 70 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $199,995 List Price Tot SqFt: $168
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000037254 Tax Block: 165 Tax Legal Description: LOT: S 1/2 1 BLK: 165 SUBD: KAY NEELY Tax Lot: S Unexempt Taxes: $2,027

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking Features: Driveway,No Garage,On Street,Paved,Unassigned
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Emma Roberson Middle School: Granbury High School: Granbury School District: Granbury ISD
  • Utility Information

    Utilities: Asphalt,Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter,Individual Water Meter Green Energy Efficient: 12 inch+ Attic Insulation,Appliances,Drought Tolerant Plants,Low Flow Commode,Thermostat,Waterheater
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8704 Frontier Court, Granbury, TX, 76048 $274,000 2 1 1,140 4.60 Acres
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6204 Kelly Drive, Granbury, TX, 76048 $244,900 3 2 1,643 0.11 Acre
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 10/01/2026 @ 23:30

MLS: 556122051 LISTED BY: Jerry Allen, exp Realty, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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